Ferrovial SE (NASDAQ:FER) Receives Average Recommendation of “Hold” from Brokerages

Ferrovial SE (NASDAQ:FER) has been assigned an average rating of “Hold” from the seven analysts that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $73.1150.

A number of research firms have commented on FER. Jefferies Financial Group downgraded shares of Ferrovial from a “buy” rating to a “hold” rating and increased their price objective for the company from $70.42 to $70.93 in a research note on Monday, March 9th. Weiss Ratings downgraded shares of Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a research note on Thursday, March 5th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Signaturefd LLC lifted its position in shares of Ferrovial by 1,089.1% in the 4th quarter. Signaturefd LLC now owns 547 shares of the company’s stock worth $35,000 after buying an additional 501 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of Ferrovial by 80.9% in the 4th quarter. Cullen Frost Bankers Inc. now owns 586 shares of the company’s stock worth $38,000 after buying an additional 262 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Ferrovial by 118.6% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $39,000 after buying an additional 364 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Ferrovial by 136.8% in the 1st quarter. Blue Trust Inc. now owns 779 shares of the company’s stock worth $51,000 after buying an additional 450 shares during the last quarter. Finally, Larson Financial Group LLC lifted its position in shares of Ferrovial by 240.2% in the 3rd quarter. Larson Financial Group LLC now owns 973 shares of the company’s stock worth $57,000 after buying an additional 687 shares during the last quarter. 22.28% of the stock is currently owned by institutional investors.

Ferrovial Stock Down 1.7%

NASDAQ FER opened at $66.89 on Friday. Ferrovial has a 12 month low of $50.07 and a 12 month high of $74.79. The company has a current ratio of 1.13, a quick ratio of 1.05 and a debt-to-equity ratio of 1.25. The company’s fifty day moving average price is $67.39 and its two-hundred day moving average price is $67.22.

Ferrovial (NASDAQ:FER) last posted its quarterly earnings data on Saturday, February 14th. The company reported $0.32 EPS for the quarter. The company had revenue of $3.19 billion for the quarter.

About Ferrovial

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.