FMP
Dec 09, 2024
Ferguson Enterprises Inc., listed on the NYSE under the symbol FERG, is a major player in the North American construction market. As the largest value-added distributor in this $340 billion industry, Ferguson offers a wide range of products and services, including plumbing, HVAC, and lighting solutions. The company serves both residential and non-residential sectors, ensuring the success of complex projects for its customers.
Ferguson is set to release its quarterly earnings on December 10, 2024, with Wall Street analysts estimating an earnings per share of $2.60 and projected revenue of approximately $7.81 billion. This announcement will be accessible on Ferguson's website at 6:45 a.m. ET, followed by a conference call and webcast for analysts and investors at 8:30 a.m. ET. Participants can register for the webcast on Ferguson's corporate website.
On December 6, 2024, Ferguson filed a Form 8-K with the U.S. Securities and Exchange Commission, discussing ordinary business matters as defined by the UK Listing Rules. This filing is available on both the SEC's and Ferguson's websites. The company's financial metrics include a price-to-earnings (P/E) ratio of 25.22, indicating the price investors are willing to pay for each dollar of earnings.
Ferguson's price-to-sales ratio stands at 1.47, suggesting the market values the company at 1.47 times its annual sales. The enterprise value to sales ratio is around 1.64, reflecting the company's total valuation compared to its sales. Additionally, the enterprise value to operating cash flow ratio is approximately 25.90, showing how the company's valuation compares to its cash flow from operations.
The company's earnings yield is about 3.97%, indicating the percentage of each dollar invested that was earned by the company. With a debt-to-equity ratio of approximately 0.70, Ferguson maintains a moderate level of debt relative to equity. The current ratio of about 1.80 suggests that Ferguson has a good level of liquidity to cover its short-term liabilities.
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