Ferguson Plc. (FERG) Stock Faces 1.67% Weekly Volatility

The stock of Ferguson Plc. (FERG) has gone down by -5.32% for the week, with a -6.99% drop in the past month and a -8.87% drop in the past quarter. The volatility ratio for the week is 1.67%, and the volatility levels for the past 30 days are 1.83% for FERG. The simple moving average for the past 20 days is -3.12% for FERG’s stock, with a 4.72% simple moving average for the past 200 days.

Is It Worth Investing in Ferguson Plc. (NYSE: FERG) Right Now?

The price-to-earnings ratio for Ferguson Plc. (NYSE: FERG) is above average at 21.62x, Company’s 36-month beta value is 1.23.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for FERG is 200.03M, and currently, short sellers hold a 1.75% ratio of that floaft. The average trading volume of FERG on June 20, 2024 was 1.10M shares.

FERG) stock’s latest price update

The stock price of Ferguson Plc. (NYSE: FERG) has plunged by -2.24 when compared to previous closing price of 202.22, but the company has seen a -5.32% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-06-19 that WOKINGHAM, England–(BUSINESS WIRE)–Ferguson plc (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 68,419 of its ordinary shares in the period from June 10, 2024, up to and including June 14, 2024, in connection with its $4.0 billion share repurchase program. Aggregated information about the purchases carried out during this period Trading day Aggregate daily volume (in number of shares) Daily weighted average purchase price of the shares (USD) Trading venue.

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 -6.16% 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 -12.08% of loss for the given period.

Volatility was left at 1.83%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -6.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.51% lower at present.

During the last 5 trading sessions, FERG fell by -4.84%, which changed the moving average for the period of 200-days by +22.49% in comparison to the 20-day moving average, which settled at $203.40. In addition, Ferguson Plc. saw 2.40% 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:

  • 0.09 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 0.24. Equity return is now at value 36.47, with 11.74 for asset returns.

Based on Ferguson Plc. (FERG), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.6. The debt to equity ratio resting at 0.73. The interest coverage ratio of the stock is 14.64.

Currently, EBITDA for the company is 3.09 billion with net debt to EBITDA at 1.51. When we switch over and look at the enterprise to sales, we see a ratio of 1.5. The receivables turnover for the company is 8.36for trailing twelve months and the total asset turnover is 1.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.68.

Conclusion

In a nutshell, Ferguson Plc. (FERG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.

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