FedEx stock has delivered a 64.8% return over the past year, while both an intrinsic value estimate using a Discounted Cash Flow (DCF) approach and earnings multiples currently suggest the shares trade at a discount to what the underlying cash flows imply. Over the last 1 year, FedEx has returned 64.8%. This puts fresh attention on whether the current price still leaves room for further value to be realised. Recent positive sentiment around analyst upgrades and the approval of a new pilot...