FDX Stock Summary and Trading Ideas (Fedex | NYSE:FDX)

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder came from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016, boosting its presence across Europe. TNT was previously the fourth-largest global parcel delivery provider.

Fedex trades on the NYSE stock market under the symbol FDX.

As of April 21, 2025, FDX stock price declined to $205.12 with 1,113,900 million shares trading.

FDX has a beta of 0.70, meaning it tends to be less sensitive to market movements. FDX has a correlation of 0.14 to the broad based SPY ETF.

FDX has a market cap of $49.15 billion. This is considered a Large Cap stock.

Last quarter Fedex reported $22 billion in Revenue and $4.51 earnings per share. This beat revenue expectation by $310 million and missed earnings estimates by -$.03.

In the last 3 years, FDX traded as high as $313.84 and as low as $141.92.

The top ETF exchange traded funds that FDX belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.

FDX has underperformed the market in the last year with a price return of -19.9% while the SPY ETF gained +4.1%. FDX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -24.9% and -5.0%, respectively, while the SPY returned -13.7% and -4.3%, respectively.

FDX support price is $202.05 and resistance is $213.05 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDX shares will trade within this expected range on the day.