Market Inference Brief -- FERG Stock

Large-cap Consumer Discretionary company Ferguson has logged a 2.0% change today on a trading volume of 977,759. The average volume for the stock is 1,234,103.

Ferguson plc distributes plumbing and heating products in the United States and Canada. Based in Wokingham, United Kingdom the company has 36,000 full time employees and a market cap of $27,929,833,472. Ferguson currently offers its equity investors a dividend that yields 2.6% per year.

The company is now trading -6.08% away from its average analyst target price of $144.91 per share. The 12 analysts following the stock have set target prices ranging from $105.0 to $194.0, and on average give Ferguson a rating of hold.

Over the last year, FERG shares have gone down by -3.9%, which represents a difference of 2.0% when compared to the S&P 500. The stock's 52 week high is $149.81 per share and its 52 week low is $99.16. Based on Ferguson's increasing revenues over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue ($ k) Cost of Revenue ($ k) Gross Margins (%) YoY Growth (%)
2022-07-31 28,566,000 19,810,000 30.65 0.1
2021-07-31 22,792,000 15,812,000 30.62 4.04
2020-07-31 21,819,000 15,398,000 29.43 0.31
2019-07-31 22,010,000 15,552,000 29.34 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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