Ferguson (FERG) Stock Forecast & Price Target

$201.86

-0.08 (-0.04%)

(As of 09/27/2024 08:50 PM 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
1

Hold
2

Buy
6

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, 1 has given a sell rating, 2 have given a hold rating, and 6 have given a buy rating for FERG.

Consensus Price Target

$231.57
14.72% Upside

According to the 9 analysts' twelve-month price targets for Ferguson, the average price target is $231.57. 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 14.72% from the current price of $201.86.

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FERG Analyst Ratings Over Time

Type	Current Forecast 10/1/23 to 9/30/24	1 Month Ago 9/1/23 to 8/31/24	3 Months Ago 7/3/23 to 7/2/24	1 Year Ago 10/1/22 to 10/1/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	4 Buy rating(s)	4 Buy rating(s)	8 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$231.57	$230.00	$221.50	$164.20
Forecasted Upside	14.72% Upside	11.81% Upside	16.12% Upside	-0.16% 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	2.56	2.57	2.50
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	14.72% Upside	46.46% Upside	6.17% 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
9/18/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Overweight ➝ Overweight	$250.00 ➝ $225.00	+9.56%
9/18/2024	Citigroup 3 of 5 stars	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 3 of 5 stars		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%
9/18/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$222.00 ➝ $225.00	+8.65%
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%
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.
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 Monday at 01:18 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 Thursday, September 19, 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 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

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.

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 $231.57, with a high forecast of $250.00 and a low forecast of $219.00.
: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last year. There is currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FERG shares.
: According to analysts, Ferguson's stock has a predicted upside of 14.72% based on their 12-month stock forecasts.
: Ferguson has been rated by research analysts at Barclays, Citigroup, Jefferies Financial Group, Robert W. Baird, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Ferguson less than other "industrial products" companies. The consensus rating score for Ferguson is 2.56 while the average consensus rating score for "industrial products" companies is 2.57. Learn more on how FERG compares to other companies.

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This page (NASDAQ:FERG) was last updated on 9/30/2024 by MarketBeat.com Staff

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