Ferguson Enterprises Inc. (FERG) is gearing up for another turning point as it hit the volume of 1.9 million

Ferguson Enterprises Inc. (NYSE: FERG) on Friday, soared 0.30% from the previous trading day, before settling in for the closing price of $198.09. Within the past 52 weeks, FERG’s price has moved between $147.62 and $225.62.

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Industrials Sector giant saw their annual sales surged by 8.58% over the last five years. The company achieved an average annual earnings per share of 1.46%. With a float of $200.09 million, this company’s outstanding shares have now reached $204.00 million.

The firm has a total of 35000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.26%, operating margin of 8.99%, and the pretax margin is 8.31%.

Ferguson Enterprises Inc. (FERG) Insider Activity

Observing investor behavior towards Industrial Distribution industry stocks is more important than anything else. The insider ownership of Ferguson Enterprises Inc. is 0.91%, while institutional ownership is 84.28%. The most recent insider transaction that took place on Jun 18 ’24, was worth 50,013. In this transaction Director of this company bought 247 shares at a rate of $202.48, taking the stock ownership to the 2,068 shares. Before that another transaction happened on Oct 16 ’23, when Company’s See Remarks sold 5,725 for $164.71, making the entire transaction worth $942,923. This insider now owns 25,632 shares in total.

Ferguson Enterprises Inc. (FERG) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 1.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.06% during the next five years compared to 22.02% growth over the previous five years of trading.

Ferguson Enterprises Inc. (NYSE: FERG) Trading Performance Indicators

Ferguson Enterprises Inc. (FERG) is currently performing well based on its current performance indicators. A quick ratio of 0.94 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 18.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.14, a number that is poised to hit 2.62 in the next quarter and is forecasted to reach 11.19 in one year’s time.

Technical Analysis of Ferguson Enterprises Inc. (FERG)

Analysing the last 5-days average volume posted by the [Ferguson Enterprises Inc., FERG], we can find that recorded value of 1.59 million was better than the volume posted last year of 1.27 million. As of the previous 9 days, the stock’s Stochastic %D was 75.87%. Additionally, its Average True Range was 5.00.

During the past 100 days, Ferguson Enterprises Inc.’s (FERG) raw stochastic average was set at 35.86%, which indicates a significant decrease from 58.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.22% in the past 14 days, which was lower than the 31.15% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $200.23, while its 200-day Moving Average is $203.39. Now, the first resistance to watch is $199.79. This is followed by the second major resistance level at $200.88. The third major resistance level sits at $202.34. If the price goes on to break the first support level at $197.24, it is likely to go to the next support level at $195.78. Should the price break the second support level, the third support level stands at $194.69.

Ferguson Enterprises Inc. (NYSE: FERG) Key Stats

Market capitalization of the company is 40.12 billion based on 201,940K outstanding shares. Right now, sales total 29,635 M and income totals 1,735 M. The company made 7,946 M in profit during its latest quarter, and 451,000 K in sales during its previous quarter.