At the time of writing, Ferguson Plc. [FERG] stock is trading at $221.33, up 1.28%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FERG shares have gain 1.09% over the last week, with a monthly amount glided 10.08%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Ferguson Plc. [NYSE: FERG] stock has seen the most recent analyst activity on January 08, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Wells Fargo upgraded its rating to Overweight on January 04, 2024, and elevated its price target to $210. On October 31, 2023, downgrade downgraded it’s rating to Underperform and revised its price target to $138 on the stock. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $175 on October 17, 2023. Raymond James initiated its recommendation with a Outperform and recommended $175 as its price target on September 01, 2023. William Blair started tracking with a Outperform rating for this stock on July 07, 2023, and assigned it a price target of $194.
For the past year, the stock price of Ferguson Plc. fluctuated between $123.17 and $222.39. Currently, Wall Street analysts expect the stock to reach $192.67 within the next 12 months. Ferguson Plc. [NYSE: FERG] shares were valued at $221.33 at the most recent close of the market. An investor can expect a potential drop of -12.95% based on the average FERG price forecast.
Analyzing the FERG fundamentals
According to Ferguson Plc. [NYSE:FERG], the company’s sales were 29.36B for trailing twelve months, which represents an -2.23% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.34 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.91.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 218.89 points at the first support level, and at 216.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 223.74, and for the 2nd resistance point, it is at 226.14.
Ratios To Look Out For
It is important to note that Ferguson Plc. [NYSE:FERG] has a current ratio of 1.80. Further, the Quick Ratio stands at 0.97, while the Cash Ratio is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 8.29 and price to earnings (TTM) ratio is 25.76.
Transactions by insiders
Recent insider trading involved Murphy Kevin Michael, Chief Executive Officer, that happened on Oct 17 ’23 when 641.0 shares were sold. Chief Legal Officer, Graham Ian T. completed a deal on Oct 17 ’23 to sell 387.0 shares. Meanwhile, Schlicher Jake sold 288.0 shares on Oct 17 ’23.
