Ferguson Enterprises Inc. (NYSE:FERG) currently has a daily average trading volume of 1.29M but it saw 1813321 shares traded in last market. With a market cap of 42.04B USD, the company’s current market price of $208.18 came rising about 1.29 while comparing to the previous closing price of $205.52. 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 $206.735 while lowest mark touched by it was $213.4.
Taking a look at 20-day trading activity of Ferguson Enterprises Inc. (FERG) gives us an average price of $200.44, while its current price level is -7.73% below from 52-week high level whereas it is 41.02% 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 $204.67 while that of 200 days or SMA-200 reads an average of $202.28. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.81% during that period while stretching the period over a month that decreases to 2.54%. 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 58.04 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 9.46% up while it is 0.79% when we observe its performance for the past one month. Year-to-date it is 7.83% up and over the past year, the stock is showing an upside performance of 35.23%.
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 22.77 while having a 18.42 of forward P/E ratio. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 7.62 while price to sale or P/S ratio amounts to 1.42. Its return on asset (ROA) is 11.74% on average.
