Ferguson plc (NYSE:FERG - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $225.99 and last traded at $225.48, with a volume of 89009 shares changing hands. The stock had previously closed at $222.73.
Analysts Set New Price Targets
A number of equities analysts have weighed in on the stock. The Goldman Sachs Group raised shares of Ferguson to a "strong-buy" rating in a research note on Wednesday, June 18th. Berenberg Bank cut Ferguson from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 5th. Finally, Wall Street Zen raised Ferguson from a "hold" rating to a "buy" rating in a research note on Saturday, June 7th.
Read Our Latest Report on Ferguson
Ferguson Stock Performance
The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.88 and a current ratio of 1.64. The company has a market cap of $44.31 billion, a price-to-earnings ratio of 28.02, a PEG ratio of 2.60 and a beta of 1.17.
Ferguson (NYSE:FERG - Get Free Report) last announced its quarterly earnings results on Tuesday, June 3rd. The company reported $2.50 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.49. Ferguson had a net margin of 5.32% and a return on equity of 34.02%. The company had revenue of $7.62 billion during the quarter, compared to the consensus estimate of $7.41 billion.
Ferguson Company Profile
(
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Ferguson Enterprises Inc distributes plumbing and heating products in North America. The company provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, as well as heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers.
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