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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
NASDAQ:FERG

Ferguson (FERG) Stock Price, News & Analysis

$209.54
-1.90 (-0.90%)
(As of 04/18/2024 ET)
Today's Range
$208.86
$213.22
50-Day Range
$191.16
$223.85
52-Week Range
$130.75
$224.86
Volume
766,347 shs
Average Volume
1.15 million shs
Market Capitalization
$42.50 billion
P/E Ratio
24.37
Dividend Yield
1.51%
Price Target
$166.50

Ferguson MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
20.5% Downside
$166.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of Ferguson in the last 14 days
Based on 26 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.04%
From $9.66 to $10.63 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.

0.90 out of 5 stars

Industrial Products Sector

148th out of 163 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

Golden Apple | Allison Ferguson
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
See More Headlines
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Company Calendar

Ex-Dividend for 2/6 Dividend
12/14/2023
Dividend Payable
2/06/2024
Last Earnings
3/05/2024
Ex-Dividend for 5/7 Dividend
3/14/2024
Today
4/19/2024
Dividend Payable
5/07/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
7/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$166.50
High Stock Price Target
$185.00
Low Stock Price Target
$155.00
Potential Upside/Downside
-20.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$1.89 billion
Pretax Margin
7.84%

Debt

Sales & Book Value

Annual Sales
$29.73 billion
Cash Flow
$10.54 per share
Book Value
$20.73 per share

Miscellaneous

Free Float
202,509,000
Market Cap
$42.50 billion
Optionable
Not Optionable
Beta
1.27
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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 revenue and earnings over recent quarters, indicating a strong financial performance.
  • The company has a solid return on equity of 37.99%, showcasing efficient utilization of shareholder funds to generate profits.
  • With a dividend yield of 1.53%, Ferguson plc offers investors a steady income stream through regular dividend payments.
  • Recent acquisitions and strategic investments by institutional investors like American Century Companies Inc. and FCF Advisors LLC demonstrate confidence in the company's future prospects.
  • Despite market volatility, Ferguson plc's stock price has been on an upward trend, reaching a 52-week high of $217.32, potentially offering capital gains to investors.

Cons

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

  • Ferguson plc's PEG ratio of 8.60 indicates that the stock may be overvalued relative to its earnings growth potential, posing a risk for investors expecting capital appreciation.
  • The company's debt-to-equity ratio of 0.66 suggests a moderate level of financial leverage, which could increase the company's risk profile during economic downturns.
  • Analysts have revised down earnings estimates for Ferguson plc, with a recent miss on earnings per share, signaling potential challenges in meeting market expectations.
  • Market analysts predict lower revenue for Ferguson plc compared to the previous year, indicating a possible slowdown in business growth.
  • Investors should consider the beta of 1.27 for Ferguson plc, implying higher volatility compared to the market average, which may lead to fluctuations in the stock price.
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 Wednesday, April 10, 2024. Please send any questions or comments about these Ferguson pros and cons to contact@marketbeat.com.

FERG Stock Analysis - Frequently Asked Questions

Should I buy or sell Ferguson stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ferguson in the last twelve months. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" FERG shares.
View FERG analyst ratings
or view top-rated stocks.

What is Ferguson's stock price target for 2024?

8 brokers have issued 12-month price targets for Ferguson's shares. Their FERG share price targets range from $155.00 to $185.00. On average, they expect the company's stock price to reach $166.50 in the next year. This suggests that the stock has a possible downside of 20.5%.
View analysts price targets for FERG
or view top-rated stocks among Wall Street analysts.

How have FERG shares performed in 2024?

Ferguson's stock was trading at $193.07 at the start of the year. Since then, FERG shares have increased by 8.5% and is now trading at $209.54.
View the best growth stocks for 2024 here
.

When is Ferguson's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our FERG earnings forecast
.

How were Ferguson's earnings last quarter?

Ferguson plc (NASDAQ:FERG) posted its quarterly earnings data on Tuesday, March, 5th. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.82 by $0.08. The firm earned $6.67 billion during the quarter, compared to the consensus estimate of $6.72 billion. Ferguson had a trailing twelve-month return on equity of 37.99% and a net margin of 6.00%. The firm's quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.91 EPS.

How often does Ferguson pay dividends? What is the dividend yield for Ferguson?

Ferguson announced a quarterly dividend on Tuesday, March 5th. Stockholders of record on Friday, March 15th will be given a dividend of $0.79 per share on Tuesday, May 7th. This represents a $3.16 annualized dividend and a dividend yield of 1.51%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for FERG
.

Is Ferguson a good dividend stock?

Ferguson (NASDAQ:FERG) pays an annual dividend of $3.16 per share and currently has a dividend yield of 1.47%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.74%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FERG will have a dividend payout ratio of 29.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FERG.

What guidance has Ferguson issued on next quarter's earnings?

Ferguson updated its FY 2024 earnings guidance on Wednesday, March, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $29.7 billion-$29.7 billion, compared to the consensus revenue estimate of $29.9 billion.

Who are Ferguson's major shareholders?

Ferguson's stock is owned by a number of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.17%), Allspring Global Investments Holdings LLC (0.07%), Perpetual Ltd (0.03%), Oliver Luxxe Assets LLC (0.02%), Wealth Enhancement Advisory Services LLC (0.02%) and Fiduciary Alliance LLC (0.01%). Insiders that own company stock include Garland Williams, Kevin Michael Murphy, Michael Jacobs, Richard Winckler and William T Thees Jr.
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 4/19/2024 by MarketBeat.com Staff

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