FedEx Corp (FDX) Stock AnalysisFDXFedEx Corp

FedEx Corp. provides customers and businesses worldwide with a portfolio of transportation, e-commerce, and business services. The Company's segments include Express U.S. Domestic and Express International. Express U.S. Domestic segment offers a range of United States domestic shipping services for packages and freight. It offers three overnight package delivery services (FedEx First Overnight, FedEx Priority Overnight, and FedEx Standard Overnight) and three deferred package delivery services (FedEx 2Day, FedEx 2Day AM, and FedEx Express Saver). It is also a provider of day-definite business and residential delivery services for packages weighing up to 150 pounds. Express International segment offers a range of shipping services for delivery of packages and freight. Its package services include a money-back guarantee. Its FedEx Logistics provides international trade services, specializing in customs brokerage, global ocean and air freight forwarding, and managed transportation. It operates in the Industrials sector (AIR COURIER SERVICES industry).

FedEx Corp (FDX) is a good buy right now, trading at $293.55 with a forward P/E of 14.22, which is attractive compared to the industry average. The stock has shown a strong 1-year change of +22.41%, indicating solid performance over the past year. However, the main risk is the recent downgrade in price targets by analysts, with Truist lowering its target to $350 from $365, reflecting concerns over market conditions. Overall, the potential for growth, supported by a favorable valuation and positive earnings momentum, outweighs the risks at this price point.

28 analysts cover FDX: 21 rate it Buy, 7 Hold and 0 Sell. The average price target is 315.05.