FedEx Outpaces Transportation Peers with 29.9% YTD Gain and Upgraded Estimates
FedEx has delivered a 29.9% return year-to-date versus a 13.8% average gain for Transportation stocks. Analysts have raised FedEx’s full-year earnings estimate by 3.1% over the past 90 days, earning the company a Zacks Rank #1 (Strong Buy).
1. Year-to-Date Outperformance
Since January 1, FedEx stock has gained about 29.9%, outperforming a 13.8% average rise across all 114 Transportation sector stocks.
2. Analyst Estimate Trends
Over the past 90 days, analysts have increased FedEx’s full-year EPS forecast by 3.1%, reflecting stronger earnings outlooks and securing a Zacks Rank #1 (Strong Buy).
3. Industry and Peer Comparisons
FedEx belongs to the Transportation - Air Freight and Cargo industry, which has returned 22.5% year-to-date and holds a #14 industry ranking, while ZTO Express has achieved a 20.5% gain this year.
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