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LON:AHT

Ashtead Group (AHT) Share Price, News & Analysis

Ashtead Group logo
GBX 5,030 +40.00 (+0.80%)
(As of 12/20/2024 12:31 PM ET)

About Ashtead Group Stock (LON:AHT)

Key Stats

Today's Range
4,942
5,054
50-Day Range
4,988.92
6,400
52-Week Range
4,711
6,448
Volume
2.07 million shs
Average Volume
1.08 million shs
Market Capitalization
£21.97 billion
P/E Ratio
1,898.11
Dividend Yield
1.59%
Price Target
GBX 6,550
Consensus Rating
Moderate Buy

Company Overview

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. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 1,094 stores in the United States, 119 stores in Canada, and 185 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom.

Ashtead Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
60th Percentile Overall Score

AHT MarketRank™: 

Ashtead Group scored higher than 60% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ashtead Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Ashtead Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about Ashtead Group's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ashtead Group is 1,898.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ashtead Group is 1,898.11, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 370.35.

  • Price to Earnings Growth Ratio

    Ashtead Group has a PEG Ratio of 1.32. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Ashtead Group has a P/B Ratio of 2.97. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for AHT.
  • Dividend Yield

    Ashtead Group pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ashtead Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ashtead Group is 3,018.87%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Ashtead Group's dividend.
  • Short Interest

    There is no current short interest data available for AHT.
  • News Sentiment

    Ashtead Group has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Ashtead Group this week, compared to 2 articles on an average week.
  • Search Interest

    Only 1 people have searched for AHT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Ashtead Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ashtead Group insiders have bought 261.90% more of their company's stock than they have sold. Specifically, they have bought £212,800 in company stock and sold £58,800 in company stock.

  • Percentage Held by Insiders

    Only 0.64% of the stock of Ashtead Group is held by insiders.

  • Percentage Held by Institutions

    66.65% of the stock of Ashtead Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ashtead Group's insider trading history.
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AHT Stock News Headlines

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See More Headlines

AHT Stock Analysis - Frequently Asked Questions

Ashtead Group's stock was trading at GBX 5,462 at the beginning of the year. Since then, AHT shares have decreased by 7.9% and is now trading at GBX 5,030.
View the best growth stocks for 2024 here
.

Ashtead Group plc (LON:AHT) posted its earnings results on Tuesday, June, 16th. The company reported $175.00 earnings per share for the quarter, missing analysts' consensus estimates of $175.10 by $0.10. Ashtead Group had a net margin of 14.24% and a trailing twelve-month return on equity of 22.44%.

Shares of AHT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ashtead Group investors own include Associated British Foods (ABF), Bank of America (BAC), Intelsat (I), HSBC (HSBA), Chaarat Gold (CGH), easyJet (EZJ) and Fossil Group (FOSL).

Company Calendar

Last Earnings
6/16/2020
Today
12/21/2024
Ex-Dividend for 2/7 Dividend
1/09/2025
Dividend Payable
2/07/2025

Industry, Sector and Symbol

Industry
Rental & Leasing Services
Sub-Industry
Trading
CIK
N/A
Fax
N/A
Employees
120
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 6,550
High Stock Price Target
GBX 7,300
Low Stock Price Target
GBX 5,100
Potential Upside/Downside
+30.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
£1.55 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£10.92 billion
Cash Flow
GBX 6.13 per share
Book Value
GBX 1,693 per share

Miscellaneous

Free Float
N/A
Market Cap
£21.97 billion
Optionable
Not Optionable
Beta
1.22
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This page (LON:AHT) was last updated on 12/21/2024 by MarketBeat.com Staff
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