FedEx Corporation (FDX) Analysts See $2.86 EPS

The volume of FDX witnessed a shift from 1.52 million shares, based on a 50-day average, to 1.18 million shares. Celgene Corporation (NASDAQ:CELG) has risen 17.00% since November 18, 2016 and is uptrending. It has outperformed by 30.41% the S&P500.

Ing Groep Nv decreased Fedex Corp (FDX) stake by 70.92% reported in 2017Q2 SEC filing. The Southpoint Capital Advisors Lp holds 700,000 shares with $152.13M value, down from 750,818 last quarter. The company has market cap of $57.41 billion. Also, Director Kim Jabal sold 3,980 shares of the company's stock in a transaction dated Wednesday, November 1st. The total number of shares traded in the last 12 months is 477,972. "Purchases Shares of 2,662 FedEx Corporation (FDX)" was first published by TrueBlueTribune and is the property of of TrueBlueTribune. It has outperformed by 2.32% the S&P500.

Investors sentiment decreased to 1.01 in Q2 2017. The company has a market capitalization of $50.54 billion, a PE ratio of 26.87 and a beta of 1.14.

The Goldman Sachs Group, Inc. initiated coverage on shares of FedEx Corporation (NYSE:FDX) in a report released on Monday morning, Marketbeat Ratings reports. The shipping service provider reported $2.51 earnings per share for the quarter, missing analysts' consensus estimates of $3.17 by ($0.66). Epoch Inv Inc has 74,893 shares for 0.03% of their portfolio. After $2.51 actual EPS reported by FedEx Corporation for the previous quarter, Wall Street now forecasts 13.94% EPS growth. Corporate insiders own 8.45% of the company's stock.

FedEx Corporation (FDX) traded down $1.91 during midday trading on Wednesday, reaching $216.00. Etrade Cap Limited Liability Com holds 0.3% or 58,369 shares in its portfolio. East Coast Asset Management Lc reported 0.32% of its portfolio in FedEx Corporation (NYSE:FDX). Alexandria Capital LLC now owns 540 shares of the shipping service provider's stock worth $117,000 after acquiring an additional 13 shares in the last quarter.

In terms of performance, we can pore into the stats for FedEx Corporation (NYSE:FDX). Prudential Public Ltd holds 0.04% or 52,403 shares in its portfolio. BlackRock Inc. now owns 14,823,307 shares of the shipping service provider's stock valued at $2,892,768,000 after acquiring an additional 14,086,601 shares during the period. Summit Secs Grp Ltd reported 1,200 shares. Cambridge Advsr holds 0.15% in FedEx Corporation (NYSE:FDX) or 1,664 shares. Sumitomo Life Insur reported 0.24% in FedEx Corporation (NYSE:FDX).

After having $2.51 EPS previously, FedEx Corporation's analysts see 13.94 % EPS growth. Therefore 62% are positive. Cowen and Company restated a "buy" rating and issued a $240.00 target price on shares of FedEx Corporation in a research report on Thursday, August 10th. The fund owned 4,539 shares of the shipping service provider's stock after buying an additional 204 shares during the period. Stifel Nicolaus maintained FedEx Corporation (NYSE:FDX) rating on Wednesday, September 21. Wells Fargo maintained the stock with "Outperform" rating in Friday, December 4 report. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, September 30. Cowen & Co has "Buy" rating and $24000 target. The firm has "Buy" rating given on Monday, February 22 by Stifel Nicolaus. The rating was maintained by BMO Capital Markets on Friday, June 2 with "Buy". The company was upgraded on Wednesday, January 20 by Standpoint Research. The company's quarterly EPS surprised Wall Street by as much as -19% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Loop Capital reaffirmed a "buy" rating and set a $260.00 price objective (up from $250.00) on shares of FedEx Corporation in a report on Wednesday, September 20th. Analysts predict that FedEx Co. will post $11.93 earnings per share for the current year. It has a 20.34 P/E ratio. Finally, Janney Montgomery Scott LLC grew its holdings in shares of FedEx Corporation by 1.3% during the second quarter.

Investors sentiment increased to 1.34 in Q2 2017. Its down 0.03, from 0.86 in 2017Q1.

Large investors have recently bought and sold shares of the company. LLC raised its position in FedEx by 0.4% in the third quarter. San Francisco Sentry Investment (Ca), a California-based fund reported 2,379 shares. First Tru LP reported 11,743 shares. (NYSE:DCI). Swiss State Bank holds 0.01% or 209,700 shares in its portfolio. Ls Advisors Limited Liability Co has 777 shares for 0.01% of their portfolio. Kentucky Retirement System Tru Fund accumulated 6,737 shares. WALTON S ROBSON sold 3.22 million shares worth $256.21M. Strategic Advisors Ltd Liability Corporation reported 0.16% stake. Rand Wealth Llc holds 0.53% or 17,907 shares. Navellier Associate Incorporated owns 75,973 shares. Roffman Miller Associate Inc Pa, a Pennsylvania-based fund reported 101,374 shares. 344,490 are held by Bnp Paribas Arbitrage Sa. Commonwealth Equity holds 0% or 3,427 shares in its portfolio. The shares were sold at an average price of $225.55, for a total transaction of $897,689.00. Vanguard Group Inc. now owns 18,490,065 shares of the shipping service provider's stock valued at $4,018,446,000 after buying an additional 492,840 shares during the last quarter. It also reduced Vmware Inc (NYSE:VMW) stake by 558,954 shares and now owns 769,586 shares. Cyrusone Inc (NASDAQ:CONE) was raised too.

Since June 19, 2017, it had 0 insider buys, and 1 sale for $674,496 activity. The insider D'Ercole Ronald sold 18,608 shares worth $421,792. Insiders have sold a total of 60,598 shares of company stock worth $11,829,915 over the last ninety days. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-three have assigned a buy rating to the company. Therefore 65% are positive. Wal-Mart Stores Inc had 121 analyst reports since August 14, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with "Sector Perform" rating in Thursday, September 17 report. (TSE:ACQ) earned "Hold" rating by Canaccord Genuity on Monday, August 10. The firm has "Outperform" rating by RBC Capital Markets given on Monday, October 31. The stock now has an average rating of "Buy" and an average target price of $230.21. Following the sale, the executive vice president now owns 151,536 shares in the company, valued at approximately $29,549,520. On Thursday, July 27 the stock rating was maintained by Oppenheimer with "Buy".

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