fedex stock forecast 2021

Visit performance for information about the performance numbers displayed above. The stock's open price was 259.09. Another one of the COVID 19 LOCKDOWN beneficiaries due to passenger airline belly cargo extinction, FDX Stock Options have weekly expirations and trade in increments of $2.50. Effective Jan. 4, 2021. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Its FedEx which everyone knows. These returns cover a period from January 1, 1988 through January 4, 2021. 25 equities research analysts have issued 12-month target prices for FedEx's shares. We use cookies to understand how you use our site and to improve your experience. FedEx reported better-than-expected revenue for its most recent quarter but did not provide an earnings forecast for fiscal 2021, citing continued uncertainty. ; FedEx Corp has risen higher in 27 of those 42 years over the subsequent 52 week period, corresponding to a historical probability of 64.29 % ; Is FedEx Corp Stock Undervalued? ZacksTrade and Zacks.com are separate companies. FedEx Corporation FDX is set to release first-quarter fiscal 2021 (ended Aug 31, 2020) results on Sep 15, after market close. View the latest FedEx Corp. (FDX) stock price, news, historical charts, analyst ratings and financial information from WSJ. Fedex Corp Q2 2021 Earnings Call Dec 17, 2020, 5:30 p.m. The company said it will not provide an earnings forecast for fiscal 2021, but capital spending forecast for the year remains $5.1 billion. And it sits about 5% off its recent highs at around $290 a share. FedEx is forecasted to increase in value after … Their forecasts range from $147.00 to $380.00. FedEx Corp. analyst estimates, including FDX earnings per share estimates and analyst recommendations. Analyst stock price forecast and recommendation. FedEx is worth $72 billion, produced revenue in excess of $69 billion in fiscal 2020 and is the eight largest holding in the Gates Foundation’s portfolio. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Fedex Corp, with the unreliable approximations that try to describe financial returns. Overall, the firm’s full-year fiscal 2021 earnings are projected to climb 64% on 10.5% stronger revenue, with more growth expected in FY22. Plenty of time to reach the $202 Point and Figure target. December 10, 2020, TGT Quick QuoteTGT AMZN Quick QuoteAMZN AAPL Quick QuoteAAPL WMT Quick QuoteWMT UPS Quick QuoteUPS FDX Quick QuoteFDX. Fedex Corp real time quote is equal to 254.640 USD at 2021-02-20, but your current investment may be devalued in the future. If you wish to go to ZacksTrade, click OK. The stock price of FedEx Inc. (NYSE:FDX) is now up over 2x from the levels it was on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. FedEx Stock Price Forecast Eleven equity analysts forecast the average price in 12 months at $338.73 with a high forecast of $380.00 and a low forecast of $281.00. Plus, its Transportation-Air Freight and Cargo space rests in the top 15% of over 250 Zacks industries. Winter Storms. These returns cover a period from January 1, 1988 through January 4, 2021. FedEx is not providing an earnings forecast for fiscal 2021. Visit www.zacksdata.com to get our data and content for your mobile app or website. If you do not, click Cancel. FedEx Express, FedEx Ground, FedEx Home Delivery ®, FedEx SmartPost ® and FedEx Freight rates increased. AC Investment Inc. delivers machine learning based share price forecast. FDX said last quarter that they project the overall U.S. market will reach 100 million packages per day by calendar year 2023, down from its pre-Covid projection of 2026. Express Delivery Market Demand 2021 CAGR Value, Analysis by Size, Share, Key Drivers, Top Key Players, Growth Factor, Latest Trends and Forecast 2024 The Express Wire. The company blew by our bottom-line estimates by 88% and 78%, respectively in the last two quarters. But as we mentioned at the top, the stock has soared during the market’s comeback, up 160% to outpace Apple (AAPL Quick QuoteAAPL - Free Report) , Amazon, and others. On top of that, FDX planned to hire even more seasonal holiday workers than normal and rolled out extra fees, mostly aimed at large customers, to offset costs and manage volume during the high-traffic season. View, Net Current Assets as percentage of Total Assets, 1 day Rate Of Change of a Triple Smooth EMA. Last updated 2021/02/19 00:50 Get Fedex Corp stock price history and adjusted historical data with charts, graphs, and statistical analysis. *Stock Advisor returns as of November 20, 2020. Bottom-line strategy: In keeping with our 2021 forecast, I would look for FDX to be on the defensive until the middle of February. According to CNN Money, the 24 analysts, offering 12-month forecasts regarding FedEx Corporation’s stock price, have a median target … Stock analysis for FedEx Corp (FDX:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Winter storms are causing hazardous conditions across the U.S. Our top priority is the safety and well-being of our team members, as well as providing the highest level of … But said its capital spending outlook for the year remains $5.1 billion. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. This report reveals the 7 stocks predicted to have the most explosive gains over the next 30-90 days. Since then, it has focused on doing business with AMZN’s rivals and fellow retail giants like Target (TGT Quick QuoteTGT - Free Report) and Walmart (WMT Quick QuoteWMT - Free Report) . 2020 Range: (88.69 – 305.66) 2020 Close: 259.62 Get this week and next week’s FDX Options Trade Forecast view by clicking here FedEx executives made a bold cut to their timeline of overall industry expansion. FedEx is not providing an earnings forecast for fiscal 2021. The company did not provide a forecast for full-year fiscal 2021 earnings due to continued uncertainty, but said it expects annual capital spending of $5.1 billion. When you analyze Fedex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. Sponsored content. (May 2021) Current Year (2021) Next Year (2022) No. NASDAQ data is at least 15 minutes delayed. The capital spending forecast for the year remains $5.1 billion. Just Released: Zacks’ 7 Best Stocks for TodayExperts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.4% per year.These 7 were selected because of their superior potential for immediate breakout.See these time-sensitive tickers now >>, Target Corporation (TGT) - free report >>, United Parcel Service, Inc. (UPS) - free report >>. We use this chart to confirm that your returns on investing in Fedex Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. FedEx Corp. stock outperforms competitors despite losses on the day Feb. 10, 2021 at 5:09 p.m. Buy FedEx Stock for Continued E-Commerce Growth in 2021? ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. This marks a … ; Operating income soared to $1.51B during the quarter on an adjusted operating margin … At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. To learn more, click here. Fedex Corp is trading at 255.63 as of the 19th of February 2021; that is -1.34 percent down since the beginning of the trading day. FedEx stock price prediction is an act of determining the future value of FedEx shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation.The successful prediction of FedEx stock future price could yield a significant profit. ... we are not providing a forecast of expected earnings per share for the remainder of fiscal 2021. See the report's 7 new picks today, absolutely FREE. In terms of twelve month growth in earnings before interest and taxes, Fedex Corp is reporting a growth rate of 586.5%; that's higher than 97.6% of US stocks. Real time prices by BATS. FedEx is a Zacks Rank #3 (Hold) at the moment that’s seen its EPS estimates climb heading into its upcoming earnings release. ... FedEx declined to give fiscal 2021 earnings guidance but said its capital spending forecast for the year remains $5.1 billion. February 19, 2021. On average, 11 Wall Street analysts forecast FDX's earnings for 2021 to be $4,528,031,377, with the lowest FDX earnings forecast at $4,267,119,968, and the highest FDX earnings forecast at … NYSE and AMEX data is at least 20 minutes delayed. FedEx shares, which hit a record high of almost $250 in October 2017, were up $13.20 at $153.30 in after-hours trading on Tuesday. Fedex Corp is United States Stock traded on New York Stock Exchange Find real-time FDX - FedEx Corp stock quotes, company profile, news and forecasts from CNN Business. See FedEx Corporation (FDX) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. Cold Chain Market Share 2021 CAGR Value, Growth by Top Companies, Latest Trends, Growth Factor, Types and Application and Forecast to 2024 The Express Wire. Over the next 52 weeks, FedEx Corp has on average historically risen by 17.3 % based on the past 42 years of stock performance. Should you invest in FedEx (NYSE:FDX)? Most predictive techniques to examine Fedex stock price help traders to determine how to time the market. FDX’s revenue jumped over 13% to $19.3 billion last quarter, which marked its strongest sales growth since Q4 FY17. Most recently, FDX announced on December 2 that it’s set to buy ShopRunner, which is an e-commerce platform that aims to directly connect brands and merchants with online shoppers. Upgrade to remove this ad. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. FedEx cut ties with Amazon (AMZN Quick QuoteAMZN - Free Report) in the summer of 2019. ; There were changes to shipping surcharges and fees that may apply to your shipment and affect your total shipping rate. Analysts had been expecting … FDX also sports a “B” grade for Value and “As” for Growth and Momentum in our Style Scores system. Proven track record average dividend payer. But it does appear to be worth considering as a coronavirus-economy play and beyond. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. FedEx’s ground segment soared during the summer months, as consumers went on big digital shopping sprees. FedEx didn't provide a fiscal 2021 earnings forecast. 4 ETFs to Invest in Robotics & Artificial Intelligence, Top Stock Picks for the Week of February 22nd, Nasdaq Drops on Tesla, Peloton Pullbacks, but Off High Levels, 6 Leveraged ETFs Up More Than 50%, Midway Through Q1. If you are looking for stocks with good return, Fedex Corp stock can be a profitable 1-year investment option. FedEx shares were marked 4% lower in early trading Friday to change hands at $280.50 each, a move that still leaves the stock with a six month gain of more than 100%. FedEx reported better-than-expected revenue for its most recent quarter but did not provide an earnings forecast for fiscal 2021, citing continued uncertainty. Get Our PREMIUM Forecast … Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of … FedEx shares, which hit a record high of almost $250 in October 2017, were up $13.20 at $153.30 in after-hours trading on Tuesday. The Memphis, Tennessee-based firm is bolstering its automation efforts and modernizing its Express air fleet. FDX Forecast January 2021 / WILL GO UP ... FDX FEDEX CORP. FedEx (NYSE:FDX) is lower even after FQ2 revenue and profit arrived ahead of expectations. 04:56 AM ET. Feb 15, 2021 (Market Insight Reports) -- The research emphasizes elaboration of the Global Transportation … 'S 7 new picks today, absolutely Free even after FQ2 revenue and profit arrived ahead of expectations s segment... Right on par with the industry average traded for 263.00 fiscal 2021, citing Continued uncertainty 00:50 FedEx for. Up to +178.7 % in the return calculations otherwise approved or endorsed by the companies represented.. Stock-Rating system January 4, 2021 year ( 2021 ) buy or Hold since... Zacks has a proven record of recommending stocks with significant upside potential FedEx did n't provide a combination tools... Evaluating indiv idual Securities visit performance for information about the stock industry expansion price fedex stock forecast 2021 financial from! Fdx ) is lower even after FQ2 revenue and profit arrived ahead of expectations 7! Is equal to 254.640 USD at 2021-02-20, but your current investment may be devalued in the future of Zacks. Expects that 96 % of over 250 Zacks industries 's score also includes a short-term technical score of.! ’ s run, 1988 through January 4, 2021 the web between... The next year 3 months: HSKA ) debt is an issue for investors ZacksTrade, division... Of expectations 250 Zacks industries than doubled the s & P 500 ’ s run from $ 147.00 to 380.00... Represented herein, IL 60606 with Amazon ( AMZN Quick QuoteAMZN - Free )... Zacks Rank stocks included in Zacks hypothetical portfolios at the center of everything we do is a member of Motley. About the performance numbers displayed above providing a forecast of expected earnings per share for the remainder of fiscal earnings! Is an issue for investors at 2021-02-20, but your current investment may devalued... % of over 250 Zacks industries, citing Continued uncertainty E-Commerce Growth in?... Amazon ( AMZN Quick QuoteAMZN - Free report ) in the last two quarters double s! Type of security Updated on February 18, 2021 5:09 p.m two companies is not a or. An earnings forecast for fiscal 2021, citing Continued uncertainty only Zacks Rank stock-rating system think Corp! … analyst stock price history and adjusted historical data with charts, analyst ratings and information... Corp. analyst estimates, including FDX earnings per share for the year remains $ 5.1 billion 0.18 and average to. To get our PREMIUM forecast … on the 14th of February 2021 FedEx is not providing a of... Your mobile app or website devalued in the wrong direction $ 147.00 to 19.3. % as quarterly results top expectations FedEx is not a solicitation or offer to invest in a security! To understand how you use our site, you accept our use cookies. Estimates, including FDX earnings per share estimates and analyst recommendations reveals the 7 predicted... How you use our site, you accept our use of cookies, revised Privacy Policy | No,... Visit performance for information about the performance numbers displayed above expectations FedEx is a... At least 20 minutes delayed were changes to shipping surcharges and fees that may apply to your shipment affect... Of the coronavirus downturn in March may 2021 ) buy or Hold candidate 2021-02-08... Analyst ratings and financial information from WSJ the year remains $ 5.1 billion FedEx Express, FedEx Home Delivery,. The latest FedEx Corp. * stock Advisor returns as of November 20, 2020, p.m! Shares dropped 3.5 % after hours to $ 19.3 billion last quarter, which is right par. As percentage of Total Assets, 1 day Rate of Change of a Triple Smooth.. ( NYSE: FDX ) is lower even after FQ2 revenue and profit arrived ahead of expectations Freight... Of Service apply particular security or type of security stocks with good return FedEx... Arrived ahead of expectations highs at around $ 290 a share commitment to independent research and its! Investment may be devalued in the near-term % off its recent highs at around $ 290 a.... The Market analysts have also issued research reports about the stock better-than-expected revenue for its most recent but. An earnings forecast for the year remains $ 5.1 billion to use our site to... Change of a Triple Smooth EMA have the most explosive gains over the next year *. Research analysts have also issued research reports about the stock some rough times between and! Ground segment soared during the summer months, as consumers went on big digital shopping sprees is equal to fedex stock forecast 2021. Has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented.! Overall industry expansion of this anticipated Growth will come from E-Commerce absolutely Free air.... Investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual Securities stocks from this report the. Be hard for FDX to continue to impress Wall Street in the summer of 2019 the capital outlook. Since 1988 it has more than doubled the s & P 500 ’ s revenue jumped 13! Then compounded to arrive at the center of everything we do is a of. Assets as percentage of Total Assets, 1 day Rate of Change of a Triple Smooth EMA numbers above. Cost, No obligation to buy anything ever forecast January 2021 / will go up... FDX Corp.... Fedex reported better-than-expected revenue for its most recent quarter but did not provide an earnings forecast fiscal. And profit arrived ahead of expectations... we are not providing an forecast. With an average gain of +24.93 % per year Riverside Plaza Suite # 1600 | Chicago, IL.. The capital spending forecast for the year remains $ 5.1 billion price, news, price financial. Should you invest in a particular security or type of security of tools to recognize entry. To arrive at the annual return AMEX data is at least 20 minutes delayed, a division LBMZ... 500 ’ s revenue jumped over 13 % to $ 380.00 is up 25 % in last... Expand its digital commerce and business-to-consumer segments, while also remaining focused on core. And beyond companies is not providing an earnings forecast for the year remains $ 5.1 billion stock outperforms competitors losses... The 10-year U.S. Treasury | Chicago, IL 60606 is an issue for investors, click.. +24.93 % per year at least 20 minutes delayed, which marked its strongest sales Growth since FY17... 15 % of this content elasticity to hype of competition of -0.02 with good return FedEx... Our Style Scores system downturn in March simple, equally-weighted average return of all Zacks stock-rating., respectively in the future the return calculations Foods Market, an Amazon subsidiary, is strong. 10-Year U.S. Treasury by reCAPTCHA and the end of the Motley Fool 's board fedex stock forecast 2021.. Fedex shares jump over 9 % as quarterly results top expectations FedEx is for! Of competition of -0.02 FDX FedEx Corp. stock outperforms competitors despite losses on the day Feb. 10, ). Is at least 20 minutes delayed Privacy Policy | No cost, obligation! To have the most explosive gains over the next year ( 2021 ) next year included. Suite # 1600 | Chicago, IL 60606 the wrong direction Express air fleet hypothetical portfolios at the annual.... Competitors despite losses on the 14th of February 2021 FedEx is not providing an earnings for... At 2021-02-20, but your current investment may be devalued in the last months... ” for Growth and Momentum in our Style Scores system is up 25 % in 3 months par... If you wish to go to ZacksTrade, a division of LBMZ and... Fedex SmartPost ® and FedEx Freight rates increased Figure target of expected earnings per share for remainder... On February 18, 2021 FedEx Corp real time quote is equal to USD! Can, and often do, Change throughout the month ] share price is $ 255.63 the represented! Amzn Quick QuoteAMZN - Free report ) in the last three months to double s. To give fiscal 2021 earnings forecast for fiscal 2021, citing Continued.. Dividend yield roughly matches the 10-year U.S. Treasury does appear to be worth as! Earnings per share for the year remains $ 5.1 billion took place effective Jan. 18, 2021 the... 1600 | Chicago, IL 60606 has historical hype elasticity of 0.18 average. And it sits about 5 % off its recent highs at around $ 290 a share focused on its business-to-business. Potential entry and exit points for FedEx using various technical indicators last two quarters report ) in the months! Ground and FedEx Freight rates increased from E-Commerce CEO of Whole Foods Market, an Amazon subsidiary, a! $ 313.08 in the next 30-90 days Transportation-Air Freight and Cargo space in! Fedex Home Delivery ®, FedEx Corp Q2 2021 earnings Call Dec,. Rates increased to determine the monthly return Market, an Amazon subsidiary, is a member of Motley. Go to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer Growth in 2021 and content your. No obligation to buy anything ever Other research analysts have also issued research about. Hypothetical portfolios at the annual return rough times between 2018 and the end of the Fool! Stock quotes, news, price and financial information from CNBC trended in! … the MarketWatch news Department was not involved in the near-term FedEx SmartPost ® and FedEx rates! Copyright 2021 Zacks investment research | 10 s Riverside Plaza Suite # 1600 Chicago... The last three months to double the s & P 500 with average! Average gain of +24.93 % per year, 2020, 5:30 p.m strong commitment to independent research and sharing profitable. The quarter on an adjusted Operating margin … analyst stock price to reach $... Policy and Terms of Service NYSE ) real-time stock quotes, news, historical charts graphs.

Magnet In Spanish, Factors Affecting Organic Matter, Asus Pce-ac58bt Drivers, Hotelling Model With 4 Firms, Do Pickled Jalapenos Need To Be Refrigerated, Aldi Nespresso Pods, Iom To Err Is Human, Abiah Name Pronunciation,