Ferguson Plc. (NYSE:FERG) does about 1.22M shares in volume on a normal day but saw 833132 shares change hands in Friday trading. The company now has a market cap of 43.98B USD. Its current market price is $217.17, marking an increase of 1.82% compared to the previous close of $213.29. The 52 week high reached by this stock is $224.86 whilst the lowest price level in 52 weeks is $137.12.
Ferguson Plc. (FERG) has a 20-day trading average at $214.16 and the current price is -3.42% off the 52-week high compared with 58.38% distance from its 52-week low. The 50-day simple moving average of the closing price is $212.88 and its 200-day simple moving average is $181.08. If we look at the stock’s price movements over the week, volatility stands at 1.84%, which increases to 1.92% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.62 to suggest the stock is neutral.
The consensus objective for the share price is $215.08, suggesting that the stock has a potential downside of -0.97% over the period.
Wells Fargo upgraded the stock to “Overweight” from Equal Weight on January 04, 2024 at a price target of $175-$210. BofA Securities downgraded its price target at $160-$138.
Ferguson Plc. (FERG) stock is up 1.80% over the week and -1.88% over the past month. Its price is 12.48% year-to-date and 55.68% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -0.97 percent from here.
The company has a return on investment of 17.30% and return on equity of 34.72%. The price to earnings ratio (P/E ratio) amounts to 25.27 while the forward price to earnings ratio is 20.23. The beta has a value of 1.24. Price to book ratio is 8.14 and price to sales ratio is 1.50.
