Ferguson (FERG) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FERG shares.
View FERG analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 1-year price objectives for Ferguson's stock. Their FERG share price forecasts range from $155.00 to $14,500.00. On average, they expect the company's stock price to reach $6,063.10 in the next twelve months. This suggests a possible upside of 4,060.2% 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 at the beginning of the year. Since then, FERG shares have increased by 14.8% and is now trading at $145.74.
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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) released its quarterly earnings data on Tuesday, June, 6th. The company reported $2.20 EPS for the quarter, topping 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 net margin of 6.31% and a trailing twelve-month return on equity of 42.96%. The firm's revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.50 EPS.

Ferguson declared a quarterly dividend on Wednesday, June 7th. Investors of record on Friday, June 16th will be paid a dividend of $0.75 per share on Friday, August 4th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date 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), Ecofin Global Water ESG Fund (EBLU), Invesco Water Resources ETF (PHO), Davis Select International ETF (DINT), Harbor International Compounders ETF (OSEA), Engine No. 1 Transform Supply Chain ETF (SUPP), OneAscent International Equity ETF (OAIM) and Argent Mid Cap ETF (AMID).

Ferguson (NASDAQ:FERG) pays an annual dividend of $3.00 per share and currently has a dividend yield of 2.04%. 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 32.40% 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.59%), FMR LLC (0.00%), Pictet Asset Management SA (0.00%), JPMorgan Chase & Co. (0.00%), Southpoint Capital Advisors LP (0.93%) and State Street Corp (0.87%).

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 $145.74.

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.