FedEx Presents Opportunity After Sell Off [Seeking Alpha]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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US:NYSE Investor Relations:
fedex.com/us/investorrelations
Company Research
Source: Seeking Alpha
Follow Play 15min Summary FedEx's DRIVE and Network 2.0 programs aim to streamline operations, saving $6 billion annually by 2028 without sacrificing top line growth. Despite a recent 9% stock price drop, FedEx offers a 4.0% buyback yield and 2.1% dividend yield, making it attractive for long-term investors. The expiration of the USPS airmail contract poses short-term challenges but could improve margins through better fleet utilization and cost management. FedEx maintains strong financials with $5.9 billion in cash and a net debt to EBITDA of 1.9x, ensuring stability amid economic uncertainties. Jozsef Soos/iStock Editorial via Getty Images Investment Thesis FedEx ( NYSE: FDX ) is an American delivery conglomerate with a global footprint, focusing primarily on time-sensitive deliveries. FedEx handles an average of 16 million packages and 20.5 million lbs of freight per day across more than 600 operating facilities. With economic conditions remaining uncertain a
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FDX
News
- The Best Dividend Plays For Fed Rate Cuts [Forbes]Forbes
- Are FedEx Corporation (NYSE:FDX) Investors Paying Above The Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Same-Day Delivery Market in the U.S. to grow by USD 28.01 Billion (2024-2028) driven by B2C e-commerce growth and AI market trends--Technavio [Yahoo! Finance]Yahoo! Finance
- 20 Luxury Corporate Gifts for Clients [Yahoo! Finance]Yahoo! Finance
- Jim Cramer on FedEx Corp (NYSE:FDX): Facing Headwinds but Bottomline “Amazing” [Yahoo! Finance]Yahoo! Finance
FDX
Earnings
- 9/19/24 - Miss
FDX
Sec Filings
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- 9/24/24 - Form 4
- FDX's page on the SEC website