Ferguson Plc. (FERG) is gearing up for another turning point as it hit the volume of 2.53 million

A new trading day began on Monday, with Ferguson Plc. (NYSE: FERG) stock price down -0.61% from the previous day of trading, before settling in for the closing price of $216.32. FERG’s price has ranged from $126.18 to $224.86 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 8.08%. Meanwhile, its annual earnings per share averaged -2.22%. With a float of $200.65 million, this company’s outstanding shares have now reached $204.00 million.

Let’s determine the extent of company efficiency that accounts for 35000 employees.

Ferguson Plc. (FERG) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Industrial Distribution Industry. The insider ownership of Ferguson Plc. is 1.07%, while institutional ownership is 84.23%. The most recent insider transaction that took place on Oct 17 ’23, was worth 105,769. In this transaction Chief Executive Officer of this company sold 641 shares at a rate of $164.94, taking the stock ownership to the 123,469 shares. Before that another transaction happened on Oct 17 ’23, when Company’s Chief Legal Officer sold 387 for $164.95, making the entire transaction worth $63,858. This insider now owns 5,854 shares in total.

Ferguson Plc. (FERG) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.87 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 22.02% growth over the previous five years of trading.

Ferguson Plc. (NYSE: FERG) Trading Performance Indicators

Here are Ferguson Plc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.97. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.49. Likewise, its price to free cash flow for the trailing twelve months is 20.63.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.59, a number that is poised to hit 2.31 in the next quarter and is forecasted to reach 10.74 in one year’s time.

Technical Analysis of Ferguson Plc. (FERG)

Looking closely at Ferguson Plc. (NYSE: FERG), its last 5-days average volume was 1.62 million, which is a jump from its year-to-date volume of 1.15 million. As of the previous 9 days, the stock’s Stochastic %D was 22.71%. Additionally, its Average True Range was 4.07.

During the past 100 days, Ferguson Plc.’s (FERG) raw stochastic average was set at 83.76%, which indicates a significant increase from 17.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.52% in the past 14 days, which was lower than the 22.66% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $208.64, while its 200-day Moving Average is $177.28. However, in the short run, Ferguson Plc.’s stock first resistance to watch stands at $219.30. Second resistance stands at $223.58. The third major resistance level sits at $226.78. If the price goes on to break the first support level at $211.82, it is likely to go to the next support level at $208.62. Should the price break the second support level, the third support level stands at $204.34.

Ferguson Plc. (NYSE: FERG) Key Stats

With a market capitalization of 43.61 billion, the company has a total of 202,813K Shares Outstanding. Currently, annual sales are 29,734 M while annual income is 1,889 M. The company’s previous quarter sales were 6,673 M while its latest quarter income was 322,000 K.