Ferguson Enterprises Inc (FERG, Financial) is set to release its Q4 2024 earnings on Sep 17, 2024. The consensus estimate for Q4 2024 revenue is $8.01 billion, and the earnings are expected to come in at $2.71 per share. The full year 2024's revenue is expected to be $29.74 billion and the earnings are expected to be $9.07 per share. More detailed estimate data can be found on the Estimates page.
Ferguson Enterprises Inc (FERG, Financial) Estimates Trends
Revenue estimates for Ferguson Enterprises Inc (FERG) have declined from $29.78 billion to $29.74 billion for the full year 2024 and from $31.34 billion to $31.16 billion for 2025 over the past 90 days. Earnings estimates for Ferguson Enterprises Inc (FERG) have declined from $9.09 per share to $9.07 per share for the full year 2024 and from $10.15 per share to $10.10 per share for 2025 over the past 90 days.
Ferguson Enterprises Inc (FERG, Financial) Reported History
In the previous quarter of April 30, 2024, Ferguson Enterprises Inc's (FERG) actual revenue was $7.31 billion, which missed analysts' revenue expectations of $7.35 billion by -0.62%. Ferguson Enterprises Inc's (FERG) actual earnings were $2.18 per share, which met analysts' earnings expectations. After releasing the results, Ferguson Enterprises Inc (FERG) was down by -2.92% in one day.
Ferguson Enterprises Inc (FERG, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 15 analysts, the average target price for Ferguson Enterprises Inc (FERG) is $226.07 with a high estimate of $263 and a low estimate of $172. The average target implies an upside of 17.09% from the current price of $193.07.
Based on GuruFocus estimates, the estimated GF Value for Ferguson Enterprises Inc (FERG, Financial) in one year is $176.88, suggesting a downside of -8.39% from the current price of $193.07.
Based on the consensus recommendation from 17 brokerage firms, Ferguson Enterprises Inc's (FERG, Financial) average brokerage recommendation is currently 2.1, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
