S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
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Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
LON:AHT

Ashtead Group (AHT) Share Price, News & Analysis

GBX 5,558
-30.00 (-0.54%)
(As of 04/19/2024 ET)
Today's Range
5,476
5,564
50-Day Range
5,028
5,796
52-Week Range
4,437
5,914
Volume
918,452 shs
Average Volume
822,829 shs
Market Capitalization
£24.31 billion
P/E Ratio
1,903.42
Dividend Yield
1.44%
Price Target
GBX 4,709.38

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
15.3% Downside
GBX 4,709.38 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.36
Upright™ Environmental Score
News Sentiment
0.86mentions of Ashtead Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.48 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

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Ashtead Group (LON:AHT) Sets New 1-Year High at $5,844.00
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Ashtead Group Share Price (AHT)
See More Headlines
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Company Calendar

Last Earnings
6/16/2020
Ex-Dividend for 2/8 Dividend
1/11/2024
Dividend Payable
2/08/2024
Today
4/19/2024

Industry, Sector and Symbol

Industry
Rental & Leasing Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
27,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 4,709.38
High Stock Price Target
GBX 7,000
Low Stock Price Target
GBX 615
Potential Upside/Downside
-15.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
£1.62 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£10.67 billion
Cash Flow
GBX 6.77 per share
Book Value
GBX 1,578 per share

Miscellaneous

Free Float
N/A
Market Cap
£24.31 billion
Optionable
Not Optionable
Beta
1.33
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Key Executives

  • Mr. Brendan Horgan (Age 51)
    CEO & Executive Director
    Comp: $3.36M
  • Mr. Michael Richard Pratt (Age 60)
    CFO & Director
    Comp: $1.9M
  • Mr. Will Shaw
    Director of Investor Relations
  • Mr. Eric Watkins (Age 69)
    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

Pros

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

  • Ashtead Group plc has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
  • The company has a low debt-to-equity ratio, which signifies a healthy balance sheet and financial stability.
  • Ashtead Group plc's stock price has been relatively stable, providing a sense of security for investors.
  • The company's recent expansion into new markets has the potential to drive future growth and increase market share.
  • Ashtead Group plc's strong presence in the construction equipment rental industry positions it well to benefit from infrastructure development projects.

Cons

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

  • The company may face challenges in a competitive market environment, potentially impacting its profitability.
  • Ashtead Group plc's performance is subject to fluctuations in the construction industry, which can affect demand for its services.
  • Changes in interest rates could impact the company's borrowing costs and financial performance.
  • Global economic uncertainties may pose risks to Ashtead Group plc's international operations and revenue streams.
  • Investors should closely monitor any regulatory changes that could affect Ashtead Group plc's operations and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Ashtead Group pros and cons to contact@marketbeat.com.

AHT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashtead Group stock right now?

8 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 5 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?

8 brokers have issued 12-month target prices for Ashtead Group's stock. Their AHT share price targets range from GBX 615 to GBX 7,000. On average, they predict the company's share price to reach GBX 4,709.38 in the next year. This suggests that the stock has a possible downside of 15.3%.
View analysts price targets for AHT
or view top-rated stocks among Wall Street analysts.

How have AHT shares performed in 2024?

Ashtead Group's stock was trading at GBX 5,462 on January 1st, 2024. Since then, AHT stock has increased by 1.8% and is now trading at GBX 5,558.
View the best growth stocks for 2024 here
.

How were Ashtead Group's earnings last quarter?

Ashtead Group plc (LON:AHT) announced its quarterly earnings data on Tuesday, June, 16th. The company reported $175.00 EPS for the quarter, missing the consensus estimate of $175.10 by $0.10. Ashtead Group had a net margin of 15.17% and a trailing twelve-month return on equity of 25.67%.

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

Ashtead Group announced a dividend on Thursday, 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 dividend yield of 0.25%. The ex-dividend date is Thursday, January 11th. The official announcement can be viewed 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 80 per share and currently has a dividend yield of 1.43%. The dividend payout ratio is 2,739.73%. 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 4/19/2024 by MarketBeat.com Staff

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