Ferguson (FERG) Stock Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FERG shares.
View FERG analyst ratings or view top-rated stocks.

10 analysts have issued 1 year target prices for Ferguson's shares. Their FERG share price forecasts range from $155.00 to $185.00. On average, they predict the company's stock price to reach $164.20 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts price targets for FERG or view top-rated stocks among Wall Street analysts.

Ferguson's stock was trading at $126.97 on January 1st, 2023. Since then, FERG shares have increased by 18.6% and is now trading at $150.56.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, September 26th 2023.
View our FERG earnings forecast.

Ferguson plc (NASDAQ:FERG) announced its quarterly earnings results on Tuesday, June, 6th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.16 by $0.04. The company had revenue of $7.14 billion for the quarter, compared to the consensus estimate of $7.09 billion. Ferguson had a trailing twelve-month return on equity of 42.96% and a net margin of 6.31%. The business's revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.50 earnings per share.

Ferguson declared a quarterly dividend on Wednesday, June 7th. Investors of record on Friday, June 16th will be given a dividend of $0.75 per share on Friday, August 4th. This represents a $3.00 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Thursday, June 15th.
Read our dividend analysis for FERG.

ETFs with the largest weight of Ferguson (NASDAQ:FERG) stock in their portfolio include Global X Clean Water ETF (AQWA), Invesco Water Resources ETF (PHO), Ecofin Global Water ESG Fund (EBLU), Davis Select International ETF (DINT), Harbor International Compounders ETF (OSEA), Engine No. 1 Transform Supply Chain ETF (SUPP), Nuveen ESG Mid-Cap Value ETF (NUMV) and OneAscent International Equity ETF (OAIM).

Ferguson (NASDAQ:FERG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.99%. The dividend payout ratio is 33.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FERG will have a dividend payout ratio of 31.95% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FERG.

Ferguson trades on the NASDAQ under the ticker symbol "FERG."

Ferguson's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.00%), Trian Fund Management L.P. (0.00%), State Street Corp (0.00%), Goldman Sachs Group Inc. (0.00%), Geode Capital Management LLC (0.00%) and Franklin Resources Inc. (0.00%).

Shares of FERG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FERG stock can currently be purchased for approximately $150.56.

The company employs 36,000 workers across the globe.

Ferguson's mailing address is 1020 ESKDALE ROAD WINNERSH TRIANGLE, WOKINGHAM X0, RG41 5TS. The official website for the company is www.fergusonplc.com. The company can be reached via phone at 44-11-8927-3800, via email at investor@fergusonplc.com, or via fax at 41-41-723-2231.