A new trading day began on Tuesday, with Ferguson Enterprises Inc (NYSE: FERG) stock price down -1.37% from the previous day of trading, before settling in for the closing price of $208.69. FERG’s price has ranged from $159.20 to $225.62 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 6.80%. Meanwhile, its annual earnings per share averaged 1.41%. With a float of $198.77 million, this company’s outstanding shares have now reached $201.34 million.
The extent of productivity of a business whose workforce counts for 35000 workers is very important to gauge. 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
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 Enterprises Inc is 0.98%, while institutional ownership is 80.79%. 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
In its latest quarterly report, released on 7/31/2024, the company reported earnings of 2.65 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). 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
Here are Ferguson Enterprises Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.39. Likewise, its price to free cash flow for the trailing twelve months is 27.21.
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)
The latest stats from [Ferguson Enterprises Inc, FERG] show that its last 5-days average volume of 1.54 million was superior to 1.27 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 62.22%. Additionally, its Average True Range was 4.72.
During the past 100 days, Ferguson Enterprises Inc’s (FERG) raw stochastic average was set at 52.86%, which indicates a significant decrease from 58.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.66% in the past 14 days, which was lower than the 30.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $198.75, while its 200-day Moving Average is $204.81. Now, the first resistance to watch is $208.18. This is followed by the second major resistance level at $210.53. The third major resistance level sits at $211.93. If the price goes on to break the first support level at $204.43, it is likely to go to the next support level at $203.03. Assuming the price breaks the second support level, the third support level stands at $200.68.
Ferguson Enterprises Inc (NYSE: FERG) Key Stats
With a market capitalization of 41.32 billion, the company has a total of 200,739K Shares Outstanding. Currently, annual sales are 29,635 M while annual income is 1,735 M. The company’s previous quarter sales were 7,946 M while its latest quarter income was 451,000 K.
