Is FedEx Stock Bottoming Out?

Floral Separator 16 September 2022 By : Quick Insurance Guru

Compared to the broader S&P500 index, which has down by 17%, FedEx stock is down by 21% this year (NYSE: FDX).

[{"selector":"#anim-f1e4cd71-a565-4400-82d7-40a4f11a840b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de6ff430-8816-466f-ad81-1205429fa29c","keyframes":{"transform":["translate3d(0px, 195.22691%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b24d4b4-608e-41c9-8c8c-975612fc798a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0005dbf1-4c44-4ebc-b4bd-b7e0e1ae61de","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e56e476-b6da-4003-a11d-4da15c056ec4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-58bc457d-774b-4855-b05f-b71150fd4ab4","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6631c05-038c-41ab-9f8d-c37f869f075c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ad52dbf8-ae4e-4dd9-913f-a4da56e914b1","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ed53655-8b35-4315-9fe9-67d47d271c47 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(8.718922401441736%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Floral Separator Credit : Unsplash

FedEx FDX -0.1% and other logistics companies have experienced a difficult year as a result of a reduction in delivery volumes.

[{"selector":"#anim-93d3338f-3857-4de8-b341-73c2be706ebe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2cc7dc3a-30a1-4523-af30-f6e822edf568","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e6470ca-d824-4ec3-bb73-c1cb6113e85e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-feb212fe-fcd5-42a5-9f55-2c96ba044450","keyframes":{"transform":["translate3d(0px, 195.22691%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5ad807f6-cbc0-4c3e-95b0-7a38cca100e4","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b23b78bf-83d9-498f-a05a-55117a19f32e","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c6297e15-e6af-4944-a2a5-8523d755afb1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cf77cf6f-394e-464f-96d8-a55739ae67db","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3750ce99-4158-4b58-a8ce-42ea2e719a9d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Floral Separator Credit : Unsplash

The significant e-commerce boom that was experienced during the Covid-19 pandemic's lockdown phase is slowly slowing down.

[{"selector":"#anim-b7ceb2ae-34c1-47e7-a076-5f47226469b9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-444cf721-5989-4d5d-b7d4-0a2968989a84","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f02bc34d-650e-4542-bf28-4833ef60ec0c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0c86b88-3dbc-4b4b-835b-992ccb123688","keyframes":{"transform":["translate3d(0px, 195.22691%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b344001a-3a44-4798-85c0-487124d8f861","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1de20ad-27a6-46dd-bb85-fb067d486667","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4444cc1-ffd2-4dc3-8987-8ad643e2095b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e8252588-fbc9-45a9-9bf5-cc12e9679c59","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ab7cb797-09cc-4fd6-928d-2f23f5f710a2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

In addition, the deteriorating US economy and increasing inflation make matters worse.

[{"selector":"#anim-137f38c7-a4f7-405b-ba99-4d1743400b99","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9ebad983-f65f-4f56-958f-9df46cc42625","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6008fd0c-146e-4016-bfd0-a207df666e7d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a41b0762-7e8b-4ac9-8828-605d595abb7a","keyframes":{"transform":["translate3d(0px, 241.06289%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a5277001-2321-4663-81fe-5bf606dbdea8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-666b35a4-f218-4522-a5d9-84d621c7bd18","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-914fd956-e993-4bb7-b37b-f75be328e504","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0d4d589c-c8b2-4a80-8521-2529ba49f152","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b1bb9b18-296c-4284-a965-fedd30d1dd85 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.81616854131687%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

Yesterday, the company reported preliminary Q1 fiscal 2023 results (fiscal year ends in May), with revenue of $23.2 billion, up 5.5% y-o-y, but

[{"selector":"#anim-e1e2ba5e-6aa0-41e0-b6b9-4757ebbbbb24","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62c9d41d-467c-49ea-bebb-d4a4a2308d80","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-49163e54-71a8-426a-b108-1b39ffb115d9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-073e612d-ffe8-4c00-87a1-fe99c1163e6c","keyframes":{"transform":["translate3d(0px, 171.47500%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6da7990f-c658-4f98-9089-8efc800993e1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0db12c0d-5c95-4cd3-96d4-c72b27bb0dbe","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0105ae46-4f22-47f8-9fd4-0e1b56c1a7ab","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8a7e040d-439b-4f6d-9d61-388553a34378","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7d555459-1090-483d-85d5-b259d66895e6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0.00328225964706118%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Floral Separator Credit : Unsplash

falling below the consensus estimate of $23.6 billion, primarily due to softening volume.

[{"selector":"#anim-d5318253-82d8-49a7-95d9-b1d909184593","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bb41fc9c-0382-4d09-b157-02cb9dfdb6dd","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81cad78a-8573-415e-b61e-153242720773","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f2abf058-010e-49d4-a1d1-5320dc1eebea","keyframes":{"transform":["translate3d(0px, 228.26515%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ae0482a-d74b-48a3-ab22-aab33972d187","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f968c3d1-64ca-4695-8349-37b46bc3f268","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c5126b92-75ff-4c4c-b0b6-6ebd98a7294e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bd43cbe-03b4-4eb7-baba-69f6f7e5e6a6","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7764c412-7c2a-4d11-80c9-7ff4ad825593 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Floral Separator Credit : Unsplash

On an adjusted basis, higher expenses caused the operating margin to decline by approximately 150 bps year over year, to 5.3%.

[{"selector":"#anim-520d85a5-e18c-4ee7-a207-5cde87acdf4d","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f5a96a30-1b87-4dad-8fbf-39f1b77cdb83","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f6f768e-a31e-443e-9e6a-5aab9aa33811","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c9b832fc-5191-465a-b93e-84805b9b92c1","keyframes":{"transform":["translate3d(0px, 166.21184%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5883abc6-23b3-482a-b9ce-c7399d6e4059","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-befee61a-7cce-4a1e-b499-f3ac37a69981","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e24de72-ac5c-4b66-837a-d23652720172","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a7d282c2-ace7-405b-953e-9b4e15a8a087","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc32249b-2475-4631-bc11-f2385da92dc5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-7.817772522442571%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

The company reported earnings of $3.44 per share, reflecting a 21% y-o-y decline.

[{"selector":"#anim-67536357-a122-49a5-a0da-6b5d0dc02d6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-812bb98c-1204-4ba5-b535-082690b93a1b","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7850c6c4-4aa2-4f0a-9fc6-9b5953a9799f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ec91feaf-0a50-409f-86e1-e896a31f5546","keyframes":{"transform":["translate3d(0px, 247.14981%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-63b63914-14d1-4c81-b869-4372e27d5d04","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8f6f7c76-23b0-4ec9-9dd2-d34537257bd4","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c07fab8f-cce9-4057-ad7d-d633e9186a36","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b7e7381-57e0-4f4a-9d1f-c15a4a40f85d","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f67b0566-d730-4f74-bd41-e844505a34f3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

FDX stock is trading 17% lower after hours, pointing to levels of around $170, implying a fresh 52-week low likely in today’s trading session.

[{"selector":"#anim-9fda83a9-0b4f-4f03-93b3-bfae0725b8b2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0943c23f-7e85-447d-a958-48ea8cdd22c9","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e2e8faf9-9259-4c5e-91c2-c43e05d80d9e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4378f567-1fae-41ef-ab34-d7ab882ee2d8","keyframes":{"transform":["translate3d(0px, 166.21184%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-896fe395-0ca6-4b7d-b74f-f39b3a323e06","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eff7893f-753f-4ebc-81a5-a2ada9447e91","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bcff47dd-859d-4b58-944a-fab3106ea2c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26f0474d-e146-42de-9452-0a43c31bfd24","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2bcd4d93-66da-4850-831a-1baf2e51c839 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-10.451632350806294%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

Although the FDX stock appears to be headed lower, it is important to assess how FedEx's competitors perform on important measures.

[{"selector":"#anim-853392d7-ac17-41a6-80af-9b1af3cd08a6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a3c7cd41-b052-4bbe-b53d-b49c01e47ec8","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f3ed3293-2723-47f9-bd18-63b859450644","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f230798c-f94d-4f2d-ae9f-81cd19dd78ea","keyframes":{"transform":["translate3d(0px, 166.21184%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d500afda-9317-4c1f-8397-9513d2d5448b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d5efc56d-4e13-4568-b6ac-27bccd69932e","keyframes":{"transform":["translate3d(0px, 492.27096%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0926223b-e266-4360-8393-65d203930c6a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-de0699cc-3e5f-4b5a-a661-a8fb517da103","keyframes":{"transform":["translate3d(0px, 410.10121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a4158b59-fe96-4e8f-83fe-afc3bb642566 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.812499744007886%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Floral Separator Credit : Unsplash

THANKS FOR READING!

[{"selector":"#anim-e3aa8203-f9f8-4c79-ba1d-52902bab2b56","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5eefc5ab-dd67-4984-8a60-d95b56883b17","keyframes":{"transform":["translate3d(0px, 95.39632%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa98f272-dfc8-4769-99b2-a74a6e6d0d83","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-941a6c5e-b59f-4dd8-917c-8b26ce3910a7","keyframes":{"transform":["translate3d(0px, 980.07591%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a6bd8f5d-678d-46ff-bbfc-d799decf0b95","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-942a4c68-af55-41e2-b42c-f520537af409","keyframes":{"transform":["translate3d(0px, 1057.48882%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2a78dc21-5601-42d8-b522-b2b821b83d64","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dc184282-f075-441f-98a5-acc1b4332ddc","keyframes":{"transform":["translate3d(0px, 315.51367%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-896147e8-55e7-4c37-b6b3-8a6348d20c58 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.22585307345847%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] Floral Separator Tokyo Festival