Brokers Issue Forecasts for Ferguson plc’s Q1 2025 Earnings (NASDAQ:FERG)

Ferguson plc (NASDAQ:FERG) – Stock analysts at William Blair reduced their Q1 2025 EPS estimates for Ferguson in a research report issued on Tuesday, September 17th. William Blair analyst R. Merkel now forecasts that the company will post earnings per share of $2.70 for the quarter, down from their previous forecast of $2.89. The consensus estimate for Ferguson’s current full-year earnings is $9.63 per share. William Blair also issued estimates for Ferguson’s Q2 2025 earnings at $1.81 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $3.04 EPS and FY2026 earnings at $11.71 EPS.

Ferguson (NASDAQ:FERG) last issued its earnings results on Tuesday, September 17th. The company reported $2.98 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.12. The firm had revenue of $7.95 billion during the quarter, compared to analysts’ expectations of $8.01 billion. Ferguson had a net margin of 6.33% and a return on equity of 36.89%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the firm posted $2.77 earnings per share.

A number of other analysts have also recently weighed in on the stock. Robert W. Baird raised their target price on shares of Ferguson from $222.00 to $225.00 and gave the stock an “outperform” rating in a report on Wednesday. UBS Group raised their target price on shares of Ferguson from $228.00 to $236.00 and gave the stock a “buy” rating in a report on Wednesday. Citigroup raised their target price on shares of Ferguson from $203.00 to $221.00 and gave the stock a “neutral” rating in a report on Wednesday. Barclays raised their price objective on shares of Ferguson from $229.00 to $245.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, Royal Bank of Canada lifted their price objective on shares of Ferguson from $211.00 to $219.00 and gave the stock an “outperform” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $231.57.

Ferguson Trading Down 5.6 %

Shares of NASDAQ:FERG opened at $196.52 on Thursday. The stock has a market capitalization of $39.69 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 6.13 and a beta of 1.21. Ferguson has a 1-year low of $147.62 and a 1-year high of $225.63. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.94 and a current ratio of 1.68. The company has a 50 day moving average price of $204.88 and a 200 day moving average price of $206.95.

Institutional Investors Weigh In On Ferguson

A number of institutional investors have recently modified their holdings of FERG. Bank of New York Mellon Corp boosted its stake in shares of Ferguson by 375.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 6,289,864 shares of the company’s stock valued at $1,218,032,000 after buying an additional 4,966,821 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in shares of Ferguson by 589.0% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,619,637 shares of the company’s stock valued at $353,778,000 after buying an additional 1,384,570 shares during the period. Capital World Investors acquired a new stake in shares of Ferguson during the 1st quarter valued at $104,723,000. APG Asset Management US Inc. acquired a new stake in shares of Ferguson during the 4th quarter valued at $89,758,000. Finally, Robeco Schweiz AG acquired a new stake in shares of Ferguson during the 4th quarter valued at $61,782,000. Institutional investors and hedge funds own 81.98% of the company’s stock.

Ferguson announced that its Board of Directors has initiated a share repurchase plan on Tuesday, June 4th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to buy up to 2.6% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

Ferguson Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Shareholders of record on Friday, September 27th will be paid a dividend of $0.79 per share. This represents a $3.16 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Friday, September 27th. Ferguson’s dividend payout ratio (DPR) is currently 34.54%.

Ferguson Company Profile

Ferguson plc distributes plumbing and heating products in the United States and Canada. It offers plumbing and heating solutions to customers in the residential, commercial, civil/infrastructure, and industrial end markets. The company also provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, fabrication, and others, as well as heating, ventilation, and air conditioning products under the Ferguson brand name.