The stock of Ferguson Plc. (FERG) has gone down by -1.06% for the week, with a -3.97% drop in the past month and a 11.84% rise in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are 1.71% for FERG. The simple moving average for the past 20 days is -3.50% for FERG’s stock, with a 16.90% simple moving average for the past 200 days.
Is It Worth Investing in Ferguson Plc. (NYSE: FERG) Right Now?
Ferguson Plc. (NYSE: FERG) has a price-to-earnings ratio that is above its average at 24.34x. The stock has a 36-month beta value of 1.21. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for FERG is 200.37M, and at present, short sellers hold a 1.10% of that float. On April 25, 2024, the average trading volume of FERG was 1.21M shares.
FERG) stock’s latest price update
Ferguson Plc. (NYSE: FERG)’s stock price has plunge by -1.28relation to previous closing price of 211.90. Nevertheless, the company has seen a -1.06% plunge in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-10 that Ferguson is recommended as a buy due to an optimistic growth outlook in the near term and long term, supported by leading indicators and a healthy backlog of mega projects. Organic growth is expected to improve with strong bidding activity and increased demand in waterworks, while pricing trends are favorable. Continuous investments in automation and expansion of HVAC capabilities strengthen Ferguson’s competitive advantage and market position.
Analysts’ Opinion of FERG
Wells Fargo, on the other hand, stated in their research note that they expect to see FERG reach a price target of $210, previously predicting the price at $175. The rating they have provided for FERG stocks is “Overweight” according to the report published on January 04th, 2024.
BofA Securities gave a rating of “Underperform” to FERG, setting the target price at $138 in the report published on October 31st of the previous year.
FERG Trading at -0.69% 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 -6.97% of loss for the given period.
Volatility was left at 1.71%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares sank -4.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.65% upper at present.
During the last 5 trading sessions, FERG fell by -1.06%, which changed the moving average for the period of 200-days by +34.78% in comparison to the 20-day moving average, which settled at $216.27. In addition, Ferguson Plc. saw 8.35% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FERG starting from Murphy Kevin Michael, who sale 641 shares at the price of $164.94 back on Oct 17 ’23. After this action, Murphy Kevin Michael now owns 123,469 shares of Ferguson Plc., valued at $105,769 using the latest closing price.
Graham Ian T., the Chief Legal Officer of Ferguson Plc., sale 387 shares at $164.95 during a trade that took place back on Oct 17 ’23, which means that Graham Ian T. is holding 5,854 shares at $63,858 based on the most recent closing price.
Stock Fundamentals for FERG
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.3 for the gross margin
The net margin for Ferguson Plc. stands at 0.06. The total capital return value is set at 0.23. Equity return is now at value 34.72, with 11.40 for asset returns.
Based on Ferguson Plc. (FERG), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.49. The debt to equity ratio resting at 0.91. The interest coverage ratio of the stock is 13.49.
Currently, EBITDA for the company is 3.09 billion with net debt to EBITDA at 1.41. When we switch over and look at the enterprise to sales, we see a ratio of 1.59. The receivables turnover for the company is 9.5for trailing twelve months and the total asset turnover is 1.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
To sum up, Ferguson Plc. (FERG) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
