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LON:AHT

Ashtead Group (AHT) Share Price, News & Analysis

GBX 5,284
-142.00 (-2.62%)
(As of 07/19/2024 ET)
Today's Range
5,266
5,404
50-Day Range
5,030
6,086
52-Week Range
4,437
6,180
Volume
529,587 shs
Average Volume
838,591 shs
Market Capitalization
£23.06 billion
P/E Ratio
1,815.81
Dividend Yield
1.51%
Price Target
GBX 4,933.13

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
6.6% Downside
GBX 4,933.13 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.36
Upright™ Environmental Score
News Sentiment
0.55mentions of Ashtead Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
£211.39 M Sold Last Quarter
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.

0.90 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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Company Calendar

Last Earnings
6/16/2020
Today
7/21/2024
Ex-Dividend for 9/10 Dividend
8/08/2024
Dividend Payable
9/10/2024

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 4,933.13
High Stock Price Target
GBX 7,000
Low Stock Price Target
GBX 615
Potential Upside/Downside
-6.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
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 6.44 per share
Book Value
GBX 1,578 per share

Miscellaneous

Free Float
N/A
Market Cap
£23.06 billion
Optionable
Not Optionable
Beta
1.29
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Key Executives

  • Mr. Brendan Horgan (Age 51)
    CEO & Executive Director
    Comp: $3.41M
  • 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 received a consensus recommendation of "Moderate Buy" from analysts, indicating positive sentiment from the market experts.
  • Recent analyst reports have reiterated "buy" ratings on Ashtead Group, with price targets suggesting potential upside from the current stock price.
  • Ashtead Group's stock price has shown an upward trend, trading higher recently, which could indicate positive momentum.
  • The company operates in the construction, industrial, and general equipment rental business, which can provide stable revenue streams and growth opportunities.
  • Ashtead Group has a strong market capitalization and a diversified presence in the United States, the United Kingdom, and Canada, offering geographic diversification benefits.

Cons

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

  • Ashtead Group's stock has a high debt-to-equity ratio of 162.35, which may indicate higher financial risk and leverage compared to industry peers.
  • The company's P/E ratio of 1,909.97 is significantly higher than industry averages, potentially signaling overvaluation or high investor expectations.
  • While some analysts have issued "buy" ratings, others have rated the stock as "hold," suggesting mixed opinions on the company's future performance.
  • Ashtead Group's stock price has experienced volatility, with fluctuations in the past, which could pose risks for short-term investors.
  • The company's price-to-earnings-growth ratio of 1.26 may indicate that the stock is not undervalued based on its growth prospects, potentially limiting upside potential.
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 Friday, July 5, 2024. Please send any questions or comments about these Ashtead Group pros and cons to contact@marketbeat.com.

AHT Stock Analysis - Frequently Asked Questions

How have AHT shares performed this year?

Ashtead Group's stock was trading at GBX 5,462 at the beginning of the year. Since then, AHT shares have decreased by 3.3% and is now trading at GBX 5,284.
View the best growth stocks for 2024 here
.

How were Ashtead Group's earnings last quarter?

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

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.
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What other stocks do shareholders of Ashtead Group own?

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

This page (LON:AHT) was last updated on 7/21/2024 by MarketBeat.com Staff

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