Are Wall Street Analysts Bullish on FedEx Stock?

With a market cap. of $77.7 billion, FedEx Corporation (FDX) is a global provider of transportation, e-commerce, and business services operating through its Federal Express and FedEx Freight segments across the United States and international markets. The company offers a broad portfolio that includes express and freight transportation, logistics and supply chain solutions, digital and printing services, and comprehensive business support offerings.

Shares of the Memphis, Tennessee-based company have outperformed the broader market over the past 52 weeks. FDX stock has climbed 81.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 20%. Moreover, shares of the company are up 42.8% on a YTD basis, compared to SPX’s 12.1% gain.