FedEx Probability Of Bankruptcy 2024 | FDX | Macroaxis (2024)

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FedEx Probability Of Bankruptcy 2024 | FDX | Macroaxis (2024)

FAQs

FedEx Probability Of Bankruptcy 2024 | FDX | Macroaxis? ›

The Probability of Bankruptcy of FedEx Corp (FDX) is 7.6% . This number represents the probability that FedEx will face financial distress in the next 24 months given its current fundamentals and market conditions.

What is the future outlook for FedEx? ›

FDX Stock 12 Month Forecast

Based on 17 Wall Street analysts offering 12 month price targets for FedEx in the last 3 months. The average price target is $322.38 with a high forecast of $359.00 and a low forecast of $215.00. The average price target represents a 13.57% change from the last price of $283.85.

Is FedEx having financial problems? ›

FedEx's odds of distress is under 8% at this time. It has tiny probability of undergoing some form of financial crisis in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions.

What is FedEx profit in 2024? ›

Earnings releases
Fiscal 2024
Operating income$5.56 billion$6.24 billion
Operating margin6.3%7.1%
Net income$4.33 billion$4.48 billion
Diluted EPS$17.21$17.80
2 more rows

What is the future growth of FedEx? ›

Future Growth

FedEx is forecast to grow earnings and revenue by 9.3% and 4.1% per annum respectively. EPS is expected to grow by 12.6% per annum. Return on equity is forecast to be 18% in 3 years.

Is FedEx laying off in 2024? ›

FedEx filed 40 WARN layoff notices from May 2001 to Jul 2024 in California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Maryland, Missouri, New Jersey, New York, Ohio, Oregon, South Carolina, Tennessee, Texas and Vermont.

What is the FedEx forecast for 2025? ›

According to analysts, FDX price target is 329.00 USD with a max estimate of 359.00 USD and a min estimate of 215.00 USD. Check if this forecast comes true in a year, meanwhile watch FedEx Corporation stock price chart and keep track of the current situation with FDX news and stock market news.

Is FedEx financially stable? ›

FedEx has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is.

Why is FedEx not doing well? ›

Key Takeaways. FedEx warned of slowing demand because of "volatile macroeconomic conditions," and shares sank. The package delivery giant missed earnings and revenue estimates on a drop in volume, lower fuel surcharges, reduced demand surcharges, and a shift toward less profitable services.

Is FedEx losing employees? ›

The Memphis, Tennessee-based company said it is cutting jobs and consolidating some teams to streamline its workforce and reduce structural costs. FedEx anticipates it will lay off 1,700 to 2,000 employees, reportedly costing the company between $250 million and $375 million through the 2026 fiscal year.

Who owns the most stock in FedEx? ›

According to the latest TipRanks data, approximately 14.74% of FedEx (FDX) stock is held by retail investors. Who owns the most shares of FedEx (FDX)? Frederick W. Smith owns the most shares of FedEx (FDX).

Is FedEx still profitable? ›

FedEx Corp. reported growing profits despite declining revenue in its first quarter of fiscal 2024 ended Aug. 31. FedEx revenue declined to $21.7 billion, down from $23.2 billion in the year-ago period. However, operating income grew over the same time period, up to $1.49 billion from $1.19 billion last year.

Why is FedEx turnover so high? ›

High Turnover rate due to too many people looking for easy money for no work. Its not uncommon for people to last less than a week because they realize very quickly they may actually have to do something.

What will happen to FedEx? ›

As of June 2024, FedEx Ground and Express will be united in a single air/ground unit to increase efficiency and save the company billions of dollars annually.

What are the FedEx changes for 2024? ›

Effective January 1, 2024, FedEx will be increasing customs clearance service fees on imports. Effective January 15, 2024, FedEx will assess the Additional Handling Surcharge and Oversize Charge per eligible package for international multi-piece shipments, instead of per shipment.

Is FedEx a good long term investment? ›

For fiscal 2025, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.29 to $20.82 per share. FDX boasts an average earnings surprise of 7.8%. With a solid Zacks Rank and top-tier Value and VGM Style Scores, FDX should be on investors' short list.

What is the FedEx strategy for 2025? ›

For fiscal 2025, FedEx expects to repurchase $2.5 billion of FedEx common stock, including $1.0 billion during the first fiscal quarter, and previously announced a 10% increase ($0.48 per share) in the annual dividend rate on its common stock to $5.52 per share.

Is FedEx a good buy right now? ›

FedEx stock has received a consensus rating of buy. The average rating score is and is based on 68 buy ratings, 29 hold ratings, and 1 sell ratings.

Will Amazon buy FedEx? ›

Amazon Won't Buy UPS or FedEx.

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