Ashtead Group plc (OTCMKTS:ASHTY - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $214.13 and last traded at $219.20, with a volume of 11610 shares. The stock had previously closed at $218.17.
Analyst Ratings Changes
Several research firms recently commented on ASHTY. The Goldman Sachs Group lowered Ashtead Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, December 10th. Morgan Stanley reaffirmed an "overweight" rating on shares of Ashtead Group in a report on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy".
View Our Latest Stock Report on ASHTY
Ashtead Group Price Performance
The stock has a market capitalization of $20.71 billion, a price-to-earnings ratio of 13.54, a PEG ratio of 1.49 and a beta of 1.69. The company has a current ratio of 1.31, a quick ratio of 1.22 and a debt-to-equity ratio of 1.09. The stock has a 50-day moving average price of $241.54 and a 200 day moving average price of $274.51.
Ashtead Group (OTCMKTS:ASHTY - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The company reported $3.09 EPS for the quarter, missing analysts' consensus estimates of $3.47 by ($0.38). Ashtead Group had a net margin of 14.78% and a return on equity of 22.65%. The business had revenue of $2.38 billion during the quarter, compared to analysts' expectations of $2.16 billion. As a group, equities research analysts expect that Ashtead Group plc will post 15.51 earnings per share for the current year.
Ashtead Group Company Profile
(
Get Free Report)
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.
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