Ferguson Enterprises Share Discussion Threads

[arja] 10/11/2020 12:40

true imastu . Not sure why it is down a lot today but maybe some bad news not yet announced . I must check if any stories on ADVFN

[imastu pidgitaswell] 08/10/2020 14:23

Aaaargh, yes. Came across this in June but got distracted and forgot about it.

Pity the board hasn't been busier - would have been very profitable to buy in June.

[arja] 08/10/2020 13:09

thread for a stock with such a lovely uptrending chart which is now a NOR situation

[arja] 08/10/2020 13:08

very quiet thre

[arja] 01/7/2020 08:33

quiet thread for a nice uptrending stock ! Took a hit today on the news .

[our haven] 03/3/2020 22:25

12 shares repurchased for treasury. What are they doing with such a small trade?

[brummy_git] 18/2/2020 06:54

All the latest building products valuation multiples & KPIs can be found here, including FERG

[our haven] 04/2/2020 07:16

Buyback announced for $500m. Should see a strong opening this morning.

[dplewis1] 15/1/2020 21:16

Don't click the link it takes you to some dreadful twitter feed with terrible stock picks from some bloke who tweets 500 times a day from his mum's spare room!

[arja] 24/12/2019 12:08

nice looking chart ! Does a weak pound help them as cable looks liklely to be downtrending for a while as a NO DEAL brexit looks quite likely at end of next year ??

[our haven] 17/12/2019 16:59

Look at that trade for half the days trading at a above premium price.Could it be there is a takeover in the air? Someone is building a position for some reason.

[our haven] 03/12/2019 08:21

Quarterly update in line with expectations so I would expect no significant movement of the share price this time around. The odd warning in there UK and Canada markets disappointing but they continue to grow in the all important US market.

[our haven] 01/10/2019 07:21

Great results today strong across the board. Market will like, happy days.

[our haven] 10/6/2019 10:35

Broad wood- Disappointing US growth hence the fall. Still a growth story but just not as fast.

[broadwood] 10/6/2019 09:48

- Plumbing and heating products group Ferguson announced a $500m share buyback programme as revenue grew 6% in the fiscal third quarter.

'Given our strong financial position, and in line with our capital allocation policy, we are initiating a $500 million share buy back programme which we expect to complete over the next 12 months,' the company said.

For the 3 months to 30 April, trading profit rose 2.3% to $359m and revenue increased 6.2% to $5.27bn.

Gross margins continued to improve, up 20 basis points to 29.5% and operating costs were well controlled, the company said.

The US business, which accounted for the bulk of overall growth, grew revenue 3.3% on an organic basis with acquisitions contributing a further 5.1%. In line with its guidance at the half year, the company saw the overall market environment moderated to low growth.

The company expected trading profit to meet analysts' consensus for 2019 of about $1,585m (ranging from $1,570m to $1,597m).

'Cash generation continued to be excellent and our balance sheet remains strong. We will continue to invest organically in our businesses supplemented by bolt-on acquisitions in our core operations, the company said.

[bradbury3559] 05/6/2019 10:42

Come join the party #BBSN

[blueliner] 26/3/2019 20:24

Results were today, punished for having a slowdown in growth, still attractive, despite all.

[jrphoenixw2] 26/3/2019 20:11

Thx both, I'll observe closley. It wasn't as firmly on my radar yet to realise it has results tomorrow; will be interesting to see.

[scobak] 25/3/2019 20:01

Results tomorrow.
I have a lovely warm feeling for this share, but should I have sold out at £66?
It has made some good money for me in the last 7 years.

[jrphoenixw2] 25/3/2019 13:48

I just found this board today (I follows others on ADVFN), and am surprised to see such low activity for a FTSE-100 share; perhaps it's not enough of a 'household name'... or are there other FERG topics in parallel with this one?

Either way, I haven't held this share before, though have long known it's name/business. I was doing a DivYield% based sift of the FTSE-100 and it came up as meriting a closer look. The financials, in general, look pretty good, so I might consider adding this to my portfolio.

Does anyone else who holds this, or has recently run the fins/ratings/results etc have a current feel for whether it merits buying? Thx