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 .

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

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Sustainability

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: -0.17
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

2.3

Analyst's Opinion

Consensus Rating
Ashtead Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 4,675, Ashtead Group has a forecasted downside of 3.5% from its current price of GBX 4,847.
Amount of Analyst Coverage
Ashtead Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for AHT.

0.8

Dividend Strength

Dividend Yield
Ashtead Group pays a meaningful dividend of 1.62%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ashtead Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ashtead Group is 2,642.14%. Payout ratios above 75% are not desirable because they may not be sustainable.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ashtead Group has received a 29.29% net impact score from Upright. Ashtead seems to create the most significant positive value in categories "Taxes", "Jobs", and "Waste". The positive contribution in the "Waste" impact category is mostly driven by its "Press machine rentals", "Conveyor system rentals", "Crawler loader rentals", "Wheel tractor-scraper rentals", "Skid-steer loader rentals", and "Construction crane rentals" products. See details.
Environmental Sustainability
The Environmental Impact score for Ashtead Group is -0.36.

1.6

News and Social Media Coverage

News Sentiment
Ashtead Group has a news sentiment score of -0.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.43 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Ashtead Group this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for AHT on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.
MarketBeat Follows
2 people have added Ashtead Group to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ashtead Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £7,761,000 in company stock.
Percentage Held by Insiders
Only 1.14% of the stock of Ashtead Group is held by insiders.
Percentage Held by Institutions
59.62% of the stock of Ashtead Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Ashtead Group is 1,621.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 116.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ashtead Group is 1,621.07, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 364.88.
Price to Earnings Growth Ratio
Ashtead Group has a PEG Ratio of 1.66. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Ashtead Group has a P/B Ratio of 3.28. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

AHT Stock News Headlines

December 6, 2023 | msn.com

Ashtead Defies Recent Warning with Upbeat First Half Performance

December 5, 2023 | americanbankingnews.com

Ashtead Group (LON:AHT) Given New GBX 700 Price Target at Berenberg Bank

December 7, 2023 | Edge On The Street (Ad)

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.

December 5, 2023 | americanbankingnews.com

Ashtead Group (LON:AHT) Downgraded to Hold at Canaccord Genuity Group

December 1, 2023 | msn.com

This is one of the FTSE 100’s best growth stocks. And right now, it’s cheap

November 28, 2023 | finanznachrichten.de

Ashtead Group Projects H1 Adj. Profit Before Tax Growth Of 5%; Sees FY Result Below Market View

November 24, 2023 | msn.com

Down 25%, this growth stock is a top contender for my portfolio

November 23, 2023 | msn.com

Ashtead shares fall after a profit warning! Time to buy the dip?

December 7, 2023 | Edge On The Street (Ad)

Energy Storage Trend Ignites Frenzy Over Vanadium Supply

November 21, 2023 | msn.com

FTSE 100: Ashtead Shares Decline on Reduced Revenue Outlook

November 21, 2023 | msn.com

Down 10%! Is this top FTSE 100 share now an early Black Friday bargain?

November 21, 2023 | finance.yahoo.com

Ashtead (ASHTY) FY24 Revenue Forecast Down, Shares Fall

November 20, 2023 | msn.com

FTSE 100 starts week on glum note as Ashtead tanks on disappointing profit outlook

November 20, 2023 | msn.com

UK's Ashtead sees profit below estimates on $2 bln charge, weak US business

October 28, 2023 | msn.com

2 FTSE 100 dividend stocks I plan to hold for 10 years!

October 8, 2023 | fool.co.uk

I’ve been buying these UK shares for 2024

September 20, 2023 | marketwatch.com

Ashtead Group rises Wednesday, still underperforms market

September 5, 2023 | markets.businessinsider.com

FTSE 100: Ashtead Group Shares Decline on Higher Profits but Weak Outlook

September 5, 2023 | msn.com

UK stocks fall on China gloom; Ashtead slides on weak outlook

September 5, 2023 | msn.com

Here’s why the Ashtead share price dipped 5% today

September 5, 2023 | msn.com

Best British shares to consider buying in September

September 4, 2023 | msn.com

Up 150% in 5 years, should I buy this growth stock?

August 30, 2023 | uk.movies.yahoo.com

Should I buy these FTSE 100 dividend stocks in September? Here’s what the charts say

August 26, 2023 | nasdaq.com

AEPGX - EUROPACIFIC GROWTH FUND Discloses $248.24K Position in Ashtead Group (LSE:AHT)

August 9, 2023 | msn.com

These 2 FTSE 100 stocks have outperformed Amazon over 10 years!

July 16, 2023 | uk.news.yahoo.com

9 stocks that Fools have been buying!

July 8, 2023 | uk.finance.yahoo.com

“To date, the best-performing investment in my Stocks and Shares ISA is…”

See More Headlines

Receive AHT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ashtead Group and its competitors with MarketBeat's FREE daily newsletter.

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

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Rental & Leasing Services
Sub-Industry: N/A
Sector: Industrials
Current Symbol: LON:AHT
CUSIP: N/A
CIK: N/A
Web: www.ashtead-group.com
Phone: +44-20-77269700
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

EPS (Most Recent Fiscal Year): GBX 2.99
Trailing P/E Ratio: 1,621.07
Forward P/E Ratio: 14.82
P/E Growth: 1.66
Net Income: £1.67 billion
Net Margins: 16.52%
Pretax Margin: N/A
Return on Equity: 28.42%
Return on Assets: 9.02%

Debt

Debt-to-Equity Ratio: 150.21
Current Ratio: 1.11
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: £10.10 billion
Price / Sales: 2.10
Cash Flow: GBX 5.90 per share
Price / Cash Flow: 820.97
Book Value: GBX 1,477 per share
Price / Book: 3.28

Miscellaneous

Outstanding Shares: 437,700,000
Free Float: N/A
Market Cap: £21.22 billion
Optionable: Not Optionable
Beta: 1.34

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

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

Key Competitors

View All Competitors

Insiders

Brendan Horgan
Sold 150,000 shares
Total: £776.10 M ($5,174.00/share)

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

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

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

Ashtead Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ashtead Group Stock (LON:AHT)

AHT Stock Price History

AHT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

AHT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™