Ferguson plc

Equities

FERG

JE00BJVNSS43

Construction Supplies & Fixtures

Real-time Estimate Cboe BZX Other stock markets 10:47:57 2024-04-25 am EDT			5-day change	1st Jan Change
209.2 ^USD	+0.02%		-0.69%	+7.78%

Apr. 21	Ocado facing call to shift listing from London - Telegraph	AN
Apr. 10	Shell former head believes US listing is more beneficial	AN

Ferguson taps JP Morgan for USD145 million share buyback

January 16, 2023 at 04:40 am EST

Ferguson PLC - Wokingham, England-based, US-focused plumbing and heating products supplier operated from Newport News, Virginia - Appoints JP Morgan Securities to conduct the next tranche of its USD2.5 billion share buyback. JP Morgan will buy back up to USD145 million in shares over a period starting from Monday and ending no later than March 20. Shareholders back in November approved Ferguson buying back up to 20.8 million shares, currently worth GBP2.36 billion, to reduce the capital of the company.

Current stock price: 11,385.97 pence, up 0.4% on Monday morning in London

12-month change: down 9.1%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Latest news about Ferguson plc

Ocado facing call to shift listing from London - Telegraph	Apr. 21	AN
Shell former head believes US listing is more beneficial	Apr. 10	AN
Shell could make London exit if value gap to US does not close	Apr. 09	AN
Goldman Sachs Boosts Ferguson PT, Keeps Buy Rating	Mar. 22	MT
RBC cuts St James's Place; HSBC cuts Ascential	Mar. 22	AN
ANALYST RECOMMENDATIONS : 3M Company, Snowflake, Splunk, Micron, Nvidia...	Mar. 19
Ferguson Initiates $220 Million Share Repurchase Program With Barclays Capital	Mar. 15	MT
Jefferies Adjusts Price Target on Ferguson to $244 From $222, Maintains Buy Rating	Mar. 06	MT
UBS Adjusts Ferguson Price Target to $236 From $225, Maintains Buy Rating	Mar. 06	MT
Baird Adjusts Price Target on Ferguson to $222 From $205, Maintains Outperform Rating	Mar. 06	MT
RBC Raises Price Target on Ferguson to $217 From $202, Sees 'Growth Inflection Coming,' Keeps Outperform Rating	Mar. 06	MT
FERGUSON : A softer showing in the Q2; H2 set to be better	Mar. 06
Ferguson interim profit falls amid lower sales but lifts dividend	Mar. 05	AN
Transcript : Ferguson plc, Q2 2024 Earnings Call, Mar 05, 2024	Mar. 05
Ferguson Fiscal Q2 Adjusted Earnings, Revenue Fall; Reaffirms 2024 Outlook; Shares Down Pre-Bell	Mar. 05	MT
Tranche Update on Ferguson plc's Equity Buyback Plan announced on September 28, 2021.	Mar. 05	CI
Earnings Flash (FERG) FERGUSON Reports Q2 Revenue $6.67B, vs. Street Est of $6.76B	Mar. 05	MT
Earnings Flash (FERG) FERGUSON Posts Q2 EPS $1.74, vs. Street Est of $1.84	Mar. 05	MT
Ferguson plc Declares Quarterly Dividend, Payable on May 7, 2024	Mar. 05	CI
Ferguson plc Provides Earnings Guidance for the Year 2024	Mar. 05	CI
Ferguson plc Reports Earnings Results for the Second Quarter and Six Months Ended January 31, 2024	Mar. 05	CI
Ferguson plc (NYSE : FERG) completed the acquisition of Yorkwest Plumbing Supply Inc.	Mar. 04	CI
Indivior swings to profit as eyes primary listing move to US	Feb. 22	AN
The market faces a choice	Feb. 14
ANALYST RECOMMENDATIONS : Biogen, Gsk, Hp Inc, Palantir, Walt Disney...	Feb. 14

Chart Ferguson plc

Duration

Period

More charts

Company Profile

Ferguson plc is a distributor engaged in providing solutions, and products from infrastructure, plumbing and appliances to heating, ventilation and air conditioning (HVAC), fire, fabrication, and more. Its USA segment operates primarily under the Ferguson brand and provides solutions, and products, from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more, to residential and non-residential contractors. Its products are delivered through a common network of distribution centers, branches and specialist sales associates, counter service, showroom consultants and e-commerce. The Canada segment operates primarily under the Wolseley brand and supplies plumbing, HVAC, and refrigeration products to residential and commercial contractors. The Canada segment also supplies specialist water and wastewater treatment products to residential, commercial and infrastructure contractors, and supplies pipe, valves, and fittings (PVF) solutions to industrial customers.

Sector

Construction Supplies & Fixtures

Calendar

2024-05-30 - Extraordinary Shareholders Meeting

More about the company

Income Statement Evolution

More financial data

Analysis / Opinion

FERGUSON : A softer showing in the Q2; H2 set to be better

March 06, 2024 at 03:42 am EST

More Strategies

Ratings for Ferguson plc

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

209.2 USD

Average target price

214.5 USD

Spread / Average Target

+2.53%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Construction Supplies & Fixtures Wholesale

	1st Jan change	Capi.
FERGUSON PLC	+7.78%	42.31B
REECE LIMITED	+23.76%	11.61B
BEACON ROOFING SUPPLY, INC.	+10.40%	6.18B
BOISE CASCADE COMPANY	+3.50%	5.43B
CHIN HIN GROUP	+39.66%	1.83B
BLUELINX HOLDINGS INC.	-2.51%	973M
ADENTRA INC.	+34.50%	699M
DOMAN BUILDING MATERIALS GROUP LTD.	-7.96%	491M
SIG PLC	-19.16%	396M
NORDIC WATERPROOFING HOLDING A/S	+1.09%	366M

Construction Supplies & Fixtures Wholesale