Ferguson (FERG) Stock Forecast & Price Target

$202.74 +0.87 (+0.43%)

(As of 11/20/2024 ET)

Ferguson - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 9 Analyst Ratings

Sell
0

Hold
2

Buy
7

Based on 9 Wall Street analysts who have issued ratings for Ferguson in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 2 have given a hold rating, and 7 have given a buy rating for FERG.

Consensus Price Target

$233.38
15.11% Upside

According to the 9 analysts' twelve-month price targets for Ferguson, the average price target is $233.38. The highest price target for FERG is $250.00, while the lowest price target for FERG is $219.00. The average price target represents a forecasted upside of 15.11% from the current price of $202.74.

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FERG Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	6 Buy rating(s)	4 Buy rating(s)	8 Buy rating(s)
Hold	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$233.38	$232.29	$230.00	$164.20
Forecasted Upside	15.11% Upside	18.42% Upside	7.31% Upside	-1.78% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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FERG Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

FERG Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Ferguson Stock vs. The Competition

Type	Ferguson	Industrial Products Companies	S&P 500
Consensus Rating Score	2.78	2.58	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	15.62% Upside	76.54% Upside	10.05% Upside
News Sentiment Rating	Neutral News See Recent FERG News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/7/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Overweight ➝ Overweight	$225.00 ➝ $232.00	+10.88%
10/23/2024	Oppenheimer 3 of 5 stars		Initiated Coverage	Outperform	$234.00	+19.29%
10/16/2024	Robert W. Baird 2 of 5 stars		Boost Target	Outperform ➝ Outperform	$225.00 ➝ $230.00	+14.94%
9/18/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Pettinari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$203.00 ➝ $221.00	+5.90%
9/18/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$229.00 ➝ $245.00	+21.13%
9/18/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$228.00 ➝ $236.00	+15.52%
Get the Latest News and Ratings for FERG and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Ferguson and its competitors with MarketBeat's FREE daily newsletter.
9/18/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$211.00 ➝ $219.00	+5.75%
7/17/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$238.00 ➝ $250.00	+18.06%
1/8/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform
10/31/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
7/7/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Merkel Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform
6/13/2023	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy
6/8/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$150.00 ➝ $155.00	+5.71%
6/7/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$160.00 ➝ $167.00	+13.37%
3/13/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold
1/11/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		£114 ➝ £128
12/7/2022	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 9,500 ➝ GBX 9,890
12/5/2022	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 9,960 ➝ GBX 9,630
12/1/2022	Zelman & Associates Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:42 AM ET.

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 Monday, November 4, 2024. Please send any questions or comments about these Ferguson pros and cons to contact@marketbeat.com.

Ferguson
Bull Case

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

Ferguson plc has a market capitalization of $40.63 billion, indicating a strong position in the market. Market capitalization is a key indicator of a company's size and value.
Ferguson plc reported a quarterly EPS of $2.98, surpassing the consensus estimate by $0.12. This positive earnings surprise reflects the company's strong financial performance.
Analysts have given Ferguson plc a consensus rating of "Moderate Buy" with an average target price of $231.57, suggesting potential for stock price appreciation.
Ferguson plc announced a stock repurchase program of $1.00 billion, indicating confidence in the company's value and potential for future growth.
The company declared a quarterly dividend of $0.79 per share, offering investors a steady income stream and demonstrating financial stability.

Ferguson
Bear Case

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

The PEG ratio of Ferguson plc is 6.13, indicating a potentially overvalued stock compared to its earnings growth. A high PEG ratio may suggest that the stock is expensive relative to its expected earnings growth.
Ferguson plc's PE ratio of 22.03 is higher than industry averages, potentially signaling an overvalued stock based on its earnings. A high PE ratio could indicate that the stock is trading at a premium.
The company's beta of 1.21 implies higher volatility compared to the market average. Investors seeking stability may be wary of the stock's price fluctuations.
Ferguson plc's revenue growth was only 1.4% year-over-year, which may indicate slower expansion compared to industry peers. Limited revenue growth could impact future earnings potential.
The payout ratio of Ferguson plc is 34.54%, suggesting a significant portion of earnings is being distributed as dividends. High payout ratios may limit reinvestment for future growth.

FERG Forecast - Frequently Asked Questions

: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Ferguson is $233.38, with a high forecast of $250.00 and a low forecast of $219.00.
: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FERG shares.
: According to analysts, Ferguson's stock has a predicted upside of 15.11% based on their 12-month stock forecasts.
: Ferguson has been rated by research analysts at Barclays, Citigroup, Oppenheimer, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Ferguson more than other "industrial products" companies. The consensus rating score for Ferguson is 2.78 while the average consensus rating score for "industrial products" companies is 2.59. Learn more on how FERG compares to other companies.

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This page (NASDAQ:FERG) was last updated on 11/21/2024 by MarketBeat.com Staff

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Ferguson (FERG) Stock Forecast & Price Target