Berenberg Bank cut shares of Ferguson Enterprises Inc. /DE/ (NYSE:FERG – Free Report) from a strong-buy rating to a hold rating in a report released on Thursday morning,Zacks.com reports.
Separately, Wall Street Zen upgraded shares of Ferguson Enterprises Inc. /DE/ from a “hold” rating to a “buy” rating in a research note on Saturday.
View Our Latest Report on Ferguson Enterprises Inc. /DE/
Ferguson Enterprises Inc. /DE/ Price Performance
Ferguson Enterprises Inc. /DE/ (NYSE:FERG – Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The company reported $2.50 EPS for the quarter, beating the consensus estimate of $2.01 by $0.49. The business had revenue of $7.62 billion for the quarter, compared to analyst estimates of $7.41 billion.
About Ferguson Enterprises Inc. /DE/
Ferguson Enterprises Inc distributes plumbing and heating products in North America. The company provides expertise, solutions, and products, including infrastructure, plumbing, appliances, fire, and fabrication, as well as heating, ventilation, and air conditioning (HVAC) to residential and non-residential customers.
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