for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Ashtead Group plc

AHT.L

Latest Trade

6,371.01GBp

Change

173.01(+2.79%)

Volume

92,413

Today's Range

6,200.00

 - 

6,498.00

52 Week Range

3,216.00

 - 

6,498.00

As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay

Pricing

Previous Close
6,198.00
Open
6,404.00
Volume
92,413
3M AVG Volume
16.67
Today's High
6,498.00
Today's Low
6,200.00
52 Week High
6,498.00
52 Week Low
3,216.00
Shares Out (MIL)
446.07
Market Cap (MIL)
27,169.20
Forward P/E
25.05
Dividend (Yield %)
0.69

Next Event

Q2 2022 Ashtead Group PLC Earnings Release

Latest Developments

More

Ashtead Group Says Unit Ashtead Capital Is Conducting A Private Offering

Ashtead Group Plc FY Adjusted Pre-Tax Profit £998 Mln

Ashtead Sees FY Results To Be Slightly Ahead Of Previous Expectations

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Ashtead Group plc

Ashtead Group PLC is a United Kingdom-based equipment rental company that is trading under the Sunbelt Rentals brand with networks in the United States, Canada and the United Kingdom. The Company rents a range of construction, industrial and general equipment across a variety of applications to a diverse customer base. The Company’s business units include Sunbelt US, Sunbelt UK and Sunbelt Canada. It operates approximately 861 stores in the United States, 77 stores in Canada and approximately 188 stores in the United Kingdom. The Company's equipment can be used to lift, power, generate, move, dig, compact, drill, support, scrub, pump, direct, heat and ventilate. It purchases a range of equipment from manufacturers and rents it on a short-term basis to a range of customers. It also sells the old equipment in the second-hand market. The Company's rental fleet ranges from small hand-held tools to a range of construction equipment.

Industry

Rental & Leasing

Contact Info

100 Cheapside

EC2V 6DT

United Kingdom

+44.20.77269700

http://www.ashtead-group.com/

Executive Leadership

Paul Walker

Non-Executive Chairman of the Board

Brendan Horgan

Chief Executive Officer, Chief Operating Officer, Executive Director, Chief Executive - Sunbelt Rentals Inc

Michael Pratt

Chief Financial Officer, Executive Director

Angus G. Cockburn

Senior Non-Executive Independent Director

Eric Watkins

Company secretary

Key Stats

2.26 mean rating - 19 analysts
Sell
Hold
Buy
Revenue (MM, GBP)

2019

4.1K

2020

4.6K

2021

5.0K

2022(E)

6.5K
EPS (GBp)

2019

173.400

2020

174.300

2021

165.500

2022(E)

244.753
Price To Earnings (TTM)
31.87
Price To Sales (TTM)
4.78
Price To Book (MRQ)
5.77
Price To Cash Flow (TTM)
12.94
Total Debt To Equity (MRQ)
121.68
LT Debt To Equity (MRQ)
118.06
Return on Investment (TTM)
7.25
Return on Equity (TTM)
6.60

Latest News

Latest News

Strong earnings, miners lift FTSE 100

UK's FTSE 100 rose on Tuesday, as receding concerns about the Omicron coronavirus variant lifted global mood for a second day, while a jump in mining stocks and positive earnings further boosted the blue-chip index.

Travel, industrial stocks lead UK shares higher; Ashtead Group jumps

UK shares ended higher on Thursday, lifted by travel and industrial stocks, while Ashtead Group jumped to the top of the blue-chip index after a strong earnings update.

Industrials, financials lead UK shares higher; Ashtead Group jumps

UK shares edged higher on Thursday, lifted by industrials and financial stocks, while Ashtead Group jumped to the top of FTSE 100 index following a strong earnings update.

UPDATE 1-UK's Ashtead plans share buyback after upbeat earnings forecast

Britain's Ashtead on Tuesday unveiled an up to 1 billion pounds ($1.40 billion) share buyback plan as it forecast annual earnings to be better than its prior view thanks to cost-cutting measures and strong demand for its rental equipment.

Ashtead plans share buyback as annual results to exceed expectations

Rental equipment provider Ashtead said on Tuesday it plans to buy back up to 1 billion pounds ($1.40 billion) worth of its shares over the next two years, as it guided to annual results slightly ahead of its prior view.

London stocks end higher on optimism over swift economic recovery

British shares ended higher on Thursday ahead of a long weekend, as hopes of a swifter economic rebound this year boosted sentiment, while Quilter rose after agreeing to sell its international business to Utmost Group.

UK shares fall as rising bond yields weigh

British shares fell on Friday as rising bond yields globally sparked fears of higher inflation, while another slowdown in domestic house price growth also weighed on the market.

FTSE 100 gains on upbeat Coca-Cola HBC outlook; Relx shines

London's FTSE 100 rose on Thursday as upbeat earnings outlooks and dividend hikes from soft drink bottler Coca-Cola HBC and information group Relx boosted investors' hopes for a speedy economic recovery.

UPDATE 2-London's blue-chips recoup losses as investors hold out for Brexit deal

* FTSE 100 up 0.05%, FTSE 250 down 0.3% (Updates to market close)

UPDATE 1-FTSE 100 slips as no-deal Brexit fears outweigh vaccine cheer

* FTSE 100 down 0.1%, FTSE 250 flat (For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)

UPDATE 1-Ashtead raises annual outlook on strong demand for disaster relief equipment

Rental equipment provider Ashtead said on Tuesday it expects annual results to above prior expectations, helped by strong demand for its disaster relief tools, even as it posted a drop in quarterly profit.

Ashtead posts 7% drop in quarterly profit

Rental equipment provider Ashtead reported a 7% drop in quarterly profit on Tuesday as demand weakened for the tools it provides to the construction and industrial sectors in its biggest market, the United States.

Ashtead refocuses equipment hire as construction slump hits

Ashtead <AHT.L>, which operates mainly in the United States, Canada and Britain under the Sunbelt Rentals brand, said it would diversify from building equipment on Tuesday as coronavirus restrictions hit first-quarter profit.

Breakingviews - Corona Capital: Next crisis, Overvalued markets

Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.

European shares log best day in a month as stimulus boosts revival hopes

The pan-European STOXX 600 index recorded its best day in a month on Tuesday, joining a global rally after the prospect of historic monetary and fiscal stimulus revived hopes of an economic rebound from the COVID-19 pandemic.

UPDATE 3-UK's FTSE 100 joins global rally, boosted by banks, travel shares

* Equipment rental firm Ashtead rises on steps to boost liquidity

Ashtead warns on profit, withdraws $500 million loan as lockdown dents rentals

Equipment rental firm Ashtead <AHT.L> warned on Monday that its annual profit would come in lower than last year and said it had taken out an extra $500 million in debt, as the company faces a slump in rentals due to the coronavirus-led shutdowns.

UPDATE 1-UK Stocks-Factors to watch on April 27

Britain's FTSE 100 index is seen opening 69 points higher at 5,821 on Monday, according to financial bookmakers, with futures up 1.30% ahead of cash market open.

Ashtead warns on profit, takes out $500 mln in debt as lockdown dents demand

Equipment rental firm Ashtead warned on Monday that its annual profit would come in lower than last year and said it had taken out an extra $500 million in debt, as the company faces a slump in rentals due to the coronavirus-led shutdowns.

UPDATE 1-UK Stocks-Factors to watch on March 3

March 3 - Britain's FTSE 100 index is seen opening 67 points higher at 6,722 on Tuesday, according to financial bookmakers.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up