Is Wall Street Bullish or Bearish on FedEx Freight Stock?

With a market cap of $19.6 billion, FedEx Freight Holding Company, Inc. (FDXF) is North America’s largest less-than-truckload (LTL) carrier, offering Priority, Economy and Direct services that help customers balance speed, cost and reliability. With a broad network supported by nearly 30,000 vehicles, 40,000 team members and more than 365 locations, the company uses operational efficiency and data-driven technology to deliver freight across North America.

Shares of the Memphis, Tennessee-based company have underperformed the broader market over the past month. FDXF stock has fallen 12.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 4%.