Ashtead Group plc (LON:AHT - Get Free Report) announced a dividend on Tuesday, December 10th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 9th will be given a dividend of $0.36 per share on Friday, February 7th. This represents a yield of 0.45%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be accessed at this link.
Ashtead Group Stock Performance
Shares of LON:AHT traded down GBX 880 ($11.22) during trading on Tuesday, hitting GBX 5,392 ($68.73). 2,643,517 shares of the stock were exchanged, compared to its average volume of 1,056,695. The company has a market capitalization of £23.55 billion, a price-to-earnings ratio of 2,081.51, a price-to-earnings-growth ratio of 1.32 and a beta of 1.22. The company has a debt-to-equity ratio of 145.75, a quick ratio of 1.13 and a current ratio of 1.17. Ashtead Group has a 1-year low of GBX 4,711 ($60.05) and a 1-year high of GBX 6,448 ($82.19). The company's fifty day simple moving average is GBX 6,029.11 and its 200-day simple moving average is GBX 5,611.93.
Analyst Ratings Changes
AHT has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a "buy" rating and set a GBX 6,150 ($78.39) price target on shares of Ashtead Group in a research note on Tuesday, September 3rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 6,500 ($82.86) target price on shares of Ashtead Group in a research report on Wednesday, September 4th. JPMorgan Chase & Co. increased their price target on shares of Ashtead Group from GBX 6,600 ($84.13) to GBX 7,300 ($93.05) and gave the stock an "overweight" rating in a research report on Friday. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 7,000 ($89.23) price objective on shares of Ashtead Group in a report on Monday, October 14th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Ashtead Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 6,441.67 ($82.11).
Read Our Latest Analysis on Ashtead Group
Insiders Place Their Bets
In other Ashtead Group news, insider Lucinda Riches sold 1,000 shares of the stock in a transaction dated Thursday, October 17th. The shares were sold at an average price of GBX 5,880 ($74.95), for a total transaction of £58,800 ($74,952.20). Insiders own 0.64% of the company's stock.
About Ashtead Group
(
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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