Ferguson Plc (OTCMKTS:FERGY) – Investment analysts at Jefferies Financial Group issued their FY2023 earnings per share estimates for Ferguson in a report released on Sunday, December 1st, according to Zacks Investment Research. Jefferies Financial Group analyst P. Woolf expects that the company will earn $0.60 per share for the year.
A number of other equities research analysts also recently issued reports on the company. ValuEngine downgraded Ferguson from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. Liberum Capital lowered Ferguson from a “buy” rating to a “hold” rating in a research note on Friday, November 29th. Royal Bank of Canada cut Ferguson from a “sector perform” rating to an “underperform” rating in a report on Thursday, September 19th. Finally, Zacks Investment Research upgraded Ferguson from a “sell” rating to a “hold” rating in a research report on Monday. Five investment analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the stock. Ferguson currently has an average rating of “Hold” and an average target price of $9.25.
OTCMKTS FERGY traded down $0.02 on Tuesday, hitting $9.09. 109,358 shares of the stock traded hands, compared to its average volume of 316,813. The business’s fifty day moving average is $8.76 and its two-hundred day moving average is $7.79. Ferguson has a 12 month low of $6.04 and a 12 month high of $9.15. The firm has a market capitalization of $21.07 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 5.23 and a beta of 1.10. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.05 and a current ratio of 1.72.
The company also recently disclosed an annual dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, October 25th were given a $0.125 dividend. This represents a dividend yield of 1.56%. The ex-dividend date of this dividend was Thursday, October 24th. Ferguson’s payout ratio is 20.63%.
Ferguson Company Profile
Ferguson plc distributes plumbing and heating products in the United States, the United Kingdom, Canada, and Central Europe. It offers plumbing and heating solutions to customers in the residential, municipal, civil and industrial markets, and commercial sectors for repair, maintenance, and improvement (RMI), as well as new construction markets.