Trading Update: Ferguson Enterprises Inc. (FERG) Stock Endures 1.95% Monthly Volatility

The stock of Ferguson Enterprises Inc. (FERG) has gone down by -3.29% for the week, with a -0.56% drop in the past month and a -9.23% drop in the past quarter. The volatility ratio for the week is 1.95%, and the volatility levels for the past 30 days are 1.95% for FERG. The simple moving average for the last 20 days is -0.07% for FERG stock, with a simple moving average of -2.72% for the last 200 days.

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

Ferguson Enterprises Inc. (NYSE: FERG) has a price-to-earnings ratio that is above its average at 23.27x. The stock has a 36-month beta value of 1.20. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 1 as “sell.”

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The public float for FERG is 199.96M, and at present, short sellers hold a 1.02% of that float. On October 24, 2024, the average trading volume of FERG was 1.53M shares.

FERG) stock’s latest price update

Ferguson Enterprises Inc. (NYSE: FERG) has seen a rise in its stock price by 1.47 in relation to its previous close of 195.49. However, the company has experienced a -3.29% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-10-21 that Highlights: Metal extraction of 96.1 – 98.5% nickel and 96.1 – 97.7% cobalt from bioleaching tests. Bioleaching could offer much higher metal recoveries than flotation (29-51% nickel and 48-89% cobalt), significantly increasing the value of current mineral resources.

Analysts’ Opinion of FERG

Many brokerage firms have already submitted their reports for FERG stocks, with Oppenheimer repeating the rating for FERG by listing it as a “Outperform.” The predicted price for FERG in the upcoming period, according to Oppenheimer is $234 based on the research report published on October 23, 2024 of the current year 2024.

Wells Fargo gave a rating of “Overweight” to FERG, setting the target price at $210 in the report published on January 04th of the current year.

FERG Trading at -1.01% 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 1.95%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -1.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.60% lower at present.

During the last 5 trading sessions, FERG fell by -3.07%, which changed the moving average for the period of 200-days by +6.23% in comparison to the 20-day moving average, which settled at $198.52. In addition, Ferguson Enterprises Inc. saw 2.74% 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 Winckler Richard, who sale 1,325 shares at the price of $201.75 back on Oct 14 ’24. After this action, Winckler Richard now owns 1,000 shares of Ferguson Enterprises Inc., valued at $267,319 using the latest closing price.

Williams Garland, the Senior Vice President-Blended of Ferguson Enterprises Inc., sale 1,118 shares at $201.22 during a trade that took place back on Oct 14 ’24, which means that Williams Garland is holding 1,882 shares at $224,963 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 0.06. The total capital return value is set at 0.23. Equity return is now at value 32.57, with 10.66 for asset returns.

Based on Ferguson Enterprises Inc. (FERG), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.98. The interest coverage ratio of the stock is 14.88.

Currently, EBITDA for the company is 2.98 billion with net debt to EBITDA at 1.65. 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 1.80.

Conclusion

To sum up, Ferguson Enterprises Inc. (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’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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