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S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts
S&P 500   4,549.34
DOW   36,054.43
QQQ   385.05
14 best consumer staples dividend stocks
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ex dividend date vs record date: What’s the difference?
How to find blue-chip dividend stocks
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What is the consumer staples sector?
6 best online and direct marketing retail stocks to invest in
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
What does consumer price index measure?
Last chance to set up your portfolio for OPEC cuts

Ashtead Group Share Price, News & Analysis (LON:AHT)

GBX 4,847
+112.00 (+2.37%)
(As of 12/6/2023 ET)
Compare
Today's Range
4,751
4,888
50-Day Range
4,667
5,256
52-Week Range
4,386
6,012
Volume
833,016 shs
Average Volume
698,170 shs
Market Capitalization
£21.22 billion
P/E Ratio
1,621.07
Dividend Yield
1.63%
Price Target
GBX 4,675

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
3.5% Downside
GBX 4,675 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.36
Upright™ Environmental Score
News Sentiment
-0.17mentions of Ashtead Group in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
£776.10 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.57 out of 5 stars


AHT stock logo

About Ashtead Group Stock (LON:AHT)

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. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 1,094 stores in the United States, 119 stores in Canada, and 185 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom.

AHT Stock Price History

AHT Stock News Headlines

Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
Energy Storage Trend Ignites Frenzy Over Vanadium Supply
As the world shifts to renewables such as wind and solar, how will we store all this energy? Vanadium batteries are the breakthrough that some experts predict will be the future of grid-scale energy storage. The problem is, only 5% of vanadium is mined in the U.S. - and China and Russia have a stranglehold on our supply.
Ashtead (ASHTY) FY24 Revenue Forecast Down, Shares Fall
I’ve been buying these UK shares for 2024
Ashtead Group rises Wednesday, still underperforms market
FTSE 100: Ashtead Group Shares Decline on Higher Profits but Weak Outlook
9 stocks that Fools have been buying!
See More Headlines
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Company Calendar

Last Earnings
6/16/2020
Ex-Dividend for 9/12 Dividend
8/10/2023
Dividend Payable
9/12/2023
Today
12/06/2023

Industry, Sector and Symbol

Industry
Rental & Leasing Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
25,982
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 4,675
High Stock Price Target
GBX 7,000
Low Stock Price Target
GBX 615
Potential Upside/Downside
-3.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
£1.67 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£10.10 billion
Cash Flow
GBX 5.90 per share
Book Value
GBX 1,477 per share

Miscellaneous

Free Float
N/A
Market Cap
£21.22 billion
Optionable
Not Optionable
Beta
1.34
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Key Executives

  • Mr. Brendan Horgan (Age 49)
    CEO & Executive Director
    Comp: $3.36M
  • Mr. Michael Richard Pratt (Age 59)
    CFO & Director
    Comp: $1.9M
  • Mr. Will Shaw
    Director of Investor Relations
  • Mr. Eric Watkins
    General Counsel & Secretary
  • Mr. John Washburn
    SVP Sales & Marketing
  • Mr. Anthony J. Miller
    Executive Vice President
  • Mr. Douglas McLuckie
    Managing Director of ESG
  • Ms. Cheryl Black
    Senior Vice President of Culture & Engagement

Should I Buy Ashtead Group Stock? AHT Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ashtead Group was last updated on Tuesday, November 28, 2023 at 10:11 PM.

Pros

Here are some ways that investors could benefit from investing in Ashtead Group plc:

  • Strong presence in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada.
  • Diverse range of products and services offered, including pumps, power generation, heating, cooling, scaffolding, and more, catering to various industries and sectors.
  • Wide customer base, serving facilities maintenance and municipalities, construction projects, emergency response situations, and entertainment and special events.
  • Operates a large number of stores in key markets, with 1,094 stores in the United States, 119 stores in Canada, and 185 stores in the United Kingdom.
  • Recent price target increase by Canaccord Genuity Group to GBX 475, indicating positive sentiment and potential for growth.

Cons

Investors should be bearish about investing in Ashtead Group plc for these reasons:

  • Dependence on the construction and industrial sectors, which can be cyclical and subject to economic downturns.
  • Competition from other rental and leasing services providers in the market.
  • Potential impact of regulatory changes or government policies on the rental and leasing industry.
  • Risks associated with the company's international operations, including currency fluctuations and geopolitical uncertainties.
  • Investors should carefully consider the current stock price and conduct thorough analysis before making investment decisions.














AHT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashtead Group stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" AHT shares.
View AHT analyst ratings
or view top-rated stocks.

What is Ashtead Group's stock price target for 2024?

9 brokerages have issued 1 year price targets for Ashtead Group's stock. Their AHT share price targets range from GBX 615 to GBX 7,000. On average, they expect the company's share price to reach GBX 4,675 in the next twelve months. This suggests that the stock has a possible downside of 3.5%.
View analysts price targets for AHT
or view top-rated stocks among Wall Street analysts.

How have AHT shares performed in 2023?

Ashtead Group's stock was trading at GBX 4,720 at the beginning of the year. Since then, AHT stock has increased by 2.7% and is now trading at GBX 4,847.
View the best growth stocks for 2023 here
.

How were Ashtead Group's earnings last quarter?

Ashtead Group plc (LON:AHT) announced its quarterly earnings results on Tuesday, June, 16th. The company reported $175.00 EPS for the quarter, missing analysts' consensus estimates of $175.10 by $0.10. Ashtead Group had a net margin of 16.52% and a trailing twelve-month return on equity of 28.42%.

How often does Ashtead Group pay dividends? What is the dividend yield for Ashtead Group?

Ashtead Group announced a dividend on Tuesday, December 5th. Stockholders of record on Thursday, January 11th will be given a dividend of GBX 0.16 per share on Thursday, February 8th. This represents a yield of 0.25%. The ex-dividend date is Thursday, January 11th. The official announcement can be seen at this link.
Read our dividend analysis for AHT
.

Is Ashtead Group a good dividend stock?

Ashtead Group (LON:AHT) pays an annual dividend of GBX 79 per share and currently has a dividend yield of 1.62%. The dividend payout ratio is 2,642.14%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for AHT.

What other stocks do shareholders of Ashtead Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashtead Group investors own include Associated British Foods (ABF), Intelsat (I), Fossil Group (FOSL), HSBC (HSBA), Chaarat Gold (CGH), Bank of America (BAC), easyJet (EZJ), AMC Entertainment (AMC), First Data (FDC) and Ciena (CIEN).

How do I buy shares of Ashtead Group?

Shares of AHT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:AHT) was last updated on 12/7/2023 by MarketBeat.com Staff

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