Ashtead Stock News

Ashtead Group PLC (LSE:AHT) shares came under pressure on Tuesday after analysts downgraded the equipment rental giant to Sector Perform from Outperform, warning that a slowdown in the US could hit demand harder than expected. The downgrade follows a sharp cut to earnings forecasts, even though revenue estimates were only trimmed by 6% for 2026 and 13% for 2027.

Ashtead Group is a less popular choice for investors looking to gain exposure in the consolidating construction equipment rental sector. Even though the ASHTY stock trades at a discount to its main peer - United Rentals, a closer look at the two companies reveals that this is likely to change. In the near-term, ASHTY is in a good position to outperform URI and to deliver at par shareholder retu...

Downgrade Ashtead Group to hold due to near-term uncertainties, despite maintaining a positive long-term outlook anchored on achieving FY29 adj EBITDA targets. Weak US rental trends, macro risks, and potential tariff impacts create headwinds, affecting investor sentiment and delaying rental demand recovery. Valuation remains depressed, reflecting market concerns; a wait-and-see approach is reco...

Ashtead Group plc (OTCPK:ASHTF) Q3 2025 Results Conference Call March 4, 2025 7:00 AM ET Company Participants Brendan Horgan - Chief Executive Officer Alex Pease - Chief financial officer Conference Call Participants Lush Mahendrarajah - JP Morgan Rob Wertheimer - Melius Research Suhasini Varanasi - Goldman Sachs Katie Fleischer - KeyBanc Capital Markets Annelies Vermeulen - Morgan Stanley Rory...

Ashtead: Long-Term Drivers Remain Positive

Ashtead Group PLC (LSE:AHT) said it will be listed in the US as Sunbelt Rentals, which will be the new parent company, with a secondary listing in London, if investors vote for it at a meeting in June. This follows the decision of the equipment rental group's board that a US primary listing would be in the best interests of the company and investors, with a secondary listing retained in London.

Focus on companies with proven business models, strong management, and potential for long-term market share growth in large industries. M&T Bank, Ashtead Group, Installed Building Products, Fiserv, Ferguson, Kinsale Capital Group, Align Technologies, and Medpace Holdings are highlighted investments. Emphasis on conservative financial practices, market dominance, and strategic capital deployment...

Ashtead Technology Holdings PLC (AIM:AT.) said it put in a strong performance in 2024 despite the uncertainties surrounding offshore oil and gas exploration.