FedEx Corporations in-depth stock price analysis indicates that the stock price has rallied 1.91% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 15.71% . Looking at the past 52 week period, the stock price is up at 48.41% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of FedEx Corporation has a positive value of 14.43 compared to overall market. FedEx Corporation (NYSE:FDX) has climbed 1.41% in the past week and advanced 2.06% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.59% and the outperformance has advanced to 0.23% for the last 4 weeks period.
FedEx Corporation (NYSE:FDX) : On Friday heightened volatility was witnessed in FedEx Corporation (NYSE:FDX) which led to swings in the share price. The stock opened for trading at $188.78 and hit $191 on the upside , eventually ending the session at $190.86, with a gain of 1.21% or 2.29 points. The heightened volatility saw the trading volume jump to 1,188,336 shares. The 52-week high of the share price is $201.57 and the company has a market cap of $50,866 million. The 52-week low of the share price is at $122.78 .
FedEx Corporation Last issued its quarterly earnings results on Dec 20, 2016. The company reported $2.80 EPS for the quarter, missing the analyst consensus estimate by $ -0.11. Analyst had a consensus of $2.91. The company had revenue of $14900.00 million for the quarter, compared to analysts expectations of $14914.26 million. The companys revenue was up 19.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.58 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.FedEx Corporation was Upgraded by Raymond James to Outperform on Feb 6, 2017. Company shares were Reiterated by Cowen on Dec 16, 2016 to Outperform, Raises Price Target to $ 240 from a previous price target of $180 .FedEx Corporation was Initiated by JP Morgan on Dec 13, 2016 to Overweight, Price Target of the shares are set at $233.FedEx Corporation was Downgraded by Stifel on Nov 15, 2016 to Hold, Price Target of the shares are set at $186.
Company has reported several Insider transactions to the SEC, on Jan 26, 2017, Robert B Carter (EVP Chief Info Officer) sold 34,580 shares at 191.22 per share price.On Dec 23, 2016, David J Bronczek (President/CEO/FedEx Express) sold 36,529 shares at 192.04 per share price.On Nov 9, 2016, John L Merino (CVP PRIN ACCT OFFICER) sold 10,280 shares at 181.72 per share price.
FedEx Corporation is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Services offered by FedEx companies include worldwide express delivery, ground small-parcel delivery, less-than-truckload freight delivery and global logistics, supply chain management and electronic commerce solutions.