SMITH FREDERICK W, Chairman/CEO, subtracted 155,650 shares of FedEx Corporation (FDX) from its portfolio at the rate of $189.83 per share valuing $29,547,014 on Apr 05. The insider left behind 14,789,474 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of FedEx Corporation (FDX) was $165.67. Currently, the 1st Resistance Point for this stock is $166.74, with a 2nd Resistance Point sitting at $167.82. Meanwhile, this company’s stock has a 1st Support Level at $163.73 and a 2nd Support Level at $161.80. FedEx Corporation (FDX) stock has gained $8.82, or 5.62%, in the past five days. In the last full month, these shares have lost -$6.63, or -3.85%. In the past three months, this stock’s price has fallen by -$13.86, or -7.72%. This year-to-date, FedEx Corporation (FDX) shares have gained $4.34, or 2.69%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For FedEx Corporation (FDX) stock, 40% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 25% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”
With 260,575 K shares outstanding, this company currently has a market capitalization of $42,048,988K. FedEx Corporation (FDX) generates $65,450 M in annual sales, amounting to annual net income of $4,572 M. This stock has generated a 1-Year Total Return of -36.99%, a 3-Year Total Return of 2.11%, and a 5-year Total Return of 11.85%. This stock’s 5-Year Dividend Growth is 257.14%, with its most recent dividend valued at $0.650 per share on 03/08/19. Its Annual Dividend Yield is 1.63%, and its Annual Dividend Rate is 2.60.
In the most recently-reported fiscal quarter, which ended in Feb-19, FedEx Corporation (FDX) reported earnings of $3.03 per share. Wall Street analysts, on average, were expecting the company to report earnings of $3.11 per share, representing a -0.08 difference and 2.67% surprise. In the previous quarter ending in Nov-18, the reported earnings of $4.03 represented a 0.09 difference from the consensus estimate calling for $3.94 per share, which was a 2.35% surprise.
For the current fiscal quarter, which is set to end in 05/2019, the average earnings estimate is $4.89 per share. This estimate came from a total of 10 Wall Street Analysts. Of those market experts, the high estimate was $5.10 and the low estimate was $4.57. In the year-ago quarter, FedEx Corporation (FDX) generated per-share earnings of $5.91. If the analysts are correct about the current quarter’s earnings, the growth will be -17.26% .
Turning our focus now to insider trading activity, there have been 15 purchases (369,010 shares in total) and 8 sale (199,750 shares in total) in the last 3 months. In the last 6 months, there have been 22 insider buys amounting to 400,550 shares and 11 insider sales amounting to 271,942 shares. In the past full year, 27 insider purchases were made (involving 407,505 shares) and 14 insider sell-offs equivalent to 273,976 shares.
Moving onto liquidity, FedEx Corporation (FDX) has a Current Ratio of 1.39, a Quick Ratio of 1.33 and a Cash Ratio of 0.34. Looking at this company’s capital structure, its Total Debt to Total Equity is 85.42, its Total Debt to Total Capital is 46.07, and its Total Debt to Total Assets is now 31.69. Looking even further ahead into the future, its Long-Term Debt to Equity is 78.51 and its Long-Term Debt to Total Capital is 42.34.