Ashtead Technology (LON:AT) Stock Price Down 1.8% – Here’s Why

Posted by Defense World Staff on Jun 13th, 2025

Ashtead Technology Holdings Plc (LON:AT – Get Free Report) shares fell 1.8% during mid-day trading on Thursday . The company traded as low as GBX 451.50 ($6.15) and last traded at GBX 451.50 ($6.15). 331,384 shares changed hands during trading, The stock had previously closed at GBX 460 ($6.26).

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 800 ($10.89) target price on shares of Ashtead Technology in a report on Wednesday, April 30th.

Get Our Latest Stock Analysis on AT

Ashtead Technology Stock Performance

The company has a market cap of £358.07 million, a PE ratio of 14.58 and a beta of 0.28. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 70.83. The company has a 50-day moving average of GBX 462.92 and a 200-day moving average of GBX 509.69.

Ashtead Technology (LON:AT – Get Free Report) last announced its earnings results on Tuesday, March 25th. The company reported GBX 45 ($0.61) earnings per share (EPS) for the quarter. Ashtead Technology had a return on equity of 23.56% and a net margin of 17.37%. As a group, analysts anticipate that Ashtead Technology Holdings Plc will post 42.8247734 earnings per share for the current year.

Ashtead Technology Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, May 29th. Shareholders of record on Thursday, May 1st were given a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a yield of 0.21%. This is a boost from Ashtead Technology’s previous dividend of $1.10. Ashtead Technology’s payout ratio is currently 3.23%.

Ashtead Technology Company Profile

(Get Free Report)

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.