Should I buy or sell Ashtead Group stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12 month target prices for Ashtead Group's shares. Their AHT share price targets range from GBX 615 to GBX 7,000. On average, they anticipate the company's stock price to reach GBX 4,709.38 in the next year. This suggests that the stock has a possible downside of 15.7%. 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 2024. Since then, AHT shares have increased by 2.3% and is now trading at GBX 5,588. View the best growth stocks for 2024 here .

How were Ashtead Group's earnings last quarter?

Ashtead Group plc (LON:AHT) issued its earnings results 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 declared 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 of this dividend is Thursday, January 11th. The official announcement can be accessed 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 1.43%. 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 .

LON:AHT

Ashtead Group (AHT) Share Price, News & Analysis

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GBX 5,588

-16.00 (-0.29%)

(As of 04/18/2024 ET)

Compare

Today's Range: 5,550
▼
5,674
50-Day Range: 5,028
▼
5,796
52-Week Range: 4,437
▼
5,914

Volume: 600,998 shs
Average Volume: 815,834 shs
Market Capitalization: £24.44 billion

P/E Ratio: 1,913.70
Dividend Yield: 1.43%
Price Target: GBX 4,709.38

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Sustainability

Get Ashtead Group alerts:

Ashtead Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 15.7% 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: 0.52
Based on 2 Articles This Week
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.

0.46 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
Ashtead Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.
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 1.43%, 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 2,739.73%. 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.

2.5

News and Social Media Coverage

News Sentiment
Ashtead Group has a news sentiment score of 0.52. 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 is a higher news sentiment than the 0.39 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Ashtead Group this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for AHT on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

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 Insiders
Only 0.95% of the stock of Ashtead Group is held by insiders.
Percentage Held by Institutions
60.39% 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 1,913.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ashtead Group is 1,913.70, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 400.59.
Price to Earnings Growth Ratio
Ashtead Group has a PEG Ratio of 1.72. 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 3.54. 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 (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

30 days | 90 days | 365 days | Advanced Chart

AHT Stock News Headlines

April 17, 2024 | americanbankingnews.com

Ashtead Group (LON:AHT) Shares Pass Above 200-Day Moving Average of $5,161.59

April 14, 2024 | msn.com

This FTSE 100 stock could be a major beneficiary of the AI boom

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | americanbankingnews.com

Ashtead Group (LON:AHT) Sets New 1-Year High at $5,844.00

April 6, 2024 | msn.com

These 2 red hot growth stocks are smashing the market. Should I buy them today?

April 6, 2024 | msn.com

“The last holding I’d want to sell in my Stocks and Shares ISA is…”

April 5, 2024 | msn.com

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April 4, 2024 | msn.com

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A Closer Look At Ashtead Group plc's (LON:AHT) Impressive ROE

March 18, 2024 | msn.com

I’d have £1m today if I’d invested £7,000 in this FTSE 100 stock 15 years ago

March 14, 2024 | msn.com

Here’s a quality FTSE 100 stock I’d buy and hold for the next decade

March 11, 2024 | msn.com

The stock market bubble is ready to pop, warns this bear

March 6, 2024 | finance.yahoo.com

Ashtead Group Third Quarter 2024 Earnings: EPS Misses Expectations

March 5, 2024 | msn.com

1 in 7 Brits have NO savings! Here’s what I’d do to start a Stocks & Shares ISA at age 40

March 5, 2024 | msn.com

UK Stocks: Ashtead (AHT) Shares Fall on Weak Outlook

March 5, 2024 | msn.com

Ashtead, commodity stocks drag FTSE 100 to near three-week lows

March 3, 2024 | lse.co.uk

Ashtead Group Share Price (AHT)

February 28, 2024 | msn.com

Is this little-known company the best growth stock in the FTSE 350?

February 12, 2024 | msn.com

£15k in savings? I’d aim for £817k in dividend shares and £32k a year of passive income

February 6, 2024 | uk.finance.yahoo.com

Brokers just raised their price targets on these top FTSE growth stocks

January 30, 2024 | lse.co.uk

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

January 28, 2024 | msn.com

Up nearly 6,000% since 2010, is this one of the best stocks to buy?

January 23, 2024 | uk.finance.yahoo.com

2 FTSE 100 shares I’d buy to try and become a Stocks & Shares ISA millionaire!

January 10, 2024 | seekingalpha.com

Ashtead Group: Wining Share In The Mega Project Deal Flow

January 5, 2024 | msn.com

3 UK shares I think could smash the market in 2024!

January 4, 2024 | finance.yahoo.com

Here's Why Ashtead Group (LON:AHT) Has Caught The Eye Of Investors

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: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Industrials
Industry: Rental & Leasing Services
Sub-Industry: N/A
Current Symbol: LON:AHT
CUSIP: N/A
CIK: N/A
Web: www.ashtead-group.com
Phone: +44-20-77269700
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: -16.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 2.92
Trailing P/E Ratio: 1,928.08
Forward P/E Ratio: 14.69
P/E Growth: 1.72
Net Income: £1.62 billion
Net Margins: 15.17%
Pretax Margin: N/A
Return on Equity: 25.67%
Return on Assets: 8.31%

Debt

Debt-to-Equity Ratio: 162.35
Current Ratio: 1.36
Quick Ratio: 1.13

Sales & Book Value

Annual Sales: £10.67 billion
Price / Sales: 2.31
Cash Flow: GBX 6.86 per share
Price / Cash Flow: 820.97
Book Value: GBX 1,578 per share
Price / Book: 3.57

Miscellaneous

Outstanding Shares: 437,370,000
Free Float: N/A
Market Cap: £24.62 billion
Optionable: Not Optionable
Beta: 1.33

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Key Executives

Mr. Brendan Horgan (Age 51)
CEO & Executive Director
Comp: $3.36M
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

Key Competitors

View All Competitors

Insiders

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

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 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's recent expansion into new markets has the potential to drive future growth and increase market share.
Ashtead Group plc's strong presence in the construction equipment rental industry positions it well to benefit from infrastructure development projects.

Cons

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

The company may face challenges in a competitive market environment, potentially impacting its profitability.
Ashtead Group plc's performance is subject to fluctuations in the construction industry, which can affect demand for its services.
Changes in interest rates could impact the company's borrowing costs and financial performance.
Global economic uncertainties may pose risks to Ashtead Group plc's international operations and revenue streams.
Investors should closely monitor any regulatory changes that could affect Ashtead Group plc's operations and profitability.

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.

AHT Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashtead Group stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashtead Group in the last twelve months. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street 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 brokerages have issued 12 month target prices for Ashtead Group's shares. Their AHT share price targets range from GBX 615 to GBX 7,000. On average, they anticipate the company's stock price to reach GBX 4,709.38 in the next year. This suggests that the stock has a possible downside of 15.7%.
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 2024. Since then, AHT shares have increased by 2.3% and is now trading at GBX 5,588.
View the best growth stocks for 2024 here.
How were Ashtead Group's earnings last quarter?: Ashtead Group plc (LON:AHT) issued its earnings results 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 declared 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 of this dividend is Thursday, January 11th. The official announcement can be accessed 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 1.43%. 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 4/18/2024 by MarketBeat.com Staff

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Ashtead Group (AHT) Share Price, News & Analysis

Ashtead Group MarketRank™ Stock Analysis

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

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Ashtead Group Stock (LON:AHT)

AHT Stock Price History

AHT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

AHT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™