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NASDAQ:FERG

Ferguson (FERG) Stock Price, News & Analysis

$196.52
-11.66 (-5.60%)
(As of 09/20/2024 08:54 PM ET)

About Ferguson Stock (NASDAQ:FERG)

Key Stats

Today's Range
$196.52
$205.00
50-Day Range
$185.87
$222.52
52-Week Range
$147.62
$225.63
Volume
7.31 million shs
Average Volume
1.22 million shs
Market Capitalization
$39.69 billion
P/E Ratio
21.48
Dividend Yield
1.61%
Price Target
$231.57
Consensus Rating
Moderate Buy

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.

Ferguson Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 69th Percentile

Ferguson scored higher than 69% of companies evaluated by MarketBeat, and ranked 97th out of 170 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ferguson has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating.

  • 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.

  • Read more about Ferguson's stock forecast and price target.
  • Earnings Growth

    Earnings for Ferguson are expected to grow by 6.75% in the coming year, from $9.63 to $10.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ferguson is 21.48, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.38.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ferguson is 21.48, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 17.63.

  • Price to Earnings Growth Ratio

    Ferguson has a PEG Ratio of 6.13. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about Ferguson's valuation and earnings.
  • Short Interest

    There is no current short interest data available for FERG.
  • Dividend Yield

    Ferguson pays a meaningful dividend of 1.60%, 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 34.54%. 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 30.74% next year. This indicates that Ferguson will be able to sustain or increase its dividend.

  • Read more about Ferguson's dividend.
  • Short Interest

    There is no current short interest data available for FERG.
  • News Sentiment

    Ferguson has a news sentiment score of 0.35. 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 0.58 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 60 news articles for Ferguson this week, compared to 26 articles on an average week.
  • Search Interest

    10 people have searched for FERG on MarketBeat in the last 30 days. This is an increase of 233% 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 -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ferguson insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.15% 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.

  • Read more about Ferguson's insider trading history.

FERG Stock News Headlines

Sir Alex Ferguson: I'm 82, I worry about dementia
Forget Trump and Kamala
I hope you're deleting all those emails telling you how to make "1,000% gains" from the magic "Kamala Trade". It's nonsense. No one knows what's going to happen in November.
See More Headlines

FERG Stock Analysis - Frequently Asked Questions

Ferguson's stock was trading at $193.07 at the start of the year. Since then, FERG shares have increased by 1.8% and is now trading at $196.52.
View the best growth stocks for 2024 here
.

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

Ferguson's Board of Directors initiated a stock buyback program on Tuesday, June 4th 2024, which permits the company to buy back $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could purchase up to 2.6% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Top institutional investors of Ferguson include Bank of New York Mellon Corp (3.11%), APG Asset Management N.V. (2.58%), Legal & General Group Plc (0.99%) and Dimensional Fund Advisors LP (0.77%). Insiders that own company stock include Kevin Michael Murphy, William T Thees Jr, Garland Williams, Richard Winckler and Michael Jacobs.
View institutional ownership trends
.

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.

Company Calendar

Ex-Dividend for 7/31 Dividend
6/14/2024
Dividend Payable
7/31/2024
Last Earnings
9/17/2024
Today
9/22/2024
Ex-Dividend for 11/8 Dividend
9/27/2024
Dividend Payable
11/08/2024
Next Earnings (Estimated)
12/03/2024
Fiscal Year End
7/31/2025

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
$231.57
High Stock Price Target
$250.00
Low Stock Price Target
$219.00
Potential Upside/Downside
+17.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
9 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
8.25%

Debt

Sales & Book Value

Annual Sales
$29.64 billion
Cash Flow
$10.79 per share

Miscellaneous

Free Float
201,637,000
Market Cap
$39.69 billion
Optionable
Not Optionable
Beta
1.21

Should I Buy Ferguson Stock? FERG Pros and Cons Explained

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 Thursday, September 19, 2024. Please send any questions or comments about these Ferguson pros and cons to contact@marketbeat.com.

Ferguson
Bull Case

green Wall Street bull icon

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

  • Ferguson plc has consistently shown strong financial performance with a PE ratio of 22.46, indicating potential for solid returns relative to the stock's price.
  • The company has a debt-to-equity ratio of 0.64, suggesting a balanced approach to financing its operations which can lead to stability and growth.
  • Recent quarterly earnings results have exceeded analyst expectations, with Ferguson reporting $2.98 earnings per share for the quarter, beating estimates by $0.12.
  • Ferguson plc has a dividend payout ratio of 34.54%, indicating a commitment to rewarding shareholders with regular dividend payments.
  • The company's share buyback plan to repurchase $1.00 billion in outstanding shares signals confidence in the company's value and potential for future growth.

Ferguson
Bear Case

red Wall Street bear icon

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

  • The stock's price-to-earnings-growth ratio of 6.13 may indicate that the stock is currently overvalued relative to its growth prospects, potentially limiting future gains.
  • While the company has a strong market cap of $41.50 billion, the recent trading volume of 2,093,853 shares compared to the average volume of 1,180,238 may suggest lower investor interest or liquidity concerns.
  • Although Ferguson plc has a solid return on equity of 36.89%, the beta of 1.21 indicates higher volatility compared to the market average, which could lead to increased risk for investors.
  • The company's revenue of $7.95 billion during the last quarter fell slightly short of analyst estimates, potentially signaling challenges in meeting revenue expectations.
  • With a 1-year high of $225.63 and a 1-year low of $147.62, the stock's price volatility may pose risks for investors seeking stable returns.

This page (NASDAQ:FERG) was last updated on 9/23/2024 by MarketBeat.com Staff
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