Should I buy or sell Ashtead Group stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASHTY shares. View ASHTY analyst ratings or view top-rated stocks .

How have ASHTY shares performed in 2024?

Ashtead Group's stock was trading at $284.25 at the beginning of 2024. Since then, ASHTY stock has decreased by 0.8% and is now trading at $282.00. View the best growth stocks for 2024 here .

How were Ashtead Group's earnings last quarter?

Ashtead Group plc (OTCMKTS:ASHTY) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $3.24 earnings per share for the quarter, topping analysts' consensus estimates of $3.15 by $0.09. The business had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.62 billion. Ashtead Group had a net margin of 16.64% and a trailing twelve-month return on equity of 26.48%.

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

Ashtead Group announced a dividend on Tuesday, December 12th. Shareholders of record on Friday, January 12th will be given a dividend of $0.58 per share on Friday, February 23rd. The ex-dividend date is Thursday, January 11th. Read our dividend analysis for ASHTY .

Is Ashtead Group a good dividend stock?

Ashtead Group (OTCMKTS:ASHTY) pays an annual dividend of $1.15 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 7.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASHTY will have a dividend payout ratio of 7.10% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASHTY .

How do I buy shares of Ashtead Group?

Shares of ASHTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ashtead Group have any subsidiaries?

The following companies are subsidiares of Ashtead Group: ASTRA SITE SERVICES LIMITED, ATM Traffic Solutions Limited, Accession Group Limited, Accession Holdings Limited, Anglia Traffic Management Group Limited, Ashtead Canada Limited, Ashtead Capital Inc., Ashtead Financing (Ireland) Unlimited Company, Ashtead Financing Limited, Ashtead Holdings LLC, Ashtead Holdings PLC, Ashtead Plant Hire Company Ireland) Limited, Ashtead Plant Hire Company Limited, Ashtead US Holdings Inc., Ellerbeck Industries Limited, Eve Trakway Limited, Hoist It Limited, Inlec UK Limited, Live Trakway GmbH, Lux Traffic Controls, Opti-cal Survey Equipment Limited, Plantfinder, Plantfinder (Scotland) Limited, Precision Geometrics Limited, Pride Corporation, Sunbelt Rentals Exchange Inc, Sunbelt Rentals Inc., Sunbelt Rentals Industrial Services LLC, Sunbelt Rentals SAS, Sunbelt Rentals Scaffold Services Inc., Sunbelt Rentals Scaffold Services LLC, Sunbelt Rentals of Canada Inc., Sunbelt Rentals of the Bahamas Inc, and William F. White International. Read More

OTCMKTS:ASHTY

Ashtead Group (ASHTY) Stock Price, News & Analysis

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$280.27

-1.73 (-0.61%)

(As of 05:38 PM ET)

Compare

Today's Range: $278.15
▼
$282.20
50-Day Range: $261.23
▼
$296.51
52-Week Range: $221.86
▼
$304.31

Volume: 6,103 shs
Average Volume: 17,536 shs
Market Capitalization: $30.64 billion

P/E Ratio: 18.99
Dividend Yield: 0.41%
Price Target: N/A

Stock Analysis Analyst Forecasts Chart Dividend Earnings Financials Headlines Short Interest

Get Ashtead Group alerts:

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.03% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 5.82%
From $15.30 to $16.19 Per Share

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

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ashtead Group.

4.0

Short Interest

Percentage of Shares Shorted
0.03% of the outstanding shares of Ashtead Group have been sold short.
Short Interest Ratio / Days to Cover
Ashtead Group has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ashtead Group has recently decreased by 2.17%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Ashtead Group has a dividend yield of 0.40%, which is in 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 7.79%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ashtead Group will have a dividend payout ratio of 7.10% next year. This indicates that Ashtead Group will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASHTY.

2.0

News and Social Media Coverage

News Sentiment
Ashtead Group has a news sentiment score of 0.59. 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 Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Ashtead Group this week, compared to 0 articles on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ashtead Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.76% of the stock of Ashtead Group is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ashtead Group are expected to grow by 5.82% in the coming year, from $15.30 to $16.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ashtead Group is 19.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ashtead Group is 19.11, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 18.94.
Price to Earnings Growth Ratio
Ashtead Group has a PEG Ratio of 3.37. 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 5.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Ashtead Group Stock (OTCMKTS:ASHTY)

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.

ASHTY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ASHTY Stock News Headlines

April 18, 2024 | investing.com

RBC Capital ups Ashtead Group shares target, cites USD strength

March 22, 2024 | seekingalpha.com

Sequoia Fund - Ashtead Group: Highly Likely To Be A Bigger Business In The Future

April 19, 2024 | Behind the Markets (Ad)

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February 16, 2024 | seekingalpha.com

ASHTY Ashtead Group plc

January 18, 2024 | finance.yahoo.com

Ashtead Group plc (LON:AHT) Shares Could Be 38% Below Their Intrinsic Value Estimate

December 21, 2023 | finance.yahoo.com

Institutional investors have a lot riding on Ashtead Group plc (LON:AHT) with 86% ownership

November 24, 2023 | realmoney.thestreet.com

Ashtead Group price target lowered to 5,300 GBp from 5,500 GBp at RBC Capital

November 20, 2023 | finance.yahoo.com

The AI Race Heats Up Between Microsoft, Amazon and Alphabet

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

November 15, 2023 | finance.yahoo.com

Ashtead Group PLC (ASHTY) Soars 5.4%: Is Further Upside Left in the Stock?

November 1, 2023 | morningstar.com

Ashtead Group PLC ADR ASHTY

September 20, 2023 | msn.com

Ashtead Group: Mega Projects Driving Mega Growth Ahead

August 2, 2023 | msn.com

Ashtead Group plc - ADR (ASHTY) Price Target Increased by 5.45% to 334.40

July 13, 2023 | seekingalpha.com

Ashtead Group: Upside Remains Attractive Despite Possible Near-Term Slowdown

May 20, 2023 | msn.com

Ashtead: Fantastic Compounder With Growth And Margins

May 14, 2023 | finance.yahoo.com

Ashtead Group plc (LON:AHT) is favoured by institutional owners who hold 86% of the company

April 21, 2023 | finance.yahoo.com

Can Ashtead Group plc (LON:AHT) Maintain Its Strong Returns?

March 29, 2023 | finance.yahoo.com

3 Industrial Services Stocks to Buy in the Flourishing Industry

March 24, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging Terex (TEX) This Year?

March 24, 2023 | finance.yahoo.com

Are Industrial Products Stocks Lagging Terex (TEX) This Year?

March 7, 2023 | finance.yahoo.com

Ashtead lifts profit forecast as US business surges

March 7, 2023 | finance.yahoo.com

Equipment rental firm Ashtead hikes capital spend on U.S. mega projects

March 7, 2023 | finance.yahoo.com

UPDATE 1-Equipment rental firm Ashtead hikes capital spend on U.S. mega projects

March 1, 2023 | finance.yahoo.com

SIEGY vs. ASHTY: Which Stock Is the Better Value Option?

January 4, 2023 | msn.com

Ashtead Group plc declares $0.55 dividend

December 6, 2022 | uk.finance.yahoo.com

FTSE and European stocks struggle as Fed rate rise speculation hits

December 6, 2022 | uk.finance.yahoo.com

FTSE 100: Ashtead Group reports 26% rise in revenue in half-year results

See More Headlines

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Company Calendar

Ex-Dividend for 2/23 Dividend: 1/11/2024
Dividend Payable: 2/23/2024
Last Earnings: 3/05/2024
Today: 4/19/2024
Fiscal Year End: 4/30/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Industrial Products
Industry: Private households
Sub-Industry: N/A
Current Symbol: OTCMKTS:ASHTY
Previous Symbol: NASDAQ:ASHTY
CUSIP: N/A
CIK: 1518258
Web: www.ashtead-group.com
Phone: 442077269700
Fax: 44-0-20-7726-9705
Employees: 25,347
Year Founded: 1947

Profitability

EPS (Most Recent Fiscal Year): $14.76
Trailing P/E Ratio: 19.11
Forward P/E Ratio: 18.43
P/E Growth: 3.37
Net Income: $1.62 billion
Net Margins: 16.64%
Pretax Margin: 22.17%
Return on Equity: 26.48%
Return on Assets: 8.39%

Debt

Debt-to-Equity Ratio: 1.24
Current Ratio: 1.36
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $9.67 billion
Price / Sales: 3.19
Cash Flow: $32.45 per share
Price / Cash Flow: 8.69
Book Value: $54.82 per share
Price / Book: 5.14

Miscellaneous

Outstanding Shares: 109,340,000
Free Float: N/A
Market Cap: $30.83 billion
Optionable: Not Optionable
Beta: 1.77

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Key Executives

Mr. Brendan Horgan (Age 51)
CEO & Executive Director
Comp: $4.25M
Mr. Michael Richard Pratt (Age 60)
CFO & Director
Comp: $2.36M
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

Key Competitors

View All Competitors

Should I Buy Ashtead Group Stock? ASHTY 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 has a diversified business portfolio, reducing the risk associated with dependency on a single market or product.
Recent positive analyst ratings and recommendations suggest a favorable outlook for Ashtead Group plc's future performance.

Cons

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

Ashtead Group plc faces potential market volatility due to external factors like economic uncertainties or regulatory changes.
The company's performance may be impacted by fluctuations in the construction industry, which is a significant part of its business.
Competitive pressures in the industry could affect Ashtead Group plc's market share and profitability.
Investors should be cautious of any potential impact from currency exchange rate fluctuations on the company's financial results.
Market conditions and global economic trends could influence Ashtead Group plc's growth prospects and stock performance.

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.

ASHTY Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashtead Group stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASHTY shares.
View ASHTY analyst ratings or view top-rated stocks.
How have ASHTY shares performed in 2024?: Ashtead Group's stock was trading at $284.25 at the beginning of 2024. Since then, ASHTY stock has decreased by 0.8% and is now trading at $282.00.
View the best growth stocks for 2024 here.
How were Ashtead Group's earnings last quarter?: Ashtead Group plc (OTCMKTS:ASHTY) announced its quarterly earnings data on Tuesday, March, 5th. The company reported $3.24 earnings per share for the quarter, topping analysts' consensus estimates of $3.15 by $0.09. The business had revenue of $2.36 billion for the quarter, compared to analysts' expectations of $2.62 billion. Ashtead Group had a net margin of 16.64% and a trailing twelve-month return on equity of 26.48%.
How often does Ashtead Group pay dividends? What is the dividend yield for Ashtead Group?: Ashtead Group announced a dividend on Tuesday, December 12th. Shareholders of record on Friday, January 12th will be given a dividend of $0.58 per share on Friday, February 23rd. The ex-dividend date is Thursday, January 11th.
Read our dividend analysis for ASHTY.

Is Ashtead Group a good dividend stock?: Ashtead Group (OTCMKTS:ASHTY) pays an annual dividend of $1.15 per share and currently has a dividend yield of 0.40%. The dividend payout ratio is 7.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASHTY will have a dividend payout ratio of 7.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASHTY.
How do I buy shares of Ashtead Group?: Shares of ASHTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ashtead Group have any subsidiaries?: The following companies are subsidiares of Ashtead Group: ASTRA SITE SERVICES LIMITED, ATM Traffic Solutions Limited, Accession Group Limited, Accession Holdings Limited, Anglia Traffic Management Group Limited, Ashtead Canada Limited, Ashtead Capital Inc., Ashtead Financing (Ireland) Unlimited Company, Ashtead Financing Limited, Ashtead Holdings LLC, Ashtead Holdings PLC, Ashtead Plant Hire Company Ireland) Limited, Ashtead Plant Hire Company Limited, Ashtead US Holdings Inc., Ellerbeck Industries Limited, Eve Trakway Limited, Hoist It Limited, Inlec UK Limited, Live Trakway GmbH, Lux Traffic Controls, Opti-cal Survey Equipment Limited, Plantfinder, Plantfinder (Scotland) Limited, Precision Geometrics Limited, Pride Corporation, Sunbelt Rentals Exchange Inc, Sunbelt Rentals Inc., Sunbelt Rentals Industrial Services LLC, Sunbelt Rentals SAS, Sunbelt Rentals Scaffold Services Inc., Sunbelt Rentals Scaffold Services LLC, Sunbelt Rentals of Canada Inc., Sunbelt Rentals of the Bahamas Inc, and William F. White International.
Read More

This page (OTCMKTS:ASHTY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Ashtead Group (ASHTY) Stock Price, News & Analysis

Ashtead Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Ashtead Group Stock (OTCMKTS:ASHTY)

ASHTY Stock Price History

ASHTY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Should I Buy Ashtead Group Stock? ASHTY Pros and Cons Explained

Pros

Cons

ASHTY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™