AndreyPopov/iStock via Getty Images Investment Thesis The last time I wrote about FedEx Corp (NYSE:FDX), I argued how the company’s initiatives such as One FedEx and the presence of an activist hedge fund may not be enough to offset the pressure on the company’s volumes caused by a challenging macro environment. I had a SELL rating on the stock. Since the article was published in July 2023, the stock has gained 21.3%, marginally underperforming the S&P 500, which gained 22.7% during the same period. In this ...

Wirestock/iStock Editorial via Getty Images Investment Thesis I believe the ongoing struggles FedEx (NYSE:FDX) has faced are mainly centered around their competitive operating efficiency, as exemplified by the U.S. Postal Service's decision to expand United Parcel Service (UPS) as their primary air cargo provider in April 2024. For years, FedEx has faced challenges in sustaining their operations, especially in securing mutually beneficial terms to extend their contract with USPS. USPS was FedEx Express’s la ...

It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars. For the month of June the CE 100 Index was flat; year-to-date it’s up 2.9%, just a shade below the 3.7% bump in the Dow. The gainers were led by FedEx (“Move” pillar, 18.1% jump for the week), Mitsubishi Financial Financial Group and MongoDB. Some dynamics behind each: FedEx: The company’ ...

The read across from its rival's results is positive for UPS. A solid earnings report from FedEx (FDX 1.48%) sent its shares soaring, and that's probably why UPS (UPS 0.75%) stock rose in the first trading day after the earnings release. Such events are common in investing, and a deeper look at the earnings reports suggests some positive takeaways for UPS investors. Here are five of them for UPS investors to consider. FedEx domestic volumes are improving A key part of UPS' investment case is the idea that i ...

Warren Buffett is widely known as one of the best value investors of all time. However, there is more that goes on in his thought process than just value. In his 2023 shareholder letter, he quoted Charlie Munger’s advice to him in 1965: “Warren, forget about ever buying another company like Berkshire. But now that you control Berkshire, add to it wonderful businesses purchased at fair prices and give up buying fair businesses at wonderful prices. In other words, abandon everything you learned from your hero ...

jxfzsy I last reported on FedEx (NYSE:FDX) late last March in an iREIT article, where I rated the stock as a hold. Despite rising nearly 15% following this week’s earnings report, the shares are still down single digits since that piece debuted. The latest earnings call provides evidence that FedEx is back on a growth path following several consecutive quarters of lackluster results. Even so, I’ll admit that I find the sudden surge in the share price a bit overdone. FDX is a solid dividend stock and a membe ...

Unexpected catalysts are driving the share prices of some previously beaten down stocks sharply higher, presenting a buying opportunity for investors. Surprise earnings beats, new partnerships and takeover rumors are lifting the share prices of several well-known companies that had fallen on hard times. For investors, these catalysts present an opportunity to take a position as the stocks begin to rally off their recent bottoms, riding the share price to big gains. In the current set-up, the potential rewar ...

Sundry Photography FedEx (NYSE:FDX) reported its fiscal Q4 ’24 earnings results Tuesday night, June 25th, 2024 after the closing bell, and the stock rose $39, or 15%, yesterday, June 26th, on heavy volume as FedEx disclosed on page 2 of the earnings release that “FedEx Freight has announced plans to further optimize its operations and match capacity with demand through planned permanent closure of 7 freight facilities... (further on in the press release), “FedEx management and the Board of Directors are con ...

HAMILTON, ONTARIO - MAY 29: A FedEx truck is displayed prior to the RBC Canadian Open at Hamilton ... [+] Golf & Country Club on May 29, 2024 in Hamilton, Ontario. (Photo by Vaughn Ridley/Getty Images) Getty Images FedEx stock (NYSE: FDX) saw a 15% rise on Wednesday, June 26, after it reported Q4’24 results (fiscal ends in May) better than the street estimates. FDX stock is up 17% year-to-date, compared to -12% returns for its peer – UPS stock. FedEx’s Q4 revenue and earnings largely aligned with our expect ...

Shares of FedEx Corporation (FDX) performed very impressively on the bourse on Jun 26, ending the trading session at $296.19, up 15.5% from Jun 25’s closing price. The massive northward movement was owing to the better-than-expected earnings per share reported by the package delivery company. Apart from the earnings beat, management issued a favorable earnings forecast for fiscal 2025. This, too, pleased investors leading to the double-digit stock price appreciation. Highlights of Q4 Earnings FedEx's fourth ...