Robinhood shares gain on Q2 beat, as user and crypto growth accelerate
Ferguson PLC (NYSE:FERG) stock has reached a new 52-week high, hitting 225.99 USD, with InvestingPro data showing the stock is currently trading at 226.06 USD. According to InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value. This milestone reflects a significant upward trend for the company, with its stock price climbing steadily over the past year. The stock has delivered a remarkable 30.64% return over the past six months and a 20.58% total return over the last year. Fifteen analysts have revised their earnings upwards for the upcoming period, suggesting continued confidence in Ferguson’s prospects. InvestingPro offers 10+ additional insights about Ferguson’s performance and outlook. This achievement highlights Ferguson PLC’s strong market position as a prominent player in the Trading Companies & Distributors industry and its ability to navigate the current economic landscape effectively. The company maintains a healthy financial profile with a current ratio of 1.64, indicating strong liquidity management.
In other recent news, Ferguson Plc reported a 5% organic growth in its third-quarter fiscal 2025 results, with pricing trends stabilizing after six quarters of deflation, leading to a significant 22% beat on EBITA compared to Factset consensus expectations. Goldman Sachs initiated coverage on Ferguson with a buy rating, citing improved pricing trends and execution, and set a $280.00 price target. Morgan Stanley (NYSE:MS) also increased its price target for Ferguson to $220.00, maintaining an Overweight rating, and revised its earnings per share estimates for fiscal years 2025-2026 by 7-9%. Berenberg analysts, however, downgraded the stock to Hold from Buy, despite raising the price target to $215, due to the recent surge in share price and limited upside potential. UBS raised its price target to $204 while keeping a Neutral rating, citing improved revenue and margin expectations. RBC Capital increased its price target to $231 and maintained an Outperform rating, highlighting Ferguson’s strong third-quarter results and future growth prospects. These developments reflect varying analyst perspectives on Ferguson’s financial performance and potential growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.