How to Buy Ferguson Stock
Ferguson PLC
Ferguson is a industrial distribution company located in United Kingdom, which is part of the Industrials sector, and is traded under the ticker FERG on the NYSE exchange.
Ferguson stock last closed at $212.83, up 1.74% from the previous day, and has increased 57.42% in one year. It has overperformed other stocks in the Industrial Distribution industry by 0.25 percentage points. Ferguson stock is currently +58.17% from its 52-week low of $134.56, and -5.35% from its 52-week high of $224.86.
At the moment, there are 202.81M shares of FERG outstanding. The market value of FERG is $43.16B. In the past 24 hours, 1.21M FERG shares were traded.
How to Buy Ferguson Stock
Wondering how to invest in Ferguson stock? Here's how.
- Figure out where to buy Ferguson stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Ferguson stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- Evaluate Ferguson stock: The Ferguson ticker symbol is FERG. Is Ferguson stock a good investment? Should you buy shares of FERG? How do FERG's underlying business fundamentals look? Do top analysts think Ferguson is a good buy? Why has FERG's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if FERG is a good stock to buy).
- Place your FERG purchase: Decide if you will purchase FERG shares at the current market price or use a limit order to buy FERG shares at a given price.
- Track your FERG investment: Create a watchlist to the latest updates on your investment in Ferguson stock.
Step 1: Figure out where to buy Ferguson stock
You need an online brokerage account to access the NYSE market and buy FERG stock.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you are able to buy FERG stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open your new trading account.
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Step 3: Put funds into your brokerage account
Now that you've opened your account on a good stock buying app, your next step is to transfer the money for your investment:
Watch this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Ferguson stock
Once you have figured out the best place to buy Ferguson stock, it's important to analyze their stock prior to investing, so you truly understand the risk as well as the upside.
Overview of key FERG info
Ferguson Overview
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on FERG's stock page.
Is FERG stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge FERG's fair value.
Using relative valuations metrics:
- FERG may be overvalued based on its P/E ratio of 2,474.77x, relative to Industrial Distribution industry P/E ratio of 512.3x
- FERG may be overvalued based on its P/B ratio of 7.97x, relative to Industrial Distribution industry P/B ratio of 6.84x
- FERG may be overvalued based on its PEG ratio of 2.94x
You can access more valuation analysis on FERG's stock here.
FERG Financial Health Overview
Passed Health Checks:
- FERG's operating cash flow of $2.42B allows it to safely service it's debt of $5.29B.
- There are more short-term assets than short-term liabilities on the FERG balance sheet.
- FERG earnings of $2.49B is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the FERG balance sheet.
Failed Health Checks:
- FERG profit margin has gone down from 7% to 6% in the past year.
- FERG has a relatively high debt to equity ratio of 1.9.
Do analysts think it's a good time to buy FERG stock
Out of 7 Equities analysts who give forecasts on FERG, the consensus analyst rating on FERG is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Most Recent FERG Analyst Ratings
Matthew Bouley, a top 1% analyst from Barclays maintains FERG with a strong buy rating and raises their FERG price target from $208.00 to $236.00, on Mar 6, 2024.
Barclays's Matthew Bouley raised their price target on Ferguson (NYSE: FERG) by 13.5% from $208 to $236 on 2024/03/06. The analyst maintained their Strong Buy rating on the stock.
Commenting on investors' reaction to Ferguson's Q2 2024 earnings, reported on 2024/03/05, Bouley said the dip in the price of the stock was "harsh given that the pressure on the quarter's top line was weather-driven and 2024/02 trends are already much-improved."
Earnings Report
For Q2 2024, Ferguson reported:
- EPS of $1.58, which missed the consensus estimate by 8.9% and Q2 2023's $1.81 by 14.6%.
- Revenue of $6.67B, which missed the consensus estimate by 1.4% and Q2 2023 by 2.2%.
- Adjusted operating margin of 7.8%.
- The repurchase of $142M in shares.
For FY 2024, management's guidance was unchanged:
- Broadly flat revenue.
- Adjusted operating margin of 9.2% to 9.8%.
- Capex of $400M to $450M.
CEO Kevin Murphy commented: “While sales were slightly lower than the prior year, organic performance improved from Q1.
"Current open orders and sales per day trends support our expectation of improvement through the balance of the fiscal year against easing comparables.
"We are appropriately managing costs as we prepare for our seasonally stronger second half.
"We delivered strong operating cash flow during 1H 2024 and our strong balance sheet positions us for continued investment in organic growth, sustainable dividend growth, consolidation of our fragmented markets through acquisitions and the continued return of capital to shareholders.
“Our FY2024 financial guidance is unchanged. We are well positioned to leverage emerging multi-year structural tailwinds in non-residential construction and opportunities to further support the residential trade professional.”
Sam Darkatsh, a top 2% analyst from Raymond James maintains FERG with a buy rating and raises their FERG price target from $175.00 to $185.00, on Dec 6, 2023.
You can dive deeper into what analysts are saying on the Ferguson stock forecast page.
FERG Technicals
FERG Growth Metrics
Last year, FERG earnings were $1.76B. During the last two year, FERG's earnings have gone up by -3.32% per year. This was slower than the Industrial Distribution industry average of 11.96%.
Last year, FERG revenue was $29.36B. During the past 3 year, FERG's revenue has increased by 76.19% per year. This was faster than the Industrial Distribution industry average of 23.35%.
Find out more about FERG's earnings and revenue performance here.
Latest Insiders Trades at FERG
Over the past year, insiders at FERG have sold more shares than they have bought.
William Brundage, Chief Financial Officer of FERG, was the latest FERG insider to sell. They sold $1,230,096.56 worth of FERG shares on Dec 7, 2023.
Get more info about who owns FERG stock here.
Can I rely on FERG as an income stream?
No, Ferguson doesn't provide an income stream by paying out dividends.
FERG Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your FERG purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.
Press the Open button and eToro will execute the order.
If you need more info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your FERG investment
Now that you own some FERG shares, you'll want to stay up-to-date on your stock purchase.
Add FERG to a watchlist to see the latest developments about your FERG stock.
FERG Feed
How to Buy Stock in Ferguson
To summarize, here are the 6 steps to buy Ferguson stock:
- Figure out where to buy Ferguson stock
- Create your brokerage account
- Put funds into your brokerage account
- Evaluate Ferguson stock
- Place your FERG purchase
- Track your FERG investment
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Ferguson, hit the button below to create your watchlist.
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