FedEx Slides to 250th in Trading Volume Amid Earnings Outlook and PIF Divestment

On August 15, 2025, FedEx (FDX) closed at $227.26, declining 1.65% with a trading volume of $0.41 billion, ranking 250th in the market. The stock underperformed broader indices, lagging behind the S&P 500’s 0.29% drop and the Nasdaq’s 0.4% decline.

Analysts highlighted that FedEx’s near-term trajectory hinges on its upcoming earnings report. The company is projected to post $3.71 per share in earnings, a 3.06% year-over-year increase, alongside $21.76 billion in revenue, reflecting a 0.82% growth. Full-year estimates suggest $18.49 per share and $89.4 billion in revenue, both showing modest gains. However, recent analyst revisions have remained neutral, with the Zacks Consensus EPS estimate stabilizing over the past month. FedEx currently holds a Zacks Rank of #3 (Hold), indicating a balanced outlook among professionals.

Valuation metrics position FedEx at a discount relative to peers. Its Forward P/E ratio of 12.5 trails the industry average of 13.57, while a PEG ratio of 1.2 signals mixed growth expectations compared to the sector’s 1.63 average. These figures suggest investors are cautiously pricing in future earnings potential amid a competitive landscape.

A broader market shift also impacted the stock. Saudi Arabia’s Public Investment Fund (PIF) sold its stake in FedEx during Q2, exiting 24 U.S. stocks including technology names. This divestment aligns with PIF’s strategic pivot toward sectors like gaming and electric vehicles, with Uber and Lucid Motors now dominating its portfolio. Such institutional moves often signal risk aversion in volatile sectors, potentially amplifying short-term pressure on logistics stocks.

Backtesting of a high-volume trading strategy from 2022 to 2025 yielded $2,550 in total returns but faced a -15.4% drawdown on October 27, 2022. The results underscore the strategy’s volatility, reflecting the broader market’s susceptibility to macroeconomic shocks and sector-specific risks during turbulent periods.