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LON:AT

Ashtead Technology (AT) Share Price, News & Analysis

Ashtead Technology logo
GBX 589
+37.00 (+6.70%)
(As of 10/30/2024 ET)

About Ashtead Technology Stock (LON:AT)

Key Stats

Today's Range
540
633.97
50-Day Range
535
807
52-Week Range
426
893
Volume
1.78 million shs
Average Volume
N/A
Market Capitalization
£472.97 million
P/E Ratio
1,963.33
Dividend Yield
0.17%
Price Target
GBX 830
Consensus Rating
Buy

Company Overview

Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products. It also provides mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and diver tooling, intervention skids, topside support, recovery tools, ancillary deck equipment, and fabrication solutions. In addition, the company offers asset integrity solutions, including imaging and inspection, oceanographic, marine growth removal, monitoring, mooring and riser inspection, environmental monitoring, offshore construction and life of asset monitoring, offshore wind foundation inspection, analysis, 3D imaging and metrology, and remote operations. It serves the renewables, oil and gas, and infrastructure and industrial markets. The company was formerly known as Redhill PLC and changed its name to Ashtead Technology Holdings Plc in November 2021. Ashtead Technology Holdings Plc was founded in 1985 and is headquartered in Westhill, the United Kingdom.

Ashtead Technology Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
43rd Percentile Overall Score

AT MarketRank™: 

Ashtead Technology scored higher than 43% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ashtead Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ashtead Technology has only been the subject of 2 research reports in the past 90 days.

  • Read more about Ashtead Technology's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ashtead Technology is 1,963.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ashtead Technology is 1,963.33, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 104.16.

  • Price to Book Value per Share Ratio

    Ashtead Technology has a P/B Ratio of 4.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for AT.
  • Dividend Yield

    Ashtead Technology has a dividend yield of 0.19%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ashtead Technology does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ashtead Technology is 333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Ashtead Technology's dividend.
  • Short Interest

    There is no current short interest data available for AT.
  • News Sentiment

    Ashtead Technology has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Ashtead Technology this week, compared to 1 article on an average week.
  • Search Interest

    19 people have searched for AT on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Ashtead Technology to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ashtead Technology insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.28% of the stock of Ashtead Technology is held by insiders.

  • Percentage Held by Institutions

    75.91% of the stock of Ashtead Technology is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ashtead Technology's insider trading history.
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AT Stock News Headlines

Tim Sykes’ Urgent Trade Alert: “Make this move now”
WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT about Trump or Biden dropping out of the race…
Ashtead Technology Holdings PLC (AT) Receives a Buy from RBC Capital
See More Headlines

AT Stock Analysis - Frequently Asked Questions

Ashtead Technology's stock was trading at GBX 614 at the beginning of the year. Since then, AT stock has decreased by 4.1% and is now trading at GBX 589.
View the best growth stocks for 2024 here
.

Shares of AT 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ashtead Technology investors own include Oxford Biomedica (OXB), AutoZone (AZO), GSK (GSK), Intel (INTC), Oxford Instruments (OXIG), Phoenix Group (PHNX) and Prudential (PRU).

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Equipment & Services
Sub-Industry
Utilities
CIK
N/A
Fax
N/A
Employees
559
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 830
High Stock Price Target
GBX 860
Low Stock Price Target
GBX 800
Potential Upside/Downside
+40.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
£24.52 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£141.07 million
Cash Flow
GBX 9.95 per share
Book Value
GBX 138 per share

Miscellaneous

Free Float
N/A
Market Cap
£472.97 million
Optionable
Not Optionable
Beta
0.28
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This page (LON:AT) was last updated on 10/31/2024 by MarketBeat.com Staff
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