Air Freight/Couriers Industry Stocks($FDX, $EXPD, $CHRW...): A 3.32% Average Gain in the Last Month
The Air Freight/Couriers industry has been a cornerstone in the realm of air transportation and recurring delivery services. With the rise of e-commerce and online retail, there's been a surge in demand for services like same-day deliveries, scheduled delivery, and logistical services. This growth in demand has not only opened up new opportunities but has also intensified competition. Leading the charge in this industry are stalwarts like United Parcel Service, Inc., FedEx Corporation, and Expeditors International of Washington, Inc.
Tickers in Industry - $FDX, $EXPD, $CHRW, $UPS, $JBHT, $LSTR, $HUBG, $FWRD, $RLGT, $CYRX ,$ZTO, $GXO, $AIRTP, $SFWL
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Key Players Diving deeper into the industry, some of the standout companies include:
- United Parcel Service (NYSE:UPS)
- FedEx Corp (NYSE:FDX)
- C.H. Robinson Worldwide (NASDAQ:CHRW)
Market Capitalization A glance at the market capitalization reveals an average of 22.1B across the industry. UPS stands tall with the highest valuation at 137.5B, while at the other end of the spectrum, AIRTP is valued at 0.
Price Movement Highlights Price growth is an essential metric for investors. Here's a snapshot of the recent trends:
- Weekly Average Growth: 1.41%
- Monthly Average Growth: 5.59%
- Quarterly Average Growth: -1.7%
Specific instances worth noting:
- SFWL led the pack with a remarkable price growth of 41.25%.
- ZTO, on the other hand, saw the most significant drop at -5.65%.
Noteworthy Price Movements:
- J.B. Hunt Transport Services (JBHT, $192.7) faced a decline of -5.27% in a week.
- Expeditors International of Washington (EXPD, $117.37) also recorded a weekly drop of -5.67%.
- ZTO Express (Cayman) (ZTO, $26.7) emerged as a weekly gainer, registering a +6.8% jump.
Volume Insights Trading volume can provide a window into stock activity and interest:
- Weekly Average Volume Growth: 20.62%
- Monthly Average Volume Growth: A staggering 1101.44%
- Quarterly Average Volume Growth: 18.68%
Volume Highlights:
- Radiant Logistics witnessed a record-breaking daily growth of 201% of the 65-Day Volume Moving Average.
- Forward Air stock saw impressive consecutive days of volume growth, with a peak growth of 492% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings For investors who lean on fundamental analysis, the average ratings for the key companies are as follows:
- United Parcel Service (NYSE:UPS)
- FedEx Corp (NYSE:FDX)
- C.H. Robinson Worldwide (NASDAQ:CHRW)
(Note: Specific ratings are not provided in the given data.)
The Air Freight/Couriers industry stocks have showcased a promising average gain of 3.32% over the past month. With the industry playing a pivotal role in the e-commerce boom, it remains an area of interest for investors and market enthusiasts.
FDX : As of September 08, 2023, FedEx (FDX) has recorded a -1.13% decline, marking its third consecutive day of losses. Historically, such a three-day downward trajectory for FDX often signals a bearish trend. Analyzing past patterns, in 208 out of 305 instances where FDX faced a three-day dip, the stock experienced further declines in the subsequent month. This suggests a 68% likelihood of the downtrend persisting. Investors are advised to monitor FDX closely in the coming weeks.
EXPD : On August 29, 2023, the Aroon Indicator for EXPD showcased a bearish trend. Tickeron's A.I.dvisor detected a scenario where the AroonDown red line surpassed 70, while the AroonUp green line remained below 30 for three consecutive days. Such a pattern often suggests a significant downward shift for the stock. Given this, traders might contemplate offloading the stock or exploring put options. Historical analysis of 138 similar Aroon patterns revealed that in 76 instances, the stock declined further, translating to a 55% probability of a continued downtrend for EXPD.
JBHT : On August 29, 2023, JBHT's 10-day Moving Average dipped below its 50-day counterpart, signaling a potential bearish turn. Such a crossover often suggests a downward momentum, prompting investors to reconsider their positions. Historical data reveals that in 10 out of 14 previous occurrences of this pattern, the stock trended lower in the subsequent month. This translates to a 71% likelihood of JBHT continuing its downward trajectory. Investors should tread cautiously.
FDX in downward trend: 10-day moving average broke below 50-day moving average on September 06, 2023
The 10-day moving average for FDX crossed bearishly below the 50-day moving average on September 06, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FDX broke above its upper Bollinger Band on September 25, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for FDX entered a downward trend on September 20, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on September 21, 2023. You may want to consider a long position or call options on FDX as a result. In of 87 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FDX just turned positive on September 21, 2023. Looking at past instances where FDX's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
FDX moved above its 50-day moving average on September 21, 2023 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDX advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. FDX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.525) is normal, around the industry mean (17.427). P/E Ratio (16.260) is within average values for comparable stocks, (23.404). Projected Growth (PEG Ratio) (1.116) is also within normal values, averaging (10.363). Dividend Yield (0.018) settles around the average of (0.043) among similar stocks. P/S Ratio (0.764) is also within normal values, averaging (1.167).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FDX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
provider of a broad portfolio of transportation, e-commerce and business services under the FedEx brand
Industry AirFreightCouriers
FDX and
Correlation & Price change
A.I.dvisor indicates that over the last year, FDX has been loosely correlated with UPS. These tickers have moved in lockstep 64% of the time. This A.I.-generated data suggests there is some statistical probability that if FDX jumps, then UPS could also see price increases.
| Ticker / NAME | Correlation To FDX | 1D Price Change % | ||
|---|---|---|---|---|
| FDX | 100% | -1.89% | ||
| UPS - FDX | 64% Loosely correlated | -1.56% | ||
| XPO - FDX | 63% Loosely correlated | -2.24% | ||
| EXPD - FDX | 57% Loosely correlated | -1.61% | ||
| HUBG - FDX | 54% Loosely correlated | -1.96% | ||
| LSTR - FDX | 51% Loosely correlated | -2.04% | ||
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