Ferguson plc (NYSE:FERG - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company 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.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on FERG. Wall Street Zen raised shares of Ferguson from a "hold" rating to a "buy" rating in a report on Saturday, June 7th. Berenberg Bank lowered shares of Ferguson from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 5th. Finally, The Goldman Sachs Group raised shares of Ferguson to a "strong-buy" rating in a report on Wednesday, June 18th.
View Our Latest Stock Report on Ferguson
Ferguson Trading Up 0.6%
The company has a current ratio of 1.64, a quick ratio of 0.88 and a debt-to-equity ratio of 0.90. The firm has a market cap of $44.19 billion, a PE ratio of 27.94, a P/E/G ratio of 2.61 and a beta of 1.17.
Ferguson (NYSE:FERG - Get Free Report) last posted its earnings results on Tuesday, June 3rd. The company reported $2.50 earnings per share for the quarter, beating analysts' consensus estimates of $2.01 by $0.49. Ferguson had a net margin of 5.32% and a return on equity of 34.02%. The firm had revenue of $7.62 billion during the quarter, compared to analyst estimates of $7.41 billion.
About Ferguson
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ferguson, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferguson wasn't on the list.
While Ferguson currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
