As of close of business last night, Ferguson Plc.’s stock clocked out at $198.87, up 0.06% from its previous closing price of $198.75. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 1283941 shares were traded.
Ratios:
To gain a deeper understanding of FERG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.88.
On January 04, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $175 to $210.
BofA Securities Downgraded its Neutral to Underperform on October 31, 2023, whereas the target price for the stock was revised from $160 to $138.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 17 ’23 when Murphy Kevin Michael sold 641 shares for $164.94 per share. The transaction valued at 105,769 led to the insider holds 123,469 shares of the business.
Graham Ian T. sold 387 shares of FERG for $63,858 on Oct 17 ’23. The Chief Legal Officer now owns 5,854 shares after completing the transaction at $164.95 per share. On Oct 17 ’23, another insider, Schlicher Jake, who serves as the insider of the company, sold 288 shares for $164.93 each. As a result, the insider received 47,580 and left with 7,047 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FERG now has a Market Capitalization of 40.31B and an Enterprise Value of 44.96B. As of this moment, Ferguson’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.14, and their Forward P/E ratio for the next fiscal year is 18.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 7.45. Its current Enterprise Value per Revenue stands at 1.53 whereas that against EBITDA is 16.01.
Stock Price History:
Over the past 52 weeks, FERG has reached a high of $217.32, while it has fallen to a 52-week low of $123.17. The 50-Day Moving Average of the stock is 195.24, while the 200-Day Moving Average is calculated to be 169.14.
Shares Statistics:
It appears that FERG traded 1.07M shares on average per day over the past three months and 1.7M shares per day over the past ten days. A total of 204.00M shares are outstanding, with a floating share count of 201.91M. Insiders hold about 1.06% of the company’s shares, while institutions hold 84.07% stake in the company. Shares short for FERG as of Feb 15, 2024 were 2.49M with a Short Ratio of 2.52, compared to 1.64M on Jan 12, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 3.08, FERG has a forward annual dividend rate of 3.04. Against a Trailing Annual Dividend Yield of 1.55%, it implies a Forward Annual Dividend Yield of 1.59%. The stock’s 5-year Average Dividend Yield is 2.18.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $2.32 for the current quarter, with a high estimate of $2.4 and a low estimate of $2.21, while EPS last year was $2.2. The consensus estimate for the next quarter is $2.96, with high estimates of $3.07 and low estimates of $2.87.
Analysts are recommending an EPS of between $10.29 and $8.79 for the fiscal current year, implying an average EPS of $9.64. EPS for the following year is $10.63, with 18 analysts recommending between $11.33 and $9.4.
Revenue Estimates
A total of 18 analysts have provided revenue estimates for FERG’s current fiscal year. The highest revenue estimate was $30.77B, while the lowest revenue estimate was $29.36B, resulting in an average revenue estimate of $29.89B. In the same quarter a year ago, actual revenue was $29.73B, up 0.50% from the average estimate. Based on 18 analysts’ estimates, the company’s revenue will be $31.46B in the next fiscal year. The high estimate is $32.46B and the low estimate is $30.23B. The average revenue growth estimate for next year is up 5.20% from the average revenue estimate for this year.
