FedEx (FDX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this package delivery company have returned -10.2%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Transportation - Air Freight and Cargo industry, which FedEx falls in, has lost 0.5%. The key question now is: What could be the stock's future directio ...

UPS (UPS 1.10%) currently sports a dividend yield of slightly more than 4%, and it has good long-term growth stocks, but is it the kind of dividend stock investors should be buying? The answer is yes and no, depending on your tolerance for near-term risk. Here's what you need to know before buying the stock.Why buying UPS stock won't suit youDon't buy UPS if you can't stomach the potential for near-term risk. Package delivery companies are cyclical, meaning their delivery volumes and earnings depend on econ ...

FedEx Corporation’s (FDX) consistent efforts to reward shareholders through dividends and buybacks are encouraging. However, shipping volume-related weakness is a headwind.Let’s delve deeper.Factors Working in Favor of FDXWe are pleased with the company’s efforts to reward its shareholders even in these difficult times. In April 2023, FedEx raised its quarterly dividend by 10% to $1.26 per share (or $5.04 annually). FDX is also active on the buyback front. During fiscal 2023, FedEx repurchased shares worth ...

The industrial sector encompasses a diverse range of companies involved in the production and distribution of goods used in construction, manufacturing, and infrastructure. This sector includes machinery, aerospace, defense, construction, and engineering firms. Companies in the industrial sector are integral to the economy, often seen as a barometer of economic health. They are sensitive to business cycles, with their performance closely tied to industrial and economic activity.Investing in industrial stock ...

Pedestrians carrying Nike and Allbirds shopping bags in the SoHo neighborhood of New York on Oct. 24, 2021.Nina Westervelt | Bloomberg | Getty ImagesAfter years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power.Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping options. Airlines including Southwest discounted off-peak fares in the fall. The likes of Target and Chee ...

The U.S. stock market’s year-end rally looks intact. Lately I have been focused on equity hedge-fund performance and the necessity of hedge-fund managers to preserve and enhance returns ahead of their Dec. 31 incentive fee calculation dates. Funds that haven’t yet closed their books are on a “beta chase” in order to preserve performance bonuses. Meanwhile, small-cap stocks are staging upside breakouts from multi-month bases during a seasonally positive period for the group. Further progress will confirm the ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--As part of its commitment to enhance capital returns to stockholders, FedEx Corp. (NYSE: FDX) today announced that it has entered into an accelerated share repurchase ("ASR") agreement with Mizuho Markets Americas LLC (“Mizuho”) to repurchase $1.0 billion of FedEx’s common stock as part of the company’s previously announced share repurchase program. Under the terms of the ASR agreement, FedEx will pay $1.0 billion to Mizuho and receive an initial share delivery of approximat ...

Shares of FedEx Corp. FDX, +0.27% climbed 0.5% in premarket trading Tuesday, after the package-delivery company announced a $1 billion accelerated share repurchase program. The ASR agreement represents about 1.6% of FedEx’s market capitalization of $61.98 billion as of Friday’s close. The company said the repurchases will be completed no later than Feb. 29. When the company reported fiscal second-quarter results last week, FedEx said it planned to buy back $1 billion worth of stock in 2024. FedEx’s stock h ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation (NYSE: FDX) announced today that Silvia Davila has been elected to the FedEx Board of Directors. Ms. Davila serves as the regional president of Latin America for Danone S.A., where she is responsible for leading operations in Mexico and for all categories in the Latin America region. She brings vast experience in leading financial and digital transformations to achieve sustained growth, as well as promoting diversity and inclusion and leveraging innovati ...

Teka77FedEx (NYSE:FDX) has been one of the companies I have been following for years due to their big fleet of freighter airplanes providing somewhat of an indicator on strength on the air freight market. I have never covered the stock before, but as it was part of my watchlist I have seen it fall post earnings many times, and the most recent quarterly report was no exception. In this report, I will be briefly discussing the results and more importantly I will assess whether the recent share decline in ...