FERG LN

Ferguson Plc.

Consumer, Industrial/Transportation, Event Driven/Special Sit


Presented:08/01/2019
Price:£62.30
Cap:$22.08B
Current Price:£154.30
Cap:$47.87B

Presented

Date08/01/2019
Price£62.30
Market Cap$22.08B
Ent Value$20.35B
P/E Ratio20.92x
Book Value£14.06
Div Yield1.36%
Shares O/S230.67M
Ave Daily Vol708,160
Short IntN/A

Current

Price£154.30
Market Cap$47.87B
Ferguson Plc engages in the supply of plumbing and heating products to professional contractors & consumers; repair, maintenance and improvement and new construction markets through its subsidiaries. The company was founded in 1887 and is headquartered in Wokingham, the United Kingdom.

Publicly traded companies mentioned herein: Ferguson PLC (FERG LN), Masco Corp (MAS), Pool Corporation (POOL), Watsco Inc (WSO), W.W. Grainger Inc (GWW)

Highlights

The presenter is long shares of Ferguson (FERG LN), the largest specialty distributor of plumbing supplies in the U.S. He describes it as the largest US company that you’ve never heard of and believes it could attain a strong institutional following analogous to POOLCORP (POOL) in a relatively short time frame. Trian Fund Management recently purchased 6% of the company and will look to influence a relisting of the company in the U.S. and divest the last remaining U.K. Business. If his assessment is right, you could see 40% - 60% upside in Ferguson based off of U.S. peer multiples. 

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.