GET DAILY SIGNALSFedEx (FDX, $172.91) will cut $1 billion more in costs, after profit fall
FedEx posted its fiscal second quarter adjusted earnings of $3.18 per share, topping the Street expectations of $2.82. But the decrease in quarterly net income to $788 million (down from $1.04 billion a year earlier) has apparently propelled the transportation services company to cut $1 billion more in costs – vs. its forecast in September, in order to achieve the total fiscal 2023 savings to $3.7 billion compared with its prior plan for the year.
Revenue for the three months ending November was $22.8 billion vs. $23.74 billion expected.
The company’s Express unit ‘s operating income was down -64% year-over-year, while FedEx Ground operating income climbed +24%. FedEx freight operating income rose +32% year over year.
For the full-year, FedEx has projected earnings per share of between $13 and $14, vs. analysts' expectations of $14.08 per share.
FDX in upward trend: 10-day moving average crossed above 50-day moving average on November 02, 2026
The 10-day moving average for FDX crossed bullishly above the 50-day moving average on November 02, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 12 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 80%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on October 08, 2026. You may want to consider a long position or call options on FDX as a result. In 58 of 83 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 70%.
The Moving Average Convergence Divergence (MACD) for FDX just turned positive on October 06, 2026. Looking at past instances where FDX's MACD turned positive, the stock continued to rise in 34 of 48 cases over the following month. The odds of a continued upward trend are 71%.
FDX moved above its 50-day moving average on October 27, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +3.39% 3-day Advance, the price is estimated to grow further. Considering data from situations where FDX advanced for three days, in 225 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 69%.
The Aroon Indicator entered an Uptrend today. In 167 of 263 cases where FDX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 63%.
Bearish Trend Analysis
The 10-day RSI Indicator for FDX moved out of overbought territory on November 05, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 39 similar instances where the indicator moved out of overbought territory. In 20 of the 39 cases, the stock moved lower in the following days. This puts the odds of a move lower at 51%.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 10 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for FDX moved below the 200-day moving average on November 03, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
FDX broke above its upper Bollinger Band on November 04, 2026. 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.
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is 16 (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 Profit vs. Risk Rating rating for this company is 20 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 30 (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 SMR rating for this company is 57 (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 Valuation Rating of 60 (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 (2.369) is normal, around the industry mean (2.478). P/E Ratio (16.932) is within average values for comparable stocks, (7.580). Projected Growth (PEG Ratio) (1.224) is also within normal values, averaging (5.110). Dividend Yield (0.015) settles around the average of (0.019) among similar stocks. P/S Ratio (0.761) is also within normal values, averaging (2.034).
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General Information
provider of a broad portfolio of transportation, e-commerce and business services under the FedEx brand
Industry OtherTransportation
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