Ashtead Group (AHT)

Sector:

Support

Index:

FTSE 100

5,788.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 6,104.00p
  • 52 Week Low: 4,694.00p
  • Currency: UK Pounds
  • Shares Issued: 451.35m
  • Volume: 776,483
  • Market Cap: £26,124m
  • RiskGrade: 116

Liberum upgrades Howden, downgrades HSS Hire and Ashtead

By Michele Maatouk

Date: Tuesday 19 May 2020

LONDON (ShareCast) - (Sharecast News) - Liberum reviewed its ratings on a number of stocks in the building materials and equipment hire sectors on Tuesday, noting a preference for Howden and Travis Perkins.

The broker upped Howden to 'buy' from 'hold', saying that its shares have fallen too far and it is convinced the long-term story is intact. Liberum added that kitchen demand proved surprisingly resilient during the Great Financial Crisis.

It downgraded HSS Hire to 'sell' from 'hold' as it argued the valuation does not adequately price in financial risk, and Ashtead to 'hold' from 'buy' as it sees little upside in the shares after their strong run. It also said Ashtead's valuation looks full on estimates that assume a relatively soft landing for the economy.

"We find that all of our coverage has enough facilities and covenant headroom to get through to the other side of the crisis, except for SIG and HSS, which are, as a result, our least preferred stocks," it said.

Liberum said buy-rated Travis Perkins is a contrarian call.

"We think that the market is overly pessimistic on the financial position. It is also missing the value creation from the Wickes demerger and (eventual) sale of Plumbing & Heating, which should re-rate the core, not least as 70% of leases leave the group," it said.

Liberum said it sees more value in the small cap stocks in its universe and has 'buy' ratings on Volution, Tyman, Speedy Hire, SigmaRoc and Safestyle.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Ashtead Group Market Data

Currency UK Pounds
Share Price 5,788.00p
Change Today -14.00p
% Change -0.24 %
52 Week High 6,104.00p
52 Week Low 4,694.00p
Volume 776,483
Shares Issued 451.35m
Market Cap £26,124m
RiskGrade 116

Ashtead Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average20.82% below the market average
26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average26.67% below the sector average
Price Trend
45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average45.72% above the market average
25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average25.25% above the sector average
Income
84.47% below the market average84.47% below the market average84.47% below the market average84.47% below the market average84.47% below the market average
79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average79.66% below the sector average
Growth
14.83% above the market average14.83% above the market average14.83% above the market average14.83% above the market average14.83% above the market average
21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average21.74% above the sector average

What The Brokers Say

Strong Buy 6
Buy 10
Neutral 3
Sell 1
Strong Sell 0
Total 20
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ashtead Group Dividends

  Latest Previous
  Final Interim
Ex-Div 08-Aug-24 11-Jan-24
Paid 10-Sep-24 08-Feb-24
Amount 89.25¢ 15.75¢

Trades for 31-Oct-2024

Time Volume / Share Price
17:32 15,706 @ 5,754.25p
17:32 1,992 @ 5,754.25p
17:32 45,293 @ 5,760.21p
17:32 20,885 @ 5,754.73p
16:39 210 @ 5,788.00p

Ashtead Group Key Personnel

CEO Brendan Horgan
CFO Michael Pratt

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