Ferguson plc (NYSE: FERG) is -35.63% lower on its value in year-to-date trading and has touched a low of $105.08 and a high of $183.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FERG stock was last observed hovering at around $119.56 in the last trading session, with the day’s loss setting it -4.08% off its average median price target of $139.00 for the next 12 months. It is also 46.54% off the consensus price target high of $216.00 offered by 19 analysts, but current levels are -7.53% lower than the price target low of $107.39 for the same period.
Currently trading at $115.48, the stock is 2.30% and 0.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.78 million and changing -3.41% at the moment leaves the stock -18.52% off its SMA200. FERG registered -18.86% loss for a year compared to 6-month loss of -25.43%. The firm has a 50-day simple moving average (SMA 50) of $1.06 and a 200-day simple moving average (SMA200) of $8.66.
The stock witnessed a 1.67% gain in the last 1 month and extending the period to 3 months gives it a -12.42%, and is -0.31% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 2.20% over the month.
Ferguson plc (FERG) has around 31924 employees, a market worth around $24.21B and $27.40B in sales. Current P/E ratio is 12.44. Profit margin for the company is 7.70%. Distance from 52-week low is 9.90% and -37.13% from its 52-week high. The company has generated returns on investments over the last 12 months (20.80%).
Ferguson plc (FERG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Ferguson plc (FERG) is a “Overweight”. 19 analysts offering their recommendations for the stock, where 5 rate it as a Hold and 4 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Ferguson plc is expected to release its quarterly report on 09/27/2022.The EPS is expected to grow by 70.70% this year.
Ferguson plc (FERG) Top Institutional Holders
The shares outstanding are 217.10M, and float is at 211.19M with Short Float at 0.33%.
Ferguson plc (FERG) Insider Activity
A total of 14 insider transactions have happened at Ferguson plc (FERG) in the last six months, with sales accounting for 2 and purchases happening 12 times.