Ashtead Group
AHT: 1,639.00 4.00 (▲0.24%)
| Bid Price | 1,644.00 | High Price | 1,654.00 |
|---|---|---|---|
| Ask Price | 1,645.00 | Low Price | 1,632.00 |
| Open Price | 1,633.00 | Spread | 0.06% |
| Prev Close | 1,644.00 | Volume | 2,570,736.00 |
Ashtead Group Share Price Chart
Intraday
Historic – 1 year
Ashtead Group Share Price Information
| Name | Ashtead Group | Epic | AHT |
|---|---|---|---|
| Sector | Support Services | ISIN | GB0000536739 |
| Activites | Ashtead Group plc, is one of the largest equipment rental groups in the world with a network of 428 profit centres in the United States, the United Kingdom, Singapore and Canada at 30 April 2004. Equipment rental companies provide customers with a comprehensive line of equipment, including larger equipment such as aerial work platforms, backhoes, excavators and forklift trucks, as well as smaller equipment such as power saws, ladders, and small pumps. The Group conducts its equipment rental operations in the United States under the brand name ”Sunbelt Rentals” and in the United Kingdom principally under the brand name ”A-Plant.” The Group believes Sunbelt Rentals is the fourth largest equipment rental company in the United States and A-Plant is the third largest equipment rental company in the United Kingdom, in each case, measured by rental revenue. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 1,644.00 | Net Gearing (%) | 68.55 |
|---|---|---|---|
| Market Cap (£m) | 8,037.53 | Gross Gearing (%) | 68.83 |
| Shares in issue (m) | 499.23 | Debt Ratio | 65.03 |
| P/E Ratio | 19.80 | Debt-to-Equity Ratio | 0.84 |
| Divs per share (p) | 22.50 | Assets / Equity Ratio | 3.21 |
| Dividend Yield (%) | 1.44 | Price to book value | 5.43 |
| Dividend Cover | 4.45 | SROCE (%) | 14.57 |
| Earning per share (p) | 81.30 | EPS Growth (%) | 34.38 |
| 52-week high / low (p) | 1,629.00 / 749.00 | DPS Growth (%) | 47.54 |
Ashtead Group Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 12 Dec | Barclays Capital | Overweight | 1,639.00 | 1774.00 | 1774.00 | Reiterates |
| 08 Dec | Barclays Capital | Overweight | 1,639.00 | 1774.00 | 1774.00 | Retains |
| 07 Dec | Numis | Add | 1,639.00 | 1500.00 | 1750.00 | Reiterates |
| 07 Dec | Beaufort Securities | Buy | 1,639.00 | Retains | ||
| 07 Dec | Beaufort Securities | Buy | 1,639.00 | Reiterates |
Ashtead Group Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 27 Jul 2016 | Christopher Cole | Sell | 25000 @ 1186.00p | £296,500.00 |
| 04 Jul 2016 | Wayne Edmunds | Buy | 7000 @ 1079.00p | £75,530.00 |
Ashtead Group Company News
Broker Forecast – Numis issues a broker note on Ashtead Group PLC
Numis today reaffirms its add investment rating on Ashtead Group PLC (LON:AHT) and raised its price target to 1750p (from 1500p).
Story provided by StockMarketWire.com
Broker Forecast – Barclays Capital issues a broker note on Ashtead Group PLC
Barclays Capital today reaffirms its overweight investment rating on Ashtead Group PLC (LON:AHT) and raised its price target to 1774p (from 1279p).
Story provided by StockMarketWire.com
Bank rally pushes FTSE higher
Banking stocks were the biggest gainers on the blue chip index, with Royal Bank of Scotland (RBS), HSBC (HSBA) and Barclays (BARC) rising between 4% and 5%.
West Texas Intermediate crude oil slumped 2% to $50.73 and Brent crude oil fell 1.9% to $54 per barrel, respectively.
Gold declined 0.3% to $1,170 per ounce and copper retreated 0.9% to $5,864 per tonne.
FTSE 100 RISERS AND FALLERS
Equipment rental firm Ashtead’s (AHT) strong run continued on upbeat half year figures with underlying pre-tax profit up 9% to £426m. CEO Geoff Drabble said full year results will be ahead of expectations with both divisions outperforming and Ashtead enjoying a positive boost from weaker sterling.
FTSE 250 RISERS AND FALLERS
Shares in stock market trading providers IG (IGG) and CMC Markets (CMCX) both crashed 38% after the Financial Conduct Authority (FCA) threatened to impose new restrictions on how contract for difference (CFD) products work and the way they are marketed.
Biomass power generator Drax (DRX) powered 12% higher on its proposed acquisition of Opus Energy, a supplier of gas and electricity to small and medium sized businesses, for £340m.
SMALL CAP RISERS AND FALLERS
Market trading provider Plus 500 (PLUS) suffered a 26% hit on the FCA announcement as investors were concerned about possible new restrictions on CFDs.
Sierra Rutile (SRX) announced its merger with Iluka is expected to close is expected to occur on 7 December, triggering a share price rise of 23.9% to 35p.
Graphics microchip designer Imagination Technologies (IMG) sparked 9.3% rise to 240.5p on half year results, which revealed a return to profitability driven by £27.5m of cost savings and aided by the strong dollar.
Specialist travel agent On The Beach (OTB) gained 7.2% on full year results that beat forecasts and were delivered despite testing industry conditions. It also announced a maiden final dividend of 2.2p.
Story provided by StockMarketWire.com
Miners weaken FTSE
The FTSE 100 was flat on a weak mining and oil sector, while retailers were put off track on news that Black Friday had the effect of slowing retail sales in the run up to the event.
The British Retail Consortium showed spending was up year-on-year, but down a third like-for-like on October amid frenzied discounting.
West Texas Intermediate crude oil slipped 0.6% to $51.46 and Brent crude oil was 0.3% lower at $54.78 per barrel, respectively.
Gold declined 0.2% to $1,171 per ounce and copper cheapened 1% to $5,864 per tonne. FTSE 100 RISERS AND FALLERS
Equipment rental firm Ashtead’s (AHT) strong run continued on upbeat half year figures with underlying pre-tax profit up 9% to £426m. CEO Geoff Drabble said full year results will be ahead of expectations with both divisions outperforming and Ashtead enjoying a positive boost from weaker sterling.
FTSE 250 RISERS AND FALLERS
Spread betting firm IG (IGG) crashed 31.6% after the UK Financial Conduct Authority announced measures for stricter regulation for the contracts for difference market.
Biomass power generator Drax (DRX) powered 18.8% higher on its proposed acquisition of Opus Energy, a supplier of gas and electricity to small and medium sized businesses, for £340m.
Shares in defence, security and transport group Ultra Electronics (ULE) were flat on a warning that delays to some of its export contracts, most significantly a torpedo defence deal for India yet to be signed, will impact its full year performance.
The market overlooked a 6% decline in pre-tax profit at polymer solutions provider Victrex (VCT) as management reported it was comfortable with current expectations.
SMALL CAP RISERS AND FALLERS
Graphics microchip designer Imagination Technologies (IMG) sparked 9.2% to 240.2p on half year results, which revealed a return to profitability driven by £27.5m of cost savings and aided by the strong dollar.
Investors were drawn to LED lighting systems designer Dialight (DIA) after it upgraded earnings targets for the year to December due to favourable currency movements.
Specialist travel agent On The Beach (OTB) gained 8.2% on full year results that beat forecasts and were delivered despite testing industry conditions. It also announced a maiden final dividend of 2.2p.
Story provided by StockMarketWire.com
Broker Forecast – Peel Hunt issues a broker note on Ashtead Group PLC
Peel Hunt today reaffirms its buy investment rating on Ashtead Group PLC (LON:AHT) and raised its price target to 1500p (from 1350p).
Story provided by StockMarketWire.com
