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FedEx Analysts Say Investors Need To Wait And See What's Next After Guidance Withdrawal
Wednesday, March 18, 2020 - 4:08pm | 875Global delivery giant FedEx Corporation (NYSE: FDX) reported third-quarter results Tuesday and withdrew its guidance for the full year. Here's how some of the Street's top analysts reacted to the announcement. The FedEx Analysts Morgan Stanley analyst Ravi Shanker maintained an...
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Baird: Three Catalysts That Could Help Forward Air Deliver
Thursday, January 18, 2018 - 12:59pm | 371Freight and logistics company Forward Air Corporation (NASDAQ: FWRD) has secured the top-notch rating from Baird, with the research firm suggesting that it would be a buyer at current levels. The Analyst Baird analyst Benjamin Hartford upgraded shares of Forward Air from Neutral to Outperform...
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Hub Group Could Benefit From Pricing Growth In Trucking Sector, Analyst Says
Tuesday, December 19, 2017 - 4:45pm | 367Transportation management company Hub Group Inc (NASDAQ: HUBG) was upgraded by Baird, with the research firm highlighting the company's valuation and fundamentals. The Analyst Baird analyst Benjamin Hartford upgraded shares of Hub Group from Neutral to Outperform and upped the price...
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Will Its Recent Cyberattack Torpedo FedEx Q1 Results?
Tuesday, September 12, 2017 - 11:56am | 345FedEx Corporation (NYSE: FDX) was a victim of a cyberattack in late June, something investors should keep in mind heading into the company's fiscal first-quarter earnings report on Sept. 19, analysts at Baird Equity Research commented. The firm's Benjamin J. Hartford maintains an Outperform rating...
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Here's The Sell-Side Sentiment Following FedEx's Q3 Report
Thursday, March 23, 2017 - 8:38am | 910FedEx Corporation (NYSE: FDX) reported after the market close on Tuesday adjusted third-quarter earnings that sorely missed estimates, while its revenues were in line. The company blamed the earnings miss on the negative net impact of fuel, one fewer operating day at FedEx Express and FedEx...
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Industry Headwinds To Blame For JB Hunt's Q3 Miss
Tuesday, October 18, 2016 - 10:56am | 268Baird blamed the third quarter earnings miss of J B Hunt Transport Services Inc (NASDAQ: JBHT) on continued industry headwinds, resulting in rate pressure from customers and losses on the sale of used equipment. The brokerage maintained its Neutral rating and $85 target price after the company...
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FedEx Corporation Is The Top Large-Cap Pick Among Baird Analysts
Wednesday, September 21, 2016 - 12:24pm | 327Baird's bullish thesis on FedEx Corporation (NYSE: FDX) is reinforced by the transportation firm's strong first-quarter earnings, which handily beat the Street's view. The company's adjusted EPS of $2.90 was above recent $2.79 consensus and Baird's $2.62 estimate, driven by better-than-expected...