Ferguson Enterprises (FERG) Leans On HVAC Expansion As Undervalued View Holds

Ferguson Enterprises stock reaction Ferguson Enterprises (FERG) has attracted fresh attention after its recent share performance, with the stock flat on the day but showing mixed returns over the past week, month and past 3 months. Investors are weighing that price action against a market value of about US$42.8b and reported annual revenue of US$31.4b, while the business reports annual net income of roughly US$2.0b from its water and air distribution operations. Recent trading in Ferguson...