Is FedEx A Buy At $125?

Is FedEx A Buy At $125?

FedEx (NYSE: FDX) stock has lost 15% of it value far in 2020 (through April 27), and it could slide more in the near term, given the trends in the broader economy, with the high unemployment rate, and uncertainties around the timeline of the current crisis.. FedEx Express segment, which includes the TNT express business, saw its operating margin decline from 7% in fiscal 2017 to 5.7% in fiscal 2019.. The company's contract with Amazon for domestic U.S. delivery ended in August 2019, and it was not renewed.. FedEx reported 3% growth in Q3 fiscal 2020 revenues, primarily driven by FedEx Ground segment.. Between January 31st and April 27th, FedEx stock has lost 12% of its value, a decline largely in line with the broader S&P 500.. FedEx stock could potentially see more downside from these levels.. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price.. Trefis is currently used by hundreds of thousands of investors, company employees, and business professionals..