On Tuesday, Ferguson Enterprises Inc. (NYSE: FERG) opened lower -1.11% from the last session, before settling in for the closing price of $197.25. Price fluctuations for FERG have ranged from $147.62 to $225.62 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 6.80% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1.41% at the time writing. With a float of $199.96 million, this company’s outstanding shares have now reached $201.34 million.
In an organization with 35000 employees, it is important to assess its efficiency. 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 Updates
A key investor’s attitude towards the stock of the Industrial Distribution industry is another important factor to consider. The insider ownership of Ferguson Enterprises Inc. is 0.98%, while institutional ownership is 84.25%. The most recent insider transaction that took place on Oct 14 ’24, was worth 267,319. In this transaction Chief Accounting Officer of this company sold 1,325 shares at a rate of $201.75, taking the stock ownership to the 1,000 shares. Before that another transaction happened on Oct 14 ’24, when Company’s Senior Vice President-Blended sold 1,118 for $201.22, making the entire transaction worth $224,963. This insider now owns 1,882 shares in total.
Ferguson Enterprises Inc. (FERG) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 2.65 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 2.64) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.53% during the next five years compared to 12.82% growth over the previous five years of trading.
Ferguson Enterprises Inc. (NYSE: FERG) Trading Performance Indicators
Check out the current performance indicators for Ferguson Enterprises Inc. (FERG). In the past quarter, the stock posted a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33. Likewise, its price to free cash flow for the trailing twelve months is 25.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.53, 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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was inferior than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.37%. Additionally, its Average True Range was 4.47.
During the past 100 days, Ferguson Enterprises Inc.’s (FERG) raw stochastic average was set at 27.22%, which indicates a significant increase from 17.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.77% in the past 14 days, which was lower than the 31.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $199.69, while its 200-day Moving Average is $204.05. However, in the short run, Ferguson Enterprises Inc.’s stock first resistance to watch stands at $196.29. Second resistance stands at $197.51. The third major resistance level sits at $199.27. If the price goes on to break the first support level at $193.30, it is likely to go to the next support level at $191.54. Assuming the price breaks the second support level, the third support level stands at $190.32.
Ferguson Enterprises Inc. (NYSE: FERG) Key Stats
There are currently 200,739K shares outstanding in the company with a market cap of 39.39 billion. Presently, the company’s annual sales total 29,635 M according to its annual income of 1,735 M. Last quarter, the company’s sales amounted to 7,946 M and its income totaled 451,000 K.
