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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
LON:AHT

Ashtead Group (AHT) Share Price, News & Analysis

GBX 5,640
+76.00 (+1.37%)
(As of 03/28/2024 07:39 PM ET)
Today's Range
5,548
5,666
50-Day Range
4,809
5,728
52-Week Range
4,386
5,794
Volume
885,720 shs
Average Volume
833,165 shs
Market Capitalization
£24.67 billion
P/E Ratio
1,931.51
Dividend Yield
1.42%
Price Target
GBX 4,709.38

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
16.5% 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
N/A
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.

0.45 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 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
3/28/2024

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
-16.5%
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 6.87 per share
Book Value
GBX 1,578 per share

Miscellaneous

Free Float
N/A
Market Cap
£24.67 billion
Optionable
Not Optionable
Beta
1.33
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Key Executives

  • Mr. Brendan Horgan (Age 50)
    CEO & Executive Director
    Comp: $3.33M
  • 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 operates in the construction, industrial, and general equipment rental business, providing essential services in these sectors.
  • The company has a strong presence in the United States, the United Kingdom, and Canada, offering geographic diversification.
  • Recent financial reports indicate positive growth and profitability trends, showcasing the company's financial health.
  • Ashtead Group plc's stock price has shown resilience and potential for growth in recent periods, making it an attractive investment opportunity.
  • The company's diverse range of services, including pumps, power generation, and scaffolding, positions it well to capitalize on various industry needs.

Cons

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

  • Market volatility and economic uncertainties could impact the demand for equipment rental services, affecting Ashtead Group plc's revenue streams.
  • Competitive pressures within the industry may lead to pricing wars, potentially squeezing profit margins for the company.
  • Changes in government regulations related to construction and industrial sectors could pose challenges for Ashtead Group plc's operations.
  • Fluctuations in currency exchange rates, especially between the US dollar, British pound, and Canadian dollar, could impact the company's financial performance.
  • Global economic conditions and geopolitical events may introduce risks that could affect Ashtead Group plc's business operations and growth prospects.
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 Sunday, March 17, 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 equities 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 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 target for 2024?

8 Wall Street research analysts have issued 1-year price objectives 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 stock price to reach GBX 4,709.38 in the next twelve months. This suggests that the stock has a possible downside of 16.5%.
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 at the beginning of the year. Since then, AHT shares have increased by 3.3% and is now trading at GBX 5,640.
View the best growth stocks for 2024 here
.

How were Ashtead Group's earnings last quarter?

Ashtead Group plc (LON:AHT) released its quarterly earnings data 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 trailing twelve-month return on equity of 25.67% and a net margin of 15.17%.

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

Ashtead Group announced a dividend on Thursday, December 5th. Shareholders 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 1.42%. 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 3/29/2024 by MarketBeat.com Staff

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