|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||216.53 - 218.42|
|52-week range||182.89 - 231.35|
|PE ratio (TTM)||20.54|
|Earnings date||18 Dec. 2017 - 22 Dec. 2017|
|Forward dividend & yield||2.00 (0.92%)|
|1y target est||237.48|
Whether bikes or drones, delivery firms are looking for ways to get packages to customers quicker as electronic commerce is revolutionising the retail market. Geopost, the parcel delivery unit of France's La Poste, is testing out drones and experimenting with neighbourhood mini-depots and bicycle delivery to help beat urban traffic gridlock. Its subsidiary SEUR in Madrid is developing mini-facilities where packages are brought before being distributed to customers nearby -- an alternative to the current system where delivery vans are loaded at bigger centres, often located outside the city.
While Amazon (AMZN) has made two-day and even two-hour order fulfillment a reality, it still faces a problem with shipping, along with every other retailer: It doesn't control the "last mile" delivery to consumers, Loop Capital's Anthony Chukumba and Rick Paterson write. The issue is that Amazon has to rely on third parties when it comes to delivery and returns, and Chuckumba and Paterson write that FedEx and UPS (UPS) naturally want to take "their pound of flesh" from the process, in this case in the form of margin.
Yes, Tesla's (TSLA) semi-truck is getting all the attention today, but lest anyone forget, the future of the company depends on the mass-market Model 3. My colleague Teresa Rivas dug into the possible beneficiaries of Tesla's truck--UPS (UPS), FedEx (FDX) and J.B. Hunt (JBHT), among them--but profitability will likely depend on the automaker selling lots and lots of Model 3s. Oppenheimer' Colin Rusch and team took a test drive and came away liking the car... We completed our Model 3 test drives along with a visit to the showroom.
An industry that has benefited from Amazon.com in the past increasingly now must worry about the e-commerce giant's next moves. Here's who is (and isn't) set up to thrive.
On Tuesday, the United States Postal Service released its fourth-quarter and full-year results, and Bernstein's David Vernon and his team write that the situation appears "to be going from bad to worse," which supports their thesis on publicly traded delivery companies. Vernon writes that the USPS's results show that the cost of final mile delivery is increasing, which means that pricing for residential services should improve--a benefit the more productive networks of FedEx (FDX) and United Parcel Service (UPS). He reiterated an Outperform rating and $132 price target on UPS and a Market Perform rating and $212 price targeton FedEx. More detail from his note: The USPS reported a net controllable loss of $814M in the quarter, a deterioration of $1.4B from the result posted in 2016.
Oil prices have jumped by about one-third since the summer on signs of stronger economic growth around the world and fear of instability in the Middle East.
FedEx (FDX) and United Parcel Service (UPS) are trading higher today, in the wake of a bullish call from Goldman Sachs, which thinks there could be 50% upside in earnings for both companies in the coming years. Analyst Matt Reustle and his team write that the market is overlooking growing global trade, and the positive impact it will have on air freight and logistics companies, especially FedEx and UPS. While Reustle acknowledges that Amazon (AMZN) is a threat, and margins are a concern, he thinks investors are overly focused on these worries, and not realizing how great a factor the acceleration of international shipping will be.
Goldman initiates coverage on UPS and FedEx with buy ratings, citing strong international outlook and overblown worries about Amazon.
WASHINGTON (AP) — As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home.
The looming threat of Amazon.com Inc. siphoned billions in market cap from Under Armour Inc. to FedEx Corp. to Walgreens Boots Alliance Inc. -- more than $30 billion combined -- in October. Companies are ...
Strong shipping volumes should support better revenues, but United Parcel Service Inc. faces a host of challenges in a business environment in transition.
High costs are likely to hurt UPS' bottom line in the third quarter. The company, however, expects to benefit from growth in e-commerce.
FedEx (FDX) reported earnings about a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Gas distributors were higher, led by Sempra (SRE). Nucor (NUE) was boosting steel. Air freight was higher, thanks to FedEx (FDX). Fastenal (FAST) was weighing on wholesale distributors. Robert Half (RHI) ...
Amazon.com’s (AMZN) announcement last week that it is testing a new delivery service has spurred the latest round of chatter that FedEx (FDX) the parcel shipping giant will become yet another victim to the e-commerce giant’s ever expanding reach. Cowen analyst Helane Becker insists that those worries are overblown. In a note published today, Becker reiterated her Outperform rating and $240 price target on Fed Ex shares, arguing that the company is well positioned to overcome new threats while at the same time improving long-term value for shareholders.
How much impact could Amazon.com’s (AMZN) new delivery service have on United Parcel Services (UPS) and FedEx (FDX)? Some analysts are warning that Amazon’s new venture could put pressure on delivery rates and steal business from the transport giants.
Share of UPS and FedEx fell, but pared earlier losses, after Bloomberg reported Amazon was testing a new business-to-consumer delivery service.
Nov.09 -- FedEx Express President and CEO David Cunningham discusses President Trump's trip to Asia and talks about trade. He speaks on "Bloomberg Daybreak: Asia."