Professional
Added to YB: 2024-04-26
Pitch date: 2024-03-31
FDX [bullish]
FedEx Corporation
+3.45%
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
$58.4B
Pitch Price
$274.86
Price Target
N/A
Dividend
2.34%
EV/EBITDA
5.33
P/E
14.47
EV/Sales
1.02
Sector
Air Freight and Logistics
Category
value
Show full summary:
Longleaf Partners Fund Portfolio Holding: FedEx Corporation
FDX: Beat estimates & progressed on DRIVE cost cuts. Robust 6% annualized buybacks, new $5B authorization. Lowered capex guidance boosts FCF. ~Halfway through cost cuts, further upside potential not priced in by market.
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