FedEx (FDX) Misses Q1 EPS by 11c; Offers FY20 EPS Guidance Below Consensus

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FedEx (FDX) Tests Low, Down 13%

September 18, 2019 10:04 AM EDT

FedEx (NYSE: FDX) Tests Low, Down 13%

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FedEx (FDX) PT Lowered to $175 at Baird

September 18, 2019 7:54 AM EDT

Baird analyst Benjamin Hartford lowered the price target on FedEx (NYSE: FDX) to $175.00 (from $180.00) while maintaining a Outperform rating.

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Stephens Reiterates Overweight Rating on FedEx (FDX)

September 18, 2019 7:00 AM EDT

Stephens analyst Jack Atkins reiterated an Overweight rating and $210.00 price target on FedEx (NYSE: FDX) following the company's 1Q earnings report. FedEx reported adj. F1Q20 EPS of $3.05 vs. consensus of $3.15. FDX has lowered its FY20 guidance and now projects FY20 adj. EPS of... More

Stifel Downgrades FedEx (FDX) to Hold

September 18, 2019 6:25 AM EDT

Stifel analyst David Ross downgraded FedEx (NYSE: FDX) from Buy to Hold with a price target of $171.00 (from $185.00).

The analyst comments "The stock fell 10% in the aftermarket, and we are stepping to the sidelines with a Hold rating, as the... More

FedEx (FDX) PT Lowered to $175 at Raymond James

September 18, 2019 4:52 AM EDT

Raymond James analyst Patrick Tyler Brown lowered the price target on FedEx (NYSE: FDX) to $175.00 (from $190.00) while maintaining a Outperform rating.

The analyst comments "While we concede that FedEx's recent stock action, fueled by guidance cuts on the heels of greater-than-anticipated impacts... More

UPDATE: Deutsche Bank Downgrades FedEx (FDX) to Hold, 'Lost Confidence'

September 18, 2019 4:10 AM EDT

(Updated - September 18, 2019 4:53 AM EDT)

(updated to add analyst comment)

Deutsche Bank analyst Amit Mehrotra downgraded FedEx (NYSE: FDX) from Buy to Hold with a price target of $142.00 (from $178.00).

The analyst comments "...the downgrade reflects two key issues: (1) very weak... More

UPDATE: BMO Capital Downgrades FedEx (FDX) to Market Perform

September 18, 2019 4:10 AM EDT

(Updated - September 18, 2019 7:07 AM EDT)

(updated to add analyst comment)

BMO Capital analyst Fadi Chamoun downgraded FedEx (NYSE: FDX) from Outperform to Market Perform with a price target of $165.00 (from $190.00).

The analyst comments "Up until now, we had put more... More

FedEx (FDX) September call option implied volatility elevated into EPS and outlook

September 17, 2019 10:45 AM EDT

FedEx (NYSE: FDX) September call option implied volatility is at 67, October is at 34; compared to its 52-week range of 19 to 43 into the expected release of quarter results after the bell on September 17. Call put ratio 1 call to 1.4 puts.

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FedEx to increase shipping rates across units in 2020

September 16, 2019 4:53 PM EDT

(Reuters) - U.S. package delivery company FedEx Corp (NYSE: FDX) said on Monday shipping rates at its express unit, which delivers packages using planes, will increase by an average of 4.9% for domestic, export and import services starting Jan. 6 next year.

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FedEx (FDX) Announces No Additional Residential Surcharges for Third Straight Holiday Season

September 16, 2019 4:19 PM EDT

FedEx Corp. (NYSE: FDX) announced today that, for the third year in a row, the company will not apply additional residential surcharges during the holiday season, except for shipments that are oversized, unauthorized or that require additional handling. Dates for such peak surcharges vary. Details can be found at:... More

FedEx (FDX) option implied volatility elevated into EPS and outlook

September 16, 2019 10:28 AM EDT

FedEx (NYSE: FDX) September call option implied volatility is at 56, October is at 32; compared to its 52-week range of 19 to 43 into the expected release of quarter results after the bell on September 17.

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FedEx (FDX) PT Lowered to $168 at JPMorgan

September 16, 2019 6:39 AM EDT

JPMorgan analyst Brian Ossenbeck lowered the price target on FedEx (NYSE: FDX) to $168.00 (from $172.00) while maintaining a Neutral rating.

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