FedEx Corp. is restructuring to restore its growth

FedEx Corp. is restructuring to restore its growth

Dividend growth and active share buybacks underscore the management’s belief in the intrinsic value of the company, while cost-saving initiatives should further enhance profitability. In short, FedEx is a top pick for the long run.

 The stock trades at 13.0 times the company’s forward earnings forecast.

FEDEX… Read More

FedEx ponders a spinoff

FEDEX CORP. $296 is a buy. The package delivery firm (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 246.1 million; Market cap: $72.8 billion; Price-to-sales ratio: 0.7; Dividend yield: 1.9%; TSINetwork Rating: Average; www.fedex.com) reported 0.8% higher revenue in its fiscal 2024 fourth quarter, ended… Read More

FedEx’s shares are cheap and poised for outperformance

FedEx’s shares are cheap and poised for outperformance

FedEx’s strong financial health and strategic acumen are reinforced by the upward revision of its consensus earnings. Its impressive track record of surpassing earnings expectations further bolsters this sentiment.

Meanwhile, dividend growth and active share buybacks also underscore the management’s belief in the intrinsic value of… Read More

Cost cuts lift FedEx’s profits

FEDEX CORP. $246 is still a buy. The company (New York symbol FDX; Aggressive Growth Portfolio, Consumer sector; Shares outstanding: 249.9 million; Market cap: $61.5 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.0%; TSINetwork Rating: Average; www.fedex.com) delivers packages and documents in the U.S. and 220 other countries.
The re-opening… Read More

A earnings drop doesn’t negate a rosy future at FedEx

A earnings drop doesn’t negate a rosy future at FedEx

A 6.7% revenue decline that missed the consensus forecast hasn’t changed our long-term outlook for FedEx. That’s because the company’s ongoing re-organization should deliver solid gains in the years to come.

Meanwhile, the stock trades at just 14.1 times the company’s 2024 earnings forecast.

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FEDEX CORP. (New… Read More