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MarketScreener Homepage  >  Equities  >  Nyse  >  FedEx Corporation    FDX

FEDEX CORPORATION

(FDX)
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FedEx : Expedites Shipping of PPE in Partnership With U.S.

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04/08/2020 | 11:15am EDT

By Dave Sebastian

 

FedEx Corp. said it has delivered its first shipments of personal protective equipment and other supplies for Covid-19 relief efforts in partnership with the federal government.

The company on Wednesday said it was using its FedEx Express aircraft for the supplies' transport. The shipments will become part of the U.S. national stockpile once they enter the country, with the Federal Emergency Management Agency distributing them to health-care facilities and workers, FedEx said.

With DuPont de Nemours Inc., FedEx said it shipped more than 450,000 Tyvek protective suits to Texas from Vietnam. The company said it will ship more than 500,000 suits each week in the coming weeks.

FedEx said it will operate flights this week carrying equipment for Medline Industries Inc. to Illinois from China, bringing seven million face masks, additional PPE and anesthesia supplies.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

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Financials (USD)
Sales 2020 68 742 M
EBIT 2020 3 018 M
Net income 2020 2 184 M
Debt 2020 17 068 M
Yield 2020 2,11%
P/E ratio 2020 15,3x
P/E ratio 2021 13,5x
EV / Sales2020 0,72x
EV / Sales2021 0,72x
Capitalization 32 607 M
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Technical analysis trends FEDEX CORPORATION
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TrendsNeutralNeutralBearish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 131,68 $
Last Close Price 124,81 $
Spread / Highest target 26,6%
Spread / Average Target 5,50%
Spread / Lowest Target -19,9%
EPS Revisions
Managers
NameTitle
Frederick Wallace Smith Chairman & Chief Executive Officer
Rajesh Subramaniam President, Chief Operating Officer & Director
Alan B. Graf Chief Financial Officer & Executive Vice President
Robert B. Carter Chief Information Officer
John A. Edwardson Independent Director
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