This summary was created by AI, based on 3 opinions in the last 12 months.
Ferguson (FERG-N) is highlighted as a significant player in the building products sector, specifically focusing on plumbing, heating, and ventilation. Analysts point out that the company's performance is closely tied to interest rates, suggesting potential benefits as the Federal Reserve prepares to ease rates. The stock has seen impressive growth, having doubled in value since October 2022, and is currently regarded as a buying opportunity following a recent dip. Despite experiencing a setback after disappointing earnings last month, Ferguson's shares have shown resilience, reaching new 52-week highs and a year-to-date increase of 16%. This recovery, coupled with its successful transition from the London Stock Exchange to Wall Street, indicates a strong market position and confidence in its future prospects.
Will benefit from lower interest rates, and it's done better since moving from the London Stock Exchange to Wall Street. It has doubled since October 2022. Recently, it's come down for no reason, so now is a buying opportunity. They deal in building products (heating, ventilation, plumbing).
A major distributor of North American plumbing, heating and infrastructure products. Since June 2022, shares have more than doubled. Since reporting a miss last months, shares slid, but have since recovered to make new 52-week highs. Up 16% this year.
Ferguson is a American stock, trading under the symbol FERG-N on the New York Stock Exchange (FERG). It is usually referred to as NYSE:FERG or FERG-N
In the last year, 3 stock analysts published opinions about FERG-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Ferguson.
Ferguson was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Ferguson.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of Ferguson published on Stockchase.
On 2025-02-21, Ferguson (FERG-N) stock closed at a price of $176.
Are levered directly to interest rates, perfect at a time when the Fed is about to ease rates. They report Tuesday.