Ferguson Enterprises Inc. (NYSE:FERG) currently has a daily average trading volume of 1.45M but it saw 2118878 shares traded in last market. With a market cap of 38.71B USD, the company’s current market price of $191.70 came falling about -2.14 while comparing to the previous closing price of $195.89. 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 $190.08 while lowest mark touched by it was $194.59.
Taking a look at 20-day trading activity of Ferguson Enterprises Inc. (FERG) gives us an average price of $197.11, while its current price level is -15.04% below from 52-week high level whereas it is 29.86% 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 $202.80 while that of 200 days or SMA-200 reads an average of $203.19. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.99% during that period while stretching the period over a month that increases to 2.53%. 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 40.95 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 -5.07% down while it is -2.00% when we observe its performance for the past one month. Year-to-date it is -0.71% down and over the past year, the stock is showing an upside performance of 19.48%.
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 20.97 while having a 17.14 of forward P/E ratio. Stock’s beta reads 1.20. Stock has a price to book (P/B) ratio of 7.02 while price to sale or P/S ratio amounts to 1.31. Its return on asset (ROA) is 11.74% on average.
