Ferguson plc (NYSE: FERG)’s stock price has decreased by -3.87 compared to its previous closing price of 134.20. Despite this, the company has seen a loss of -7.87% in its stock price over the last five trading days.
Is It Worth Investing in Ferguson plc (NYSE: FERG) Right Now?
Ferguson plc (NYSE: FERG) has a higher price-to-earnings ratio of 13.08x compared to its average ratio. compared to its average ratio and a 36-month beta value of 1.21. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for Ferguson plc (FERG) is $149.67, which is $12.99 above the current market price. The public float for FERG is 205.32M, and currently, short sellers hold a 1.20% ratio of that float. The average trading volume of FERG on March 16, 2023 was 1.94M shares.
FERG’s Market Performance
FERG stock saw a decrease of -7.87% in the past week, with a monthly decline of -12.26% and a quarterly a decrease of 0.24%. The volatility ratio for the week is 3.04%, and the volatility levels for the last 30 days are 1.98% for Ferguson plc (FERG). The simple moving average for the last 20 days is -9.54% for FERG stock, with a simple moving average of 5.46% for the last 200 days.
FERG Trading at -8.44% from the 50-Day Moving Average
After a stumble in the market that brought FERG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.63% of loss for the given period.
Volatility was left at 1.98%, however, over the last 30 days, the volatility rate increased by 3.04%, as shares sank -12.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.61% upper at present.
During the last 5 trading sessions, FERG fell by -7.87%, which changed the moving average for the period of 200-days by +8.15% in comparison to the 20-day moving average, which settled at $141.69. In addition, Ferguson plc saw 1.61% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FERG
Current profitability levels for the company are sitting at:
- +9.93 for the present operating margin
- +29.60 for the gross margin
The net margin for Ferguson plc stands at +7.35. Equity return is now at value 44.10, with 13.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.65.
Conclusion
To put it simply, Ferguson plc (FERG) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
