1. As of noon trading, FedEx Corporation ( FDX) is down $0.82 (-0.9%) to $90.69 on light volume Thus far, 386,934 shares of FedEx Corporation exchanged hands as compared to its average daily volume of 2.4 million shares. The stock has ranged in price between $90.69-$91.74 after having opened the day at $91.41 as compared to the previous trading day's close of $91.51. FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. FedEx Corporation has a market cap of $29.3 billion and is part of the services sector. The company has a P/E ratio of 14.6, below the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate FedEx Corporation a buy, no analysts rate it a sell, and 6 rate it a hold. TheStreet Ratings rates FedEx Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full FedEx Corporation Ratings Report now. If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the transportation industry could consider iShares Dow Jones Transportation ( IYT) while those bearish on the transportation industry could consider ProShares UltraShort Industrials ( SIJ). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
A potential settlement between the railroad and activist investor Paul Hilal could emerge shortly that would bring in Hunter Harrison, who is well-regarded for his turnaround of Canadian Pacific Railway.