“Is FedEx an Excellent Dividend Stock to Buy Right Now? | FDX Stock Analysis”
Downgrade FDX to Hold; current price >$331 exceeds DCF fair value of $313 after recent rally.
FedEx reported 13% revenue growth in its most recently completed quarter, and the company successfully is reducing its operational capacity. Since 2022, there's been an 8% reduction in its fleet size, the management team anticipating headwinds to the number of units being transported.