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FedEx (FDX) Stock After 20% Pullback Is The Market Pricing In Too Much Caution
Simply Wall St.41d agoneutral
FedEx (FDX) Stock After 20% Pullback Is The Market Pricing In Too Much Caution

If you are wondering whether FedEx at around US$316.83 is still offering value after a strong run, the key is to understand what the current price actually reflects about the company. The stock has pulled back recently, with the share price down 2.8% over the past week and 19.6% over the past month, although it remains up 8.1% year to date and 80.7% over the past year. Recent news around FedEx has focused on its role as a major global logistics provider and how the company is positioned as...

FedEx shares fall on lower margins, concerns over Freight spinoff
Reuters Videos42d agobearishVIDEO
FedEx shares fall on lower margins, concerns over Freight spinoff

<body><p>STORY: Shares of FedEx fell&nbsp;Wednesday morning after the company posted lower margins in its core delivery segment.</p><p>That raised investor doubts about its future following the spinoff of its highly profitable trucking unit.</p><p>In a bid to focus on its delivery business, FedEx spun off its trucking unit, FedEx Freight, earlier this month.&nbsp;</p><p>The slimmed-down company is under investor scrutiny to bolster profits and reduce costs, which have climbed for employee salaries and benefits as well as for outsourced transportation and fuel.</p><p>U.S. logistics firms including UPS &nbsp;and FedEx have been battling volume decline due to changing U.S. trade policies, while the Iran war has pushed fuel prices higher.</p><p>Also weighing on volumes is the loss of duty-free "de minimis" treatment for low-value e-commerce shipments tied to China-linked discount sellers, such as Shein and Temu.</p></body>

More FedEx MD-11 cargo jets return to service, others are retired
FreightWaves42d agoneutral
More FedEx MD-11 cargo jets return to service, others are retired

FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.

An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried
24/7 Wall St.42d agoneutral
An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried

The day after FedEx (NYSE:FDX) reported, the stock is down again, and an analyst on CNBC’s Closing Bell Overtime spent his segment trying to convince viewers that the people selling are reading the wrong line of the income statement. The shares finished the prior session lower and slid another 1.83% in Wednesday’s session to $311.43, ... An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried

Investing.com43d agoneutral
Absci, FuelCell Energy surge premarket; Cerebras, FedEx tumble

Investing.com - U.S. stock index futures were mixed on Wednesday, with the S&P 500 and Nasdaq edging higher after a bruising two-day selloff in technology and semiconductor shares. Investors were also looking ahead to earnings from memory chipmaker Micron for fresh clues on the outlook for artificial intelligence-related demand.

FedEx boost revenue behind premium parcel, freight volumes
FreightWaves43d agoneutral
FedEx boost revenue behind premium parcel, freight volumes

FedEx reported strong quarterly results, driven by growth in package volumes and yields as the company focuses on high-margin logistics business. The post FedEx boost revenue behind premium parcel, freight volumes appeared first on FreightWaves.