Added to YB: 2024-07-08
Pitch date: 2024-07-06
FDX [bullish]
FedEx Corporation
+30.32%
current return
Author Info
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Company Info
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally.
Market Cap
$71.9B
Pitch Price
$226.77
Price Target
387.00 (+31%)
Dividend
1.83%
EV/EBITDA
5.69
P/E
16.37
EV/Sales
1.07
Sector
Air Freight and Logistics
Category
growth
FedEx is still a Deep Value opportunity after Q4 results
FDX: Leader in logistics & delivery, 4.5-6% market CAGR. Q4 rev +1% YoY, EPS +10%. DRIVE program delivering $1.8B cost cuts, margins expanding. FY25 EPS growth 12-24%. Trades 14x P/E vs UPS 17x. $387 PT (15% upside). Market share gains, efficiency improvements, strong FCF growth. Buy rating.
Read full article (9 min)