What is KeyCorp’s Forecast for Ashtead Group Q3 Earnings?

Ashtead Group PLC (OTCMKTS:ASHTY) – Equities researchers at KeyCorp issued their Q3 2026 earnings per share estimates for Ashtead Group in a research note issued to investors on Tuesday, December 16th. KeyCorp analyst K. Fleischer anticipates that the company will post earnings per share of $3.28 for the quarter. KeyCorp currently has a “Overweight” rating on the stock. The consensus estimate for Ashtead Group’s current full-year earnings is $15.51 per share. KeyCorp also issued estimates for Ashtead Group’s Q4 2026 earnings at $3.28 EPS, FY2026 earnings at $15.04 EPS, Q1 2027 earnings at $4.20 EPS, Q2 2027 earnings at $5.08 EPS, Q3 2027 earnings at $3.84 EPS, Q4 2027 earnings at $3.76 EPS and FY2027 earnings at $16.88 EPS.

Other research analysts have also issued reports about the company. Jefferies Financial Group lowered Ashtead Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, September 11th. Royal Bank Of Canada lowered shares of Ashtead Group from a “hold” rating to a “strong sell” rating in a research report on Friday, September 19th. BNP Paribas raised shares of Ashtead Group from an “underperform” rating to an “outperform” rating in a research report on Tuesday, September 16th. Finally, Zacks Research cut shares of Ashtead Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Ashtead Group Price Performance

Shares of ASHTY stock opened at $254.61 on Friday. Ashtead Group has a 52-week low of $186.01 and a 52-week high of $310.30. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.34 and a quick ratio of 1.24. The company’s 50 day moving average is $262.28 and its 200 day moving average is $267.84.

Ashtead Group (OTCMKTS:ASHTY) last issued its earnings results on Tuesday, December 9th. The company reported $4.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.55 by $0.12. Ashtead Group had a net margin of 13.09% and a return on equity of 20.60%. The company had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.97 billion.

Ashtead Group Company Profile

Ashtead Group plc is a multinational equipment rental company that provides a broad range of rental solutions to construction, industrial, infrastructure and specialty markets. The business supplies temporary access, earthmoving, material handling, power and climate control equipment, tools and ancillaries to contractors, facilities managers and industrial customers. Its model emphasizes short- and long-term equipment hire as an alternative to capital ownership, supported by logistics, maintenance and on-site support to keep customer projects running.

The company’s product and service offering spans general-purpose and specialist equipment categories, including aerial work platforms, excavators and skid steers, generators and power distribution, HVAC and dewatering solutions, and hand and power tools.