FedEx (FDX) has unveiled ambitious financial targets for 2029, aiming for $98 billion in revenue and $8 billion in operating income, driven by a focus on high-margin sectors and digital enhancements. The company plans to achieve an 8% operating margin and an 11% return on invested capital, with strategic initiatives expected to boost operating income by $3 billion. Despite strong financial health indicators, investors are advised to be mindful of its current valuation, which, based on P/E, P/S, and P/B ratios, suggests the stock might be overvalued.
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FedEx (FDX) Reveals Ambitious Financial Targets for 2029 at Inve
FedEx (FDX) has unveiled ambitious financial targets for 2029, aiming for $98 billion in revenue and $8 billion in operating income, driven by a focus on high-margin sectors and digital enhancements. The company plans to achieve an 8% operating margin and an 11% return on invested capital, with strategic initiatives expected to boost operating income by $3 billion. Despite strong financial health indicators, investors are advised to be mindful of its current valuation, which, based on P/E, P/S, and P/B ratios, suggests the stock might be overvalued.