Ferguson Enterprises Inc. (NYSE:FERG) currently has a daily average trading volume of 1.13M but it saw 1459135 shares traded in last market. With a market cap of 39.50B USD, the company’s current market price of $195.62 came falling about -3.33 while comparing to the previous closing price of $202.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $225.62 and as low as $147.62. In the recent trading on the day, stock has struck highest price mark of $192.365 while lowest mark touched by it was $197.36.
Taking a look at 20-day trading activity of Ferguson Enterprises Inc. (FERG) gives us an average price of $204.72, while its current price level is -13.30% below from 52-week high level whereas it is 32.52% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $203.74 while that of 200 days or SMA-200 reads an average of $200.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.34% during that period while stretching the period over a month that increases to 2.46%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 39.59 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on January 04, 2024 while assigning a price target range of $175-$210. BofA Securities also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $160 and $138.
Over the week, FERG’s stock price is moving -6.40% down while it is -0.84% when we observe its performance for the past one month. Year-to-date it is 1.32% up and over the past year, the stock is showing an upside performance of 20.58%.
Currently, Ferguson Enterprises Inc.’s total number of outstanding shares is 204.00M. Company’s return on investment (ROI) stands at 18.32% and return on equity (ROE) at 36.47%. It has a price to earnings ratio (P/E ratio) of 21.39 while having a 18.36 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 7.16 while price to sale or P/S ratio amounts to 1.34. Its return on asset (ROA) is 11.74% on average.
