FedEx (FDX) has fallen significantly over the last year, and the trend is likely to continue for the stock as its fiscal 2020 earnings outlook fell short of analysts’ expectations. As of its June 25 closing price of $155.98, the stock has lost 33.5% of its value in the past year.
Of the 22 analysts covering C.H. Robinson Worldwide (CHRW), four (18%) have recommended “strong buy,” three (14%) have recommended “buy,” 12 (54%) have recommended “hold,” and three (14%) have recommended “sell.”
C.H. Robinson Worldwide (CHRW) went public in 1997. Soon after, the company went on an acquisition spree to further its business interests in new geographies.
FedEx (FDX) is slated to announce its fiscal 2Q18 earnings after the market closes on December 19, 2017. On December 12, FDX stock closed at $238.60, hovering near its 52-week high of $241.30.
J.B. Hunt’s Integrated Capacity Solutions segment reported a 16% YoY (year-over-year) rise in 3Q17, reaching $269.0 million, compared with $233.0 million in 3Q16.
Expeditors International of Washington (EXPD) announced its 2Q17 earnings on August 8. The logistics company’s adjusted earnings per share fell 5% to $0.63 in 2Q17 compared with $0.63 in 2Q16.
On June 20, 2017, parcel delivery and logistics giant FedEx (FDX) announced its fiscal 4Q17 results. The company reported adjusted EPS (earnings per share) of $4.25.
UPS’s Supply Chain & Freight segment UPS (UPS) operates in three segments. The Supply Chain & Freight segment contributed roughly 16% of the company’s total revenues in 2015. Of this segment’s total revenues, forwarding and logistics operations contribute 63%. The company’s warehousing operations’ revenues are included in this forwarding and logistics business. UPS’s warehousing offerings […]
United Parcel Service rewards its stockholders through regular dividends and share repurchases. The company has paid regular cash dividends since 1969.
UPS’s Supply Chain & Freight segment includes Forwarding & Logistics, Freight, and Other. In 1Q16, the segment’s revenue increased 10.4% to $2.4 billion, from $2.1 billion in 1Q15.
From a purely net asset value return standpoint, Parnassus Asia Fund Investor Shares (PAFSX) was firmly at the bottom of its peer group both for the one-year period ending March 31, 2016, and for 1Q16.
In NAV (net asset value) terms, in the one-year period ending January 2016, the Parnassus Asia Fund (PAFSX) was the worst-performing fund among our nine.
The US economy contributes about 25.2% towards global GDP. In 3Q15, the US economy grew at an annualized rate of 2.1% due to an increase in consumer spending.
Of the 28 analysts rating FedEx stock, 57.1% (16 analysts) have a “buy” rating, 42.9% (12 analysts) have a “hold” rating, and no analysts have a “sell” rating.
FedEx continues to see growth in the global economy. It expects the US GDP to grow by 2.4% in 2015 and by 2.6% in 2016, driven by increased consumer spending.
For fiscal 2Q16, FedEx’s Express segment reported revenues of $6.59 billion as compared to $7.02 billion in fiscal 2Q15, which was a 6% year-over-year decline.
The US manufacturing PMI fell to 52.8 in November, a decline of 1.3 points from October’s reading of 54.1. This is one of the weakest readings since October 2013.
UPS’s forward PE ratio stands at 17.1x compared to its current PE ratio of 22.3. Analysts are expecting UPS’s earnings to grow in the next four quarters.
UPS’s performance is related to global growth, especially US economic growth. Logistics companies are a direct reflection of the country’s economic health.
United Parcel Services (UPS) saw a solid 2Q15 performance with its bottom line growing better than expected. Its operating profits and margins expanded.
UPS is arguably the world’s largest package delivery services company. It’s a leading global provider of specialized transportation and logistics services.
The economic upturn since 2009 has improved growth prospects for the courier companies. This coupled with improving industry margins has led to improving industry valuations.
United Parcel Service has grown its revenues steadily over the past few years, from $49,545 million in 2010 to $58,232 million in 2014, with a four-year CAGR of 4.12%.
Some of UPS’s key strengths that keep it ahead of its competitors include an integrated global network, leading-edge technology, a strong brand name, a strong culture, and impressive financials.
Revenue drivers There are three main drivers of revenue growth for United Parcel Service (UPS): package volumes, product mix and pricing, and fuel surcharges. Package volumes and product mix and pricing are in turn driven by economic growth. Economic growth Increasing economic growth increases e-commerce demand, which in turn increases demand for courier services. […]
Europe accounts for about half of UPS’s International Package segment. The markets in Europe are highly fragmented, which provides higher opportunity for delivery services.
United Parcel Service is the world’s largest package delivery company and a leading global provider of specialized transportation and logistics services. It forms the largest holding of 7.6% in IYT.
United Parcel Service (UPS), originally called American Messenger Company, was founded in 1907 by 19-year-old James E. Casey with $100 borrowed from a friend.
Filers with significant holdings in air freight and logistics service providers either maintained their existing exposure or made slight adjustments to their portfolio weights.
FedEx was formed with a vision to change the way delivery services worked prior to 1971. It established a new industry and it has been leading its peers since then.
FedEx has been in the marketplace for over 40 years. It has established a huge network spread across more than 220 countries and territories worldwide.
Effective January 2015, FedEx changed its pricing policy for all of its FedEx Ground packages less than 3 cubic feet to a “dimensional weight pricing” mechanism.
FedEx has assembled a portfolio of solutions, from express and freight forwarding to critical inventory logistics, that can solve any global commerce challenge.
Currently, FedEx is the global leader in the express delivery market. It offers delivery to and from individuals and businesses. It has various business units.
The idea behind FedEx (FDX) started off as a term paper by undergraduate Frederick W. Smith in 1965 at Yale University. The company started operations in 1973.
Whatever the non-farm payrolls indicate, one thing is certain—slack in the labor market refuses to go away. The employment–population ratio and the labor force participation rate changed little in April.
Investor sentiment in the US was dampened by the weak April jobs report that was released May 6. The non-farm private payroll gained 169,000 jobs against median expectations of 200,000.
ValueAct Capital trimmed its position in Micros Systems Inc. (MCRS) from 3.18% in 4Q 2013 to 0.91% last quarter. The 7.5% stake in Micros Systems was disclosed in March 2013.
ValueAct Capital initiated a new position in Expeditors International of Washington Inc. (EXPD) that accounts for 0.65% of the fund’s first quarter portfolio.
ValueAct Capital Management (or VAC) is a San Francisco–based investment company that manages more than $14 billion on behalf of several institutional and individual investors.
