FedEx Corporation (NYSE:FDX)went up 0.50% during trading on the US exchange where it had a trading capacity of 1.27M shares. The company’s shares were closed at $193.12 . The stock has an operating margin of 5.80% and a net profit margin of 3.30% This appreciation has taken its price 38.02% above the 52-week low. The stock hit 1-yearhigh at $201.15 and a low of $139.92 in the same period.
FedEx Corporation (NYSE:FDX) Earnings Recap & Outlook
FedEx Corporation (NYSE:FDX) last announced results for quarter ended on 30 Nov 2016, disclosing EPS of $2.8 The reported earnings per share topped the analyst’s consensus by $-0.1 with the percentage difference between estimated and actual earnings arriving at -3.40%. Price changes resulting from an earnings surprise can be felt immediately. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The mean revenue estimate for the current fiscal period ending February 2017 is $14.99B by 14 brokerage firms. The average revenue estimate for the year ending May 2017 is $60.07B by 20 analysts.
FedEx Corporation (NYSE:FDX) Flood of Opinions
FedEx Corporation (NYSE:FDX) right now sits at consensus rating of 1.80 while 10 analysts have advocated the shares as ‘BUY’, 9 calls it an ‘OUTPERFORM’ and 6 suggest ‘HOLD’. The mean PT for this stock is at $210.73 while the max. level suggested by the brokerage firms is $240.00 and min. PT is $135.00. The mean PT is calculated considering the consensus of 22 analysts.
Discover Financial Services (NYSE:DFS) went down -0.28% during trading on the US exchange when it had traded 1.27M shares. The company’s shares were closed at 71.32. This appreciation has taken its price 52.15% above the 52-week low. The stock hit 1-yearhigh at $74.01 and a low of $46.87 in the same period.
Discover Financial Services (NYSE:DFS) Analyst’s Consensus Price Estimates
It is widely believed that the more practical proxy for the market’s expectations is analyst’s consensus price estimates. The mean PT for this stock is at $80.04 while the max. level suggested by the brokerage firms is $88.00 and min. PT is $66.00. The mean PT is calculated considering the consensus of 24 analysts. DFS right now sits at consensus rating of 1.90 while 9 analysts have advocated the shares as ‘BUY’, 13 calls it an ‘OUTPERFORM’ and 6 suggest ‘HOLD’.
Discover Financial Services (NYSE:DFS): Past & Future Earnings
The mean revenue estimate for the current fiscal period ending March 2017 is $2.35B by 17 brokerage firms. The average revenue estimate for the year ending December 2017 is $9.67B by 20 analysts. Wall Street is forward looking. Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm. In a similar way, Discover Financial Services (NYSE:DFS) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $1.4. The reported earnings per share topped the analyst’s consensus by $0.02 with the percentage difference between estimated and actual earnings arriving at 1.40%.
