FERG Stock Recent News

Ferguson is recommended as a buy due to an optimistic growth outlook in the near term and long term, supported by leading indicators and a healthy backlog of mega projects. Organic growth is expected to improve with strong bidding activity and increased demand in waterworks, while pricing trends are favorable. Continuous investments in automation and expansion of HVAC capabilities strengthen Ferguson's competitive advantage and market position.

Ferguson plc (NYSE:FERG ) Q2 2024 Earnings Conference Call March 5, 2024 8:30 AM ET Company Participants Brian Lantz - Vice President, Investor Relations and Communications Kevin Murphy - Chief Executive Officer Bill Brundage - Chief Financial Officer Conference Call Participants Matthew Bouley - Barclays John Lovallo - UBS Philip Ng - Jefferies David Manthey - Baird Ryan Merkel - William Blair Mike Dahl - RBC Capital Markets Kathryn Thompson - Thompson Research Group Patrick Baumann - JPMorgan Operator Hello, and welcome to Ferguson's Second Quarter Results Conference Call. My name is Adam, and I'll be coordinating your call today.

Ferguson (FERG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) announces today that it will issue its second quarter results on Tuesday, March 5, 2024. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation.

Ferguson plc (FERG) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Ferguson Plc is a significant player in the supply chain for infrastructure projects in the United States. The company has achieved remarkable growth over the past three years, with sales increasing by 43% and adjusted operating profit growing by 60%. Ferguson's strategic focus on residential and non-residential sectors, along with its emphasis on repair and remodel activities, positions it well for long-term growth.

Despite stagnant growth, FERG's share price has surged recently, indicating positive expectations for future growth. The company's Q1 FY24 results showed a decline in net sales and income, but signs of recovery in the construction market are promising. FERG's strong balance sheet, improving market conditions, and low valuation make it a favorable investment option.

Ferguson plc (NYSE:FERG ) Q1 2024 Earnings Conference Call December 5, 2023 8:30 AM ET Company Participants Brian Lantz - Vice President of Investor Relations and Communications Kevin Murphy - Chief Executive Officer Bill Brundage - Chief Financial Officer Conference Call Participants Phil Ng - Jefferies Ryan Merkel - William Blair Will Jones - Redburn Partners Patrick Baumann - JPMorgan Brian Biros - Thompson Research Sam Darkatsh - Raymond James Operator Hello, everyone, and welcome to Ferguson's First Quarter Results Conference Call. My name is Bruno, and I'll be coordinating your call today.

WOKINGHAM, England--(BUSINESS WIRE)--Ferguson plc (NYSE: FERG; LSE: FERG) announces today that it will issue its first quarter results on Tuesday, December 5. The results will be available on Ferguson's website at corporate.ferguson.com at 6:45 a.m. ET/11:45 a.m. GMT. A conference call and webcast of the analyst and investor presentation will be broadcast at 8:30 a.m. ET/1:30 p.m. GMT on the same day. Participants can register for the webcast at corporate.ferguson.com. A slide presentation that.

Here is how Ferguson plc (FERG) and Flowserve (FLS) have performed compared to their sector so far this year.