FedEx (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 -1.26% downward trend, sliding for three consecutive days on July 06, 2026
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FDX declined for three days, in of 279 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for FDX moved out of overbought territory on June 02, 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 38 similar instances where the indicator moved out of overbought territory. In of the 38 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on June 26, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on FDX as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for FDX turned negative on June 17, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .
FDX moved below its 50-day moving average on June 30, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for FDX crossed bearishly below the 50-day moving average on July 08, 2026. 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 .
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FDX advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 267 cases where FDX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued 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 (2.372) is normal, around the industry mean (3.291). P/E Ratio (16.966) is within average values for comparable stocks, (205.099). Projected Growth (PEG Ratio) (1.235) is also within normal values, averaging (2.314). Dividend Yield (0.018) settles around the average of (0.018) among similar stocks. P/S Ratio (0.794) is also within normal values, averaging (0.971).
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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady 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 (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 86, placing this stock slightly better than average.
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.
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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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