Ferguson (FERG)

Sector:

Support

15,820.00p
   
  • Change Today:
    -295.00p
  • 52 Week High: 17,685.00
  • 52 Week Low: 11,665.00
  • Currency: UK Pounds
  • Shares Issued: 201.81m
  • Volume: 64,447
  • Market Cap: £31,926m

US new home sales rise more quickly than anticipated in March

By Alexander Bueso

Date: Tuesday 23 Apr 2024

LONDON (ShareCast) - (Sharecast News) - New home sales in the U.S. jumped last month, rising at their strongest clip since September 2023.
According to the Department of Commerce, in seasonally adjusted terms new home sales jumped at a month-on-month pace of 8,8% to reach 693,000.

Economists had penciled-in 668,000.

That followed a downwards revision to the prior month's figure from 662,000 to 637,000.

The median sales price of a new home sold in March was $430,700, against $406,500 during the previous month.

The inventory of new homes available for sale fell from the equivalent of 8.8 months' worth to 8.3.

"It is encouraging that new home sales rose by such a large margin in March, despite mortgage rates hovering around 7% for most of the same month," said Thomas Ryan, property economist at Capital Economics.

"The upshot is we expect new home sales to reach 825,000 annualized by end-2026, higher than they were at any point post-GFC barring a brief pandemic spike."



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Wolseley Market Data

Currency UK Pounds
Share Price 15,820.00p
Change Today -295.00p
% Change -1.83 %
52 Week High 17,685.00
52 Week Low 11,665.00
Volume 64,447
Shares Issued 201.81m
Market Cap £31,926m

Wolseley Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.18% below the market average76.18% below the market average76.18% below the market average76.18% below the market average76.18% below the market average
71.74% below the sector average71.74% below the sector average71.74% below the sector average71.74% below the sector average71.74% below the sector average
Price Trend
79.91% above the market average79.91% above the market average79.91% above the market average79.91% above the market average79.91% above the market average
62.00% above the sector average62.00% above the sector average62.00% above the sector average62.00% above the sector average62.00% above the sector average
Income
82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average82.85% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Growth
7.43% below the market average7.43% below the market average7.43% below the market average7.43% below the market average7.43% below the market average
12.24% below the sector average12.24% below the sector average12.24% below the sector average12.24% below the sector average12.24% below the sector average

What The Brokers Say

Strong Buy 6
Buy 10
Neutral 7
Sell 2
Strong Sell 0
Total 25
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Wolseley Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 13-Jun-24 14-Mar-24
Paid 31-Jul-24 07-May-24
Amount 79.00¢ 79.00¢

Trades for 14-Jun-2024

Time Volume / Share Price
16:35 16,884 @ 15,820.00p
16:35 38 @ 15,820.00p
16:35 108 @ 15,820.00p
16:35 443 @ 15,820.00p
16:35 26 @ 15,820.00p

Wolseley Key Personnel

CEO Kevin Murphy
Chair Geoffrey Drabble

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