FedEx Shares Climb to $388.48, Up 1.39% and 23.7% in Month Ahead of Q1 Results
FedEx stock surged 1.39% to close at $388.48, outpacing the S&P 500’s 0.69% gain and rallying 23.67% over the past month versus the Transportation sector’s 9.73% gain and the S&P 500’s 1% decline. Analysts forecast March quarter EPS of $4.12, down 8.65% year-over-year, on projected revenue of $23.54 billion, up 6.22%.
1. Recent Stock Performance
FedEx closed at $388.48, marking a 1.39% gain that outperformed the S&P 500’s 0.69% advance, the Dow’s 0.47% rise and the Nasdaq’s 0.9% increase. Over the past month, the shares have climbed 23.67% compared with a 9.73% rise in the Transportation sector and a 1% drop in the S&P 500.
2. Q1 Earnings Expectations
The company is set to report first-quarter results on March 19, with consensus estimates calling for EPS of $4.12, an 8.65% decline from the prior year, and revenue of $23.54 billion, a 6.22% increase year-over-year. Investors will monitor top-line growth trends and margin pressures as the company navigates shifting demand patterns.
3. Analyst Ratings and Valuation
FedEx holds a top-ranked rating and trades at a forward P/E of 20.76, in line with its industry average, and carries a PEG ratio of 1.83, matching the Transportation – Air Freight and Cargo sector. Full-year consensus forecasts project EPS of $18.46, up 1.48%, and revenue of $92.83 billion, up 5.57%, underscoring moderate growth expectations.