The stock has been holding up despite higher fuel prices, but has come off its highs. Given last week's warnings on earnings, the technical indicators are starting to deteriorate. The Relative Strenght (RSI) and Moving Average Convergence / Divergence (MACD) stochastic lines are negative right now, and look like they could turn south pretty quick.
Federal Express' Fundamental Data:
- Shares Outstanding: 310.6 million
- Market Cap: $28.5 billion
- Forward Price / Earnings (avg. Est): 14.8x
- PEG Ratio (5 Year Expected): 1.4x
- Price / Book: 2.0x
Federal Express' balance sheet has some strength to it, giving the company some flexibility to meet rising fuel costs. The firm currenly holds $1.0 billion in cash and maintains only $2.0 billion in debt. Not bad for a firm of this size (over $28 billion in market cap). FDX also pays an annual dividend of $0.40 per share.