3 Reasons to Sell FedEx Corporation Stock
Given the 26% rise in FedEx Corporation (NYSE: FDX) stock in the last year, investors should reassess the value proposition of the stock. After all, as you can see below, FedEx has been trading at a higher valuation than where it was during most of the period since 2010, and it has had a cash outflow of $186 million in its fiscal year ending in May. In this article, I will focus particularly on the bear case against buying the stock and then follow up with the bull case in a future article.
FDX EV to EBITDA (TTM) data by YCharts.
Source: Fool.com
United Parcel Service Inc. Stock
€115.60
0.820%
With 19 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 157 € shows a positive potential of 35.81% compared to the current price of 115.6 € for United Parcel Service Inc..
