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NASDAQ:FERG

Ferguson (FERG) Stock Price, News & Analysis

$218.49
+5.34 (+2.51%)
(As of 07/26/2024 ET)
Today's Range
$215.25
$220.89
50-Day Range
$188.01
$218.49
52-Week Range
$147.62
$224.86
Volume
1.07 million shs
Average Volume
1.14 million shs
Market Capitalization
$44.12 billion
P/E Ratio
23.88
Dividend Yield
1.45%
Price Target
$230.00

Ferguson MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
5.3% Upside
$230.00 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.45mentions of Ferguson in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.25%
From $9.66 to $10.65 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.99 out of 5 stars

Industrial Products Sector

163rd out of 172 stocks

Hardware, & Plumbing & Heating Equipment & Supplies Industry

2nd out of 2 stocks

FERG stock logo

About Ferguson Stock (NASDAQ:FERG)

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name. In addition, it supplies pipes, valves, fittings, plumbing supplies, water and wastewater treatment products, and refrigeration products under Wolseley brand name. Further, the company provides after-sales support comprising warranty, credit, project-based billing, returns, maintenance, repair, and operations support. It sells its products through wholesale distributors, supply houses, retail enterprises, and online. Ferguson plc was founded in 1953 and is headquartered in Wokingham, the United Kingdom.

FERG Stock Price History

FERG Stock News Headlines

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See More Headlines
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Company Calendar

Ex-Dividend for 5/7 Dividend
3/14/2024
Dividend Payable
5/07/2024
Last Earnings
6/04/2024
Ex-Dividend for 7/31 Dividend
6/14/2024
Today
7/26/2024
Dividend Payable
7/31/2024
Fiscal Year End
7/31/2024
Next Earnings (Estimated)
9/24/2024

Industry, Sector and Symbol

Industry
Hardware, & plumbing & heating equipment & supplies
Sub-Industry
Wholesale
Current Symbol
NASDAQ:FERG
Employees
35,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$230.00
High Stock Price Target
$250.00
Low Stock Price Target
$211.00
Potential Upside/Downside
+5.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
8.25%

Debt

Sales & Book Value

Annual Sales
$29.73 billion
Cash Flow
$11.36 per share
Book Value
$20.73 per share

Miscellaneous

Free Float
201,637,000
Market Cap
$44.13 billion
Optionable
Not Optionable
Beta
1.22
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Key Executives

  • Mr. Kevin Murphy (Age 53)
    Group CEO & Executive Director
    Comp: $2.92M
  • Mr. William Brundage (Age 47)
    Group CFO & Executive Director
    Comp: $1.49M
  • Mr. Ian Thomas Graham (Age 56)
    Chief Legal Officer
    Comp: $1.31M
  • Mr. William T. Thees Jr. (Age 56)
    Senior Vice President of Business & Sales
    Comp: $1.31M
  • Ms. Samantha J. Long (Age 56)
    Chief Human Resources Officer
    Comp: $1.32M
  • Richard Winckler
    Chief Accounting Officer
  • Mr. Andy Paisley (Age 55)
    Chief Digital & Information Officer
  • Mr. Brian C. Lantz (Age 61)
    Vice President IR & Communications
  • Mr. Michael Ward
    Head of Corporate Communications
  • Ms. Victoria Morrissey (Age 58)
    Chief Marketing Officer

Should I Buy Ferguson Stock? FERG Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ferguson plc:

  • Ferguson plc has shown consistent growth in its stock price, currently trading at $208.81, with a 1-year high of $224.86, indicating potential for capital appreciation.
  • Recent acquisitions and stake purchases by institutional investors like Robeco Schweiz AG and Norges Bank demonstrate confidence in the company's future prospects, signaling a positive outlook.
  • Analyst ratings averaging a "Moderate Buy" with a consensus target price of $221.50 suggest favorable sentiment and potential upside for investors.
  • Strong financial performance indicated by a market capitalization of $42.17 billion and a PE ratio of 22.86, reflecting stability and growth potential.
  • Ferguson plc's current ratio of 1.68 and quick ratio of 0.94 show healthy liquidity levels, reducing short-term financial risk for investors.

Cons

Investors should be bearish about investing in Ferguson plc for these reasons:

  • Despite positive analyst ratings, the stock has faced target price reductions by firms like Barclays and Royal Bank of Canada, indicating potential challenges or uncertainties ahead.
  • The company's debt-to-equity ratio of 0.64 may raise concerns about its leverage levels and ability to manage debt effectively, posing a risk to investors.
  • A beta of 1.23 suggests Ferguson plc's stock is more volatile than the market average, potentially leading to higher fluctuations in share price and increased risk for investors.
  • The P/E/G ratio of 8.35 indicates a relatively high valuation compared to expected growth, potentially signaling overvaluation and limited room for further price appreciation.
  • Recent reduction in holdings by Third Point LLC, a notable institutional investor, could indicate a lack of confidence in the company's future performance, raising caution among potential investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Ferguson pros and cons to contact@marketbeat.com.

FERG Stock Analysis - Frequently Asked Questions

How have FERG shares performed this year?

Ferguson's stock was trading at $193.07 at the beginning of the year. Since then, FERG stock has increased by 13.2% and is now trading at $218.49.
View the best growth stocks for 2024 here
.

How were Ferguson's earnings last quarter?

Ferguson plc (NASDAQ:FERG) announced its quarterly earnings results on Tuesday, June, 4th. The company reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.05. Ferguson's revenue for the quarter was up 2.4% on a year-over-year basis.

Who are Ferguson's major shareholders?

Top institutional investors of Ferguson include Bank of New York Mellon Corp (3.11%), Liontrust Investment Partners LLP (0.31%), Wesleyan Assurance Society (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.21%). Insiders that own company stock include Kevin Michael Murphy, William T Thees Jr, Garland Williams, Richard Winckler and Michael Jacobs.
View institutional ownership trends
.

How do I buy shares of Ferguson?

Shares of FERG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FERG) was last updated on 7/26/2024 by MarketBeat.com Staff

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