Added to YB: 2024-07-08
Pitch date: 2024-07-06
FDX [bullish]
FedEx Corporation
+43.22%
current return
Author Info
Rijnberk InvestInsights shares market-leading companies and top investment ideas through concise, high-conviction analysis. Sign up for the newsletter.
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
$227.66
Price Target
387.00 (+18%)
Dividend
2.34%
EV/EBITDA
5.33
P/E
14.47
EV/Sales
1.02
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)