Ashtead Group plc (OTCMKTS:ASHTY - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $297.18 and traded as high as $306.73. Ashtead Group shares last traded at $303.15, with a volume of 3,898 shares trading hands.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on ASHTY. Barclays raised shares of Ashtead Group to a "strong-buy" rating in a report on Thursday, August 1st. Berenberg Bank upgraded Ashtead Group to a "strong-buy" rating in a research note on Thursday, September 19th.
View Our Latest Stock Report on ASHTY
Ashtead Group Stock Up 0.8 %
The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.08 and a current ratio of 1.17. The firm has a market capitalization of $33.14 billion, a P/E ratio of 21.39, a P/E/G ratio of 1.75 and a beta of 1.64. The stock has a fifty day moving average price of $297.18 and a two-hundred day moving average price of $288.26.
Ashtead Group (OTCMKTS:ASHTY - Get Free Report) last released its earnings results on Tuesday, September 3rd. The company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.85 by $0.03. Ashtead Group had a net margin of 14.94% and a return on equity of 23.60%. The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.74 billion. Research analysts forecast that Ashtead Group plc will post 15.6 EPS for the current year.
Ashtead Group Company Profile
(
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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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