Ashtead Stock News

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.

KKR & Co Inc's broad-based expansion and evolving earnings profile, driven by significant AUM growth and stable revenue streams, highlight its long-term potential despite economic headwinds. Amazon's relentless focus on customer satisfaction and strategic investments in logistics and AI infrastructure continue to drive sustainable cash flow growth and margin expansion. Alphabet's AI-driven inno...

I maintain a buy rating for Ashtead Group, confident in its long-term growth potential despite near-term uncertainties and recent earnings misses. AHT's FY29 adj EBITDA guidance remains achievable, driven by strong demand for mega projects and positive forward-looking indicators like the Dodge momentum index. Near-term risks include elevated interest rates impacting local construction demand an...

Ashtead Group PLC (LSE:AHT) faced a sharp drop for a second day running on Wednesday as analysts trimmed estimates in the wake of Tuesday's cut to full-year guidance. Though the industrial equipment rental firm detailed plans to shift its primary listing from London to the US, the news was overshadowed by a separate profit warning in interims.