Analysts Offer Predictions for Ferguson Plc’s FY2021 Earnings (OTCMKTS:FERGY)

Ferguson Plc (OTCMKTS:FERGY) – Stock analysts at SunTrust Banks issued their FY2021 earnings estimates for shares of Ferguson in a research note issued on Tuesday, December 3rd, Zacks Investment Research reports. SunTrust Banks analyst K. Hughes expects that the company will earn $0.56 per share for the year.

Other research analysts also recently issued reports about the company. Liberum Capital downgraded Ferguson from a “buy” rating to a “hold” rating in a research note on Friday, November 29th. ValuEngine cut shares of Ferguson from a “hold” rating to a “sell” rating in a research report on Friday, October 4th. Royal Bank of Canada downgraded shares of Ferguson from a “sector perform” rating to an “underperform” rating in a report on Thursday, September 19th. Finally, Zacks Investment Research raised shares of Ferguson from a “sell” rating to a “hold” rating in a research note on Monday, December 23rd. Five research analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $9.25.

Shares of OTCMKTS FERGY traded up $0.06 during mid-day trading on Thursday, reaching $9.15. The company’s stock had a trading volume of 68,998 shares, compared to its average volume of 319,542. The stock has a fifty day moving average of $8.78 and a two-hundred day moving average of $7.81. Ferguson has a 52 week low of $6.10 and a 52 week high of $9.21. 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 declared an annual dividend, which was paid on Friday, November 29th. Investors of record on Friday, October 25th were paid a dividend of $0.125 per share. This represents a yield of 1.56%. The ex-dividend date was Thursday, October 24th. Ferguson’s payout ratio is presently 20.63%.

About Ferguson

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.

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