LON:AHT

Ashtead Group (AHT) Share Forecast, Price & News

GBX 5,073.60

+71.61 (+1.43%)

(As of 03:43 AM ET)

Compare

Today's Range: 5,012
▼
5,076
50-Day Range: 5,002
▼
5,762
52-Week Range: 3,962
▼
6,012

Volume: 25,657 shs
Average Volume: 669,270 shs
Market Capitalization: £22.22 billion

P/E Ratio: 1,636.65
Dividend Yield: 1.56%
Price Target: GBX 5,965.71

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines Options Chain Sustainability

Ashtead Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.71 Rating Score
Upside/Downside: 19.3% Upside
GBX 5,965.71 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.36
Upright™ Environmental Score
News Sentiment: N/A
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.

1.46 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Ashtead Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 5,965.71, Ashtead Group has a forecasted upside of 19.3% from its current price of GBX 5,002.
Amount of Analyst Coverage
Ashtead Group has only been the subject of 2 research reports in the past 90 days.

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 1.56%, 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 2,548.39%. 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.

0.6

News and Social Media Coverage

Search Interest
Only 5 people have searched for AHT on MarketBeat in the last 30 days. This is a decrease of -71% compared to the previous 30 days.
MarketBeat Follows
1 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 1,613.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 115.11.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ashtead Group is 1,613.55, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 402.26.
Price to Earnings Growth Ratio
Ashtead Group has a PEG Ratio of 1.61. 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 3.39. 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 (LON:AHT) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

AHT Stock News Headlines

October 2, 2023 | americanbankingnews.com

Ashtead Group plc (LON:AHT) Given Average Rating of "Moderate Buy" by Brokerages

September 20, 2023 | marketwatch.com

Ashtead Group rises Wednesday, still underperforms market

October 2, 2023 | Chaikin Analytics (Ad)

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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

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September 4, 2023 | msn.com

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

October 2, 2023 | Chaikin Analytics (Ad)

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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

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

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

July 3, 2023 | finance.yahoo.com

Here's Why We Think Ashtead Group (LON:AHT) Is Well Worth Watching

June 28, 2023 | uk.movies.yahoo.com

Down 11% from March, is it time to buy this FTSE 100 growth stock?

June 22, 2023 | uk.movies.yahoo.com

If I’d invested £5k in this world-class FTSE 100 share 20 years ago I’d have £2m today

June 15, 2023 | marketwatch.com

Ashtead Group rises Thursday, still underperforms market

June 13, 2023 | finance.yahoo.com

Ashtead profits jump 30% as US manufacturing comes ‘onshore’

June 13, 2023 | msn.com

Ashtead's annual profit, revenue rise on strong U.S. demand

June 8, 2023 | msn.com

Deutsche Reiterates Ashtead Group (LSE:AHT) Hold Recommendation

June 8, 2023 | finance.yahoo.com

When Should You Buy Ashtead Group plc (LON:AHT)?

June 3, 2023 | finance.yahoo.com

AHT.L - Ashtead Group plc

May 11, 2023 | marketwatch.com

Ashtead Group rises Thursday, outperforms market

May 10, 2023 | fool.com

Ashtead Group Plc (LSE: AHT)

May 5, 2023 | marketwatch.com

Ashtead Group rises Friday, outperforms market

May 3, 2023 | marketwatch.com

Ashtead Group rises Wednesday, outperforms market

See More Headlines

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AHT Company Calendar

Last Earnings: 6/16/2020
Ex-Dividend for 9/12 Dividend: 8/10/2023
Dividend Payable: 9/12/2023
Today: 10/01/2023

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 Forecast: GBX 5,965.71
High Stock Price Forecast: GBX 7,000
Low Stock Price Forecast: GBX 4,460
Forecasted Upside/Downside: +19.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.71
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 3.10
Trailing P/E Ratio: 1,613.55
Forward P/E Ratio: 13.85
P/E Growth: 1.61
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: 2.17
Cash Flow: GBX 6.09 per share
Price / Cash Flow: 820.97
Book Value: GBX 1,477 per share
Price / Book: 3.39

Miscellaneous

Outstanding Shares: 437,990,000
Free Float: N/A
Market Cap: £21.91 billion
Optionable: Optionable
Beta: 1.45

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Key Executives

Mr. Brendan Horgan (Age 49)
CEO & Exec. Director
Comp: $4.25M

Mr. Michael Richard Pratt (Age 59)
CFO & Director
Comp: $1.9M

Mr. Will Shaw
Director of Investor Relations

Mr. Eric Watkins
Gen. Counsel & Sec.

Mr. John Washburn
SVP Sales & Marketing

Mr. Anthony J. Miller
Exec. VP

Mr. Douglas McLuckie
Managing Director of ESG

Ms. Cheryl Black
Sr. VP of Culture & Engagement

Key Competitors

View All Competitors

Insiders

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

View All Insider Transactions

AHT Stock - Frequently Asked Questions

Should I buy or sell Ashtead Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last year. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023?: 7 Wall Street research analysts have issued 1-year price objectives for Ashtead Group's shares. Their AHT share price forecasts range from GBX 4,460 to GBX 7,000. On average, they predict the company's share price to reach GBX 5,965.71 in the next year. This suggests a possible upside of 19.3% from the stock's current price.
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 on January 1st, 2023. Since then, AHT stock has increased by 6.0% and is now trading at GBX 5,002.
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 the consensus estimate 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, June 13th. Shareholders of record on Thursday, August 10th will be given a dividend of GBX 0.85 per share on Tuesday, September 12th. This represents a dividend yield of 1.26%. The ex-dividend date is Thursday, August 10th. This is a positive change from the stock's previous dividend of GBX 0.15. 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 1.56%. The dividend payout ratio is 2,548.39%. 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).
What is Ashtead Group's stock symbol?: Ashtead Group trades on the London Stock Exchange (LON) under the ticker symbol "AHT."
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.
What is Ashtead Group's stock price today?: One share of AHT stock can currently be purchased for approximately GBX 5,002.
How much money does Ashtead Group make?: Ashtead Group (LON:AHT) has a market capitalization of £21.91 billion and generates £10.10 billion in revenue each year. The company earns £1.67 billion in net income (profit) each year or GBX 3.10 on an earnings per share basis.
How many employees does Ashtead Group have?: The company employs 25,982 workers across the globe.
How can I contact Ashtead Group?: Ashtead Group's mailing address is 100 Cheapside, LONDON, EC2V 6DT, United Kingdom. The official website for the company is www.ashtead-group.com. The company can be reached via phone at +44-20-77269700.

This page (LON:AHT) was last updated on 10/2/2023 by MarketBeat.com Staff

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Ashtead Group (AHT) Share Forecast, Price & News

Ashtead Group MarketRank™ Forecast

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

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ashtead Group (LON:AHT) Stock

AHT Price History

AHT Stock News Headlines

AHT Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

AHT Stock - Frequently Asked Questions

Overall MarketRank^™