The price-to-earnings ratio for Ferguson Enterprises Inc. (NYSE: FERG) is 22.00x, which is above its average ratio. Moreover, the 36-month beta value for FERG is 1.21. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for FERG is 200.10M and currently, short sellers hold a 0.97% of that float. On September 25, 2024, FERG’s average trading volume was 1.39M shares.
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FERG) stock’s latest price update
The stock price of Ferguson Enterprises Inc. (NYSE: FERG) has surged by 0.48 when compared to previous closing price of 200.16, but the company has seen a -2.87% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-09-18 that NEWPORT NEWS, Va.–(BUSINESS WIRE)–Ferguson Enterprises Inc. (NYSE: FERG, LSE: FERG) (the “Company”) announces today that it purchased a total of 167,825 of its shares of common stock in the period from September 9, 2024, up to and including September 13, 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 th.
FERG’s Market Performance
Ferguson Enterprises Inc. (FERG) has experienced a -2.87% fall in stock performance for the past week, with a -6.16% drop in the past month, and a 4.73% rise in the past quarter. The volatility ratio for the week is 3.03%, and the volatility levels for the past 30 days are at 2.60% for FERG. The simple moving average for the past 20 days is 1.01% for FERG’s stock, with a -0.71% simple moving average for the past 200 days.
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 -1.71% 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 -10.86% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares sank -6.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.25% lower at present.
During the last 5 trading sessions, FERG fell by -2.87%, which changed the moving average for the period of 200-days by +15.14% in comparison to the 20-day moving average, which settled at $198.37. In addition, Ferguson Enterprises Inc. saw 4.17% 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 Baker Kelly A, who purchase 247 shares at the price of $202.48 back on Jun 18 ’24. After this action, Baker Kelly A now owns 2,068 shares of Ferguson Enterprises Inc., valued at $50,013 using the latest closing price.
Thees William T. Jr, the of Ferguson Enterprises Inc., sale 5,725 shares at $164.71 during a trade that took place back on Oct 16 ’23, which means that Thees William T. Jr is holding 25,632 shares at $942,923 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 Enterprises Inc. stands at 0.08. The total capital return value is set at 0.23. Equity return is now at value 36.47, with 11.74 for asset returns.
Based on Ferguson Enterprises Inc. (FERG), the company’s capital structure generated 0.47 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 0.89. The interest coverage ratio of the stock is 31.34.
Currently, EBITDA for the company is 492.0 million with net debt to EBITDA at 1.62. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 8.23for 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
To wrap up, the performance of Ferguson Enterprises Inc. (FERG) has been mixed in recent times. The stock has received a bullish of “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.
