NYSE:FDXLogistics
FedEx (FDX) Valuation Check After Strong Multi Month Share Price Gains
Recent share performance and business scale
FedEx (FDX) shares have moved quietly higher in recent weeks, with the stock showing a 0.2% one day pullback but gains of 0.9% over the past week and about 20% over the past month.
Looking further back, FedEx has delivered an estimated 43.1% return over the past 3 months, about 32% year to date, and roughly 53.1% over the past year, setting the context for its current valuation.
The company reports annual revenue of about US$90.1b and net income of...