Ferguson Stock Soars On Strong Q3 Growth, Margin Gains And Upbeat Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 03 2025
0mins
Source: Benzinga
Earnings Report Highlights: Ferguson Enterprises Inc. reported third-quarter net sales of $7.62 billion, a 4.3% increase year-over-year, surpassing expectations. The company also saw improvements in gross margin and adjusted EPS, while projecting annualized savings of $100 million.
Stock Performance and Future Outlook: FERG shares rose by 13.7% to $204.98 premarket following the earnings report, with CEO Kevin Murphy expressing confidence in medium-term market conditions due to ongoing demand in residential and non-residential sectors.
Analyst Views on FERG
Wall Street analysts forecast FERG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FERG is 261.34 USD with a low forecast of 220.00 USD and a high forecast of 291.99 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
17 Analyst Rating
13 Buy
4 Hold
0 Sell
Strong Buy
Current: 251.770
Low
220.00
Averages
261.34
High
291.99
Current: 251.770
Low
220.00
Averages
261.34
High
291.99
About FERG
Ferguson Enterprises Inc. is a value-added distributor serving specialized professionals in the residential and non-residential North American construction market. The Company’s geographical segments include the United States and Canada. The Company provides a wide range of products and services, such as plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves, and fittings (PVF), water and wastewater solutions, and more. It sells through a common network of distribution centers, branches, counter service and specialist sales associates, showroom consultants and e-commerce channels. The Company serves various industries, such as plumbing, HVAC, commercial / mechanical, facilities supply, fire & fabrication, industrial, builder, waterworks. The Company’s brands include Armateck, Durastar, FNW, National Fire Products, Pollardwater, PROFLO, PROSELECT, Raptor, Signature Hardware, and Westcraft.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
