Economy

FedEx Corporation (FDX) Analysts See $2.86 EPS

FedEx Corporation (FDX) Analysts See $2.86 EPS

J P Morgan Chase & Co boosted their price target on shares of FedEx from $237.00 to $264.00 and gave the company an "overweight" rating in a research report on Thursday, October 12th. FNY Managed Accounts LLC acquired a new position in shares of FedEx in the 1st quarter worth $100,000. The stock increased 0.75% or $0.09 during the last trading session, reaching $12.15. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $207.69.

FedEx (NYSE:FDX) last released its earnings results on Tuesday, September 19th.

Ken Greenberg increased its stake in Aquinox Pharmaceuticals Inc (AQXP) by 33.33% based on its latest 2017Q2 regulatory filing with the SEC. Insiders sold 195,598 shares of company stock valued at $37,347,615 in the last three months. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0.12% or 56,619 shares. Ghost Tree Capital Llc who had been investing in Aquinox Pharmaceuticals Inc for a number of months, seems to be bullish on the $249.43M market cap company. Salem Investment Counselors Inc. now owns 479 shares of the shipping service provider's stock valued at $104,000 after acquiring an additional 13 shares during the last quarter. About 238,991 shares traded. (NYSE:HD) has risen 18.65% since December 6, 2016 and is uptrending. It has outperformed by 105.65% the S&P500. On Friday, August 5 the stock rating was maintained by Jefferies with "Hold". The stock of FedEx Corporation (NYSE:FDX) earned "Buy" rating by Citigroup on Thursday, March 17. The company was initiated on Friday, October 23 by Needham. Alexandria Capital LLC now owns 540 shares of the shipping service provider's stock valued at $117,000 after purchasing an additional 13 shares during the last quarter. Jefferies maintained Aquinox Pharmaceuticals, Inc. Raymond James upgraded the shares of FDX in report on Monday, February 6 to "Outperform" rating. The firm has "Neutral" rating given on Thursday, April 14 by SunTrust. The stock of Aquinox Pharmaceuticals, Inc. (NYSE:GGG) on Wednesday, August 16 with "Hold" rating. Stifel Nicolaus has "Buy" rating and $186 target. Canaccord Genuity maintained Aquinox Pharmaceuticals, Inc.

Southpoint Capital Advisors Lp, which manages about $2.99 billion and $2.53 billion US Long portfolio, upped its stake in Manitowoc Inc (NYSE:MTW) by 1.75M shares to 7.75M shares, valued at $46.58 million in 2017Q2, according to the filing.

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More notable recent Aquinox Pharmaceuticals, Inc. Also Investorplace.com published the news titled: "Trade FedEx Corporation Stock for the Holidays" on November 08, 2017. 341,483 were accumulated by New South Inc. Bp Public Limited Co holds 0.23% or 28,500 shares. Also Seekingalpha.com published the news titled: "FedEx - Low Yield, Strong Growth" on December 02, 2017. The stock of FedEx Corporation (NYSE:FDX) earned "Buy" rating by Deutsche Bank on Wednesday, November 2.

Investors sentiment decreased to 1.01 in 2017 Q2. The company has a current ratio of 1.63, a quick ratio of 1.57 and a debt-to-equity ratio of 0.91. It fall, as 53 investors sold FDX shares while 373 reduced holdings. Vanguard Group Inc. raised its position in FedEx by 5.4% in the first quarter. The shipping service provider reported $2.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $3.17 by ($0.66). Miller Howard Invs holds 0.08% in FedEx Corporation (NYSE:FDX) or 17,587 shares. Tiemann Inv Limited Liability Company holds 0.4% or 2,074 shares.

Williams Jones Associates Limited Co owns 178,527 shares. Following the completion of the transaction, the director now directly owns 6,080 shares in the company, valued at approximately $1,371,344. 4,047 were reported by Moody Financial Bank Tru Division. Trinity Street Asset Mgmt Llp reported 193,147 shares. Cap One National Association stated it has 0.06% of its portfolio in FedEx Corporation (NYSE:FDX). Umb Savings Bank N A Mo invested 0.17% of its portfolio in FedEx Corporation (NYSE:FDX). Optimum Investment holds 5,841 shares or 0.31% of its portfolio. Numeric Investors Limited Liability Co, Massachusetts-based fund reported 2,100 shares. Reilly Advsr Ltd Company invested 0.02% of its portfolio in FedEx Corporation (NYSE:FDX). Murphy Capital accumulated 19,029 shares. Northstar Asset Management Ltd reported 13,199 shares or 1.29% of all its holdings. 1,634 are held by Canandaigua Retail Bank Tru. Therefore 62% are positive. Graco Inc had 26 analyst reports since September 15, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Wednesday, September 21 by Oppenheimer. The firm has "Outperform" rating by BMO Capital Markets given on Friday, March 24. The rating was maintained by Stifel Nicolaus on Wednesday, September 21 with "Buy". "The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services.new TradingView.widget ({ "height": "400, "width": "625, "symbol": "FDX", "interval": "D", "timezone": "Etc/UTC", "theme": "White", "style": "1", "locale": "en", "toolbar_bg": "#f1f3f6", "enable_publishing": "false, "hideideas": "true, "referral_id": "2588"}); Receive News & Ratings for FedEx Co. The firm has "Buy" rating given on Friday, June 3 by UBS. They expect $2.86 EPS, up 2.14% or $0.06 from last year's $2.8 per share. FDX's profit will be $766.90 million for 20.58 P/E if the $2.86 EPS becomes a reality. During the same period last year, the business earned $2.90 earnings per share. sell-side analysts predict that FedEx Co. will post 12.47 EPS for the current fiscal year.

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