FedEx Corporation (FDX)
NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
At close: 04:00PM EDT
After hours:
| Previous Close | 252.43 |
| Open | 253.38 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 1100 |
| Day's Range | 248.13 - 254.30 |
| 52 Week Range | 223.24 - 291.27 |
| Volume | |
| Avg. Volume | 1,676,746 |
| Market Cap | 61.176B |
| Beta (5Y Monthly) | 1.17 |
| PE Ratio (TTM) | 14.35 |
| EPS (TTM) | 17.33 |
| Earnings Date | Jun 25, 2024 |
| Forward Dividend & Yield | 5.52 (2.22%) |
| Ex-Dividend Date | Jun 24, 2024 |
| 1y Target Est | 309.37 |
Barrons.comFedEx Layoffs in Europe Take Right-Sizing Efforts to Next Stage
FedEx's latest round of layoffs moves initiatives under Network 2.0 to the next stages, says Jonathan Chappell, senior managing director at Evercore ISI. FedEx is reducing its headcount in Europe by as many as 2,000 people as it continues its cost-cutting efforts. First unveiled in 2022, Network 2.0 is a multi-year effort aimed at improving how FedEx picks up, transports and delivers packages.
PA Media: MoneyFedEx axing up to 2,000 jobs across Europe to cut costs
The job cuts will impact back-office and commercial teams.
Zacks3 Air-Freight & Cargo Stocks to Watch in a Promising Industry
Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. UPS, FDX and GXO are well-poised to capitalize on the bullishness.
© 2024 Yahoo. All rights reserved.