Ashtead Group (OTCMKTS:ASHTY - Get Free Report) is projected to post its quarterly earnings results on Tuesday, June 17th. Analysts expect Ashtead Group to post earnings of $3.13 per share and revenue of $2.05 billion for the quarter.
Ashtead Group Stock Down 0.5%
ASHTY stock traded down $1.28 during midday trading on Wednesday, hitting $235.00. 4,487 shares of the company's stock were exchanged, compared to its average volume of 38,492. Ashtead Group has a 12-month low of $186.01 and a 12-month high of $337.95. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $25.26 billion, a price-to-earnings ratio of 16.65, a price-to-earnings-growth ratio of 1.49 and a beta of 1.67. The firm has a 50 day moving average price of $222.78 and a 200-day moving average price of $245.92.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on ASHTY shares. Morgan Stanley reiterated an "overweight" rating on shares of Ashtead Group in a research note on Wednesday, March 5th. Royal Bank of Canada lowered Ashtead Group from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 29th. Two investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy".
Check Out Our Latest Research Report on Ashtead Group
About Ashtead Group
(
Get Free Report)
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
Recommended Stories
Before you consider Ashtead Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ashtead Group wasn't on the list.
While Ashtead Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
