Deep Dive Into FedEx Stock: Analyst Perspectives (5 Ratings)
Portfolio Pulse from Benzinga Insights
Five analysts have recently updated their ratings on FedEx (NYSE:FDX), with a mix of bullish and neutral stances. The average 12-month price target is now $304.00, down from the previous $315.25. Analysts from Melius Research, Stephens & Co., Raymond James, Barclays, and JP Morgan have adjusted their price targets, with four lowering their estimates and one announcing a new 'Buy' rating. FedEx's financials show a slight revenue decline, strong net margin, ROE, and ROA, and a healthy debt-to-equity ratio. These updates may influence investors' perceptions of FedEx's stock performance in the short term.
January 08, 2024 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
FedEx has received mixed analyst ratings with a lowered average price target of $304.00. Financial indicators show a minor revenue decline but overall strong performance with a high net margin, ROE, and ROA, and a low debt-to-equity ratio.
The mixed analyst ratings and lowered price target suggest uncertainty, which could lead to a neutral short-term impact on the stock price. However, the strong financial indicators may counterbalance the negative sentiment from the revenue decline and support the stock's stability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100