Ferguson (FERG) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $201.35 to $206.80
• 50-Day Range: $191.70 to $210.82
• 52-Week Range: $164.90 to $225.63
• Volume: 884,475 shs
• Average Volume: 1.27 million shs
• Market Capitalization: $41.44 billion
• P/E Ratio: 24.20
• Dividend Yield: 1.53%
• Price Target: $233.38
• Consensus Rating: Moderate Buy

Ferguson Stock Analysis - MarketRank™

Ferguson scored higher than 76% of companies evaluated by MarketBeat, and ranked 67th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ferguson has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ferguson has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 13.31%

Earnings Growth

Earnings for Ferguson are expected to grow by 13.31% in the coming year, from $9.77 to $11.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ferguson is 24.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.53.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ferguson is 24.20, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.92.

Price to Earnings Growth Ratio

Ferguson has a PEG Ratio of 1.96. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ferguson has a P/B Ratio of 7.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for FERG.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Ferguson pays a meaningful dividend of 1.57%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ferguson does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ferguson is 37.05%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Ferguson will have a dividend payout ratio of 28.55% next year. This indicates that Ferguson will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for FERG.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.30

News Sentiment

Ferguson has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.77 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 39 news articles for Ferguson this week, compared to 25 articles on an average week.

Search Interest

Only 1 people have searched for FERG on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Ferguson to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Ferguson insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,477,901.00 in company stock.

Percentage Held by Insiders

Only 0.16% of the stock of Ferguson is held by insiders.

Percentage Held by Institutions

81.98% of the stock of Ferguson is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

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 2024. Since then, FERG shares have increased by 6.9% and is now trading at $206.45.
View the best growth stocks for 2024 here.

How were Ferguson's earnings last quarter?

Ferguson plc (NASDAQ:FERG) issued its quarterly earnings data on Tuesday, September, 17th. The company reported $2.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.86 by $0.12. Ferguson's revenue for the quarter was up 1.4% on a year-over-year basis.

How will Ferguson's stock buyback program work?

Ferguson's board initiated a stock buyback plan on Tuesday, June 4th 2024, which authorizes the company to repurchase $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 2.6% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board believes its shares are undervalued.

Who are Ferguson's major shareholders?

Ferguson's top institutional investors include FMR LLC (4.22%), Janus Henderson Group PLC (2.43%), State Street Corp (2.26%) and Geode Capital Management LLC (1.59%). Insiders that own company stock include Kevin Michael Murphy, William T Thees Jr, Ian T Graham, Victoria Morrissey, Garland Williams, Michael Jacobs and Richard Winckler.
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.

What other stocks do shareholders of Ferguson own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ferguson investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 9/17/2024
• Ex-Dividend for 11/8 Dividend: 9/27/2024
• Dividend Payable: 11/08/2024
• Today: 11/21/2024
• Next Earnings (Confirmed): 12/10/2024
• Fiscal Year End: 7/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Industrial Products
• Industry: Hardware, & plumbing & heating equipment & supplies
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:FERG
• CUSIP: N/A
• CIK: 1832433
• Web: www.fergusonplc.com
• Phone: 44-11-8927-3800
• Fax: 41-41-723-2231
• Employees: 35,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $233.38
• High Stock Price Target: $250.00
• Low Stock Price Target: $219.00
• Potential Upside/Downside: +13.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $8.53
• Trailing P/E Ratio: 24.20
• Forward P/E Ratio: 21.13
• P/E Growth: 1.96
• Net Income: $1.74 billion
• Net Margins: 5.85%
• Pretax Margin: 8.31%
• Return on Equity: 36.53%
• Return on Assets: 12.19%

Debt

• Debt-to-Equity Ratio: 0.89
• Current Ratio: 1.80
• Quick Ratio: 1.00

Sales & Book Value

• Annual Sales: $29.64 billion
• Price / Sales: 1.40
• Cash Flow: $11.68 per share
• Price / Cash Flow: 17.67
• Book Value: $27.81 per share
• Price / Book: 7.42

Miscellaneous

• Outstanding Shares: 200,740,000
• Free Float: 200,418,000
• Market Cap: $41.44 billion
• Optionable: Not Optionable
• Beta: 1.20