In the latest session, FedEx (FDX) saw a 1.25% increase to $241.15, outpacing the S&P 500, Dow, and Nasdaq. Over the past month, FDX gained 0.74%, ahead of the Transportation sector but behind the S&P 500. Analysts predict an EPS of $3.99 and revenue of $22.89 billion for the upcoming earnings report.

FedEx is expected to post earnings of $17.93 per share and revenue of $91.81 billion for the fiscal year. Recent analyst estimates reflect positivity towards FedEx’s operations. With a Zacks Rank of #4 (Sell), FedEx is currently trading at a discount with a Forward P/E of 13.28 and a PEG ratio of 1.33.

A company specializing in semiconductors is positioned for growth in Artificial Intelligence, Machine Learning, and Internet of Things markets. With global semiconductor manufacturing projected to double by 2028, this stock is set to benefit. Investors can track stock data and top industry picks on Zacks.com for informed decisions.

Read more at Nasdaq: FedEx (FDX) Outperforms Broader Market: What You Need to Know