FDX Stock Recent News
FDX LATEST HEADLINES
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With US equities hovering near record levels and economics indicators flashing warning signs – Morgan Stanley is urging investors to seek shelter in companies with robust free cash flows. According to the investment firm, “cash-rich” businesses are better equipped to navigate volatility, thanks to their ability to self-finance operations and growth.
Oracle surged to new highs on major contract wins, signaling strong future growth despite recent earnings miss. AI and tech stocks like AVGO and NBIS rallied on large customer acquisitions, while ADBE lagged due to monetization concerns.
A big Wall Street bank got more cautious about two U.S. shipping giants' shares today.
FedEx (FDX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BofA Global Research downgraded both United Parcel Service Inc (NYSE:UPS) and FedEx Corp (NYSE: FDX) to "underperform" from "neutral," and to "neutral" from "buy," respectively.
FedEx faces tariff headwinds, weak demand, and a mixed earnings history as investors eye Q1 results and management updates.
FedEx (FDX) closed at $225 in the latest trading session, marking a -1.19% move from the prior day.
FedEx's parcel delivery business faces low margins and tough competition, but cost-saving initiatives could boost profits by up to 50%. The planned spin-off of the high-margin freight segment is a key catalyst, potentially unlocking significant shareholder value and raising FedEx's valuation multiple. Despite industry challenges, FedEx is undervalued at 13x earnings; a more appropriate multiple is 16-17x, implying a 30% stock price upside.
If you're out, take a look at getting in. If you're in, don't bail out. FedEx's DRIVE initiative is delivering on cost reductions, with $4 billion in structural savings achieved. I outline the savings are demonstrable, not hot air. Management's new focus upon capital allocation, free cash flow, and returning capital to investors will spur share price appreciation.