Ashtead Group (AHT)

Sector:

Support

Index:

FTSE 100

5,976.00p
   
  • Change Today:
    -128.00p
  • 52 Week High: 6,144.00p
  • 52 Week Low: 4,566.00p
  • Currency: UK Pounds
  • Shares Issued: 437.30m
  • Volume: 189,061
  • Market Cap: £26,133m
  • RiskGrade: 116

Tuesday preview: Global services PMIs, Ashtead in the spotlight

By Alexander Bueso

Date: Monday 04 Sep 2023

LONDON (ShareCast) - (Sharecast News) - All eyes on Tuesday would be on the Asia Pacific region.




Overnight, private sector survey compiler Caixin was to release its Chinese services sector Purchasing Managers' Index for August.

It would follow the latest interest rate announcement from Down Under, with rate-setters in Sydney expected to keep short-term rates at 4.1%.

On home shores, S&P Global would publish a final reading for its own services PMI covering that same month at 0930 BST.

Final readings for services PMIs in the single currency bloc were also due out, at 0900 BST.

Stateside, the Treasury was scheduled to hold auctions for debt maturing in three and six months' time, as well as for 52-week bills.

On the corporate side of things, Ashtead was to report on its first quarter.

For the last quarter of the previous financial year, the equipment rental company posted a bumper set of results, boosted by the resilience of its U.S. arm, Sunbelt, Michael Hewson, chief market analyst at CMC Markets UK pointed out.

Consensus was for an increase in revenues to $2.65bn, up from $2.13bn in the fourth quarter and with Sunbelt expected to contribute the bulk of that, or $2.27bn.

Operating margins meanwhile were pegged to come in unchanged at 30% with net profit seen rising to $476m.

5 September

FINALS

Alumasc Group, Craneware

INTERIMS

Midwich Group, Getbusy, Eurocell, The Pebble Group

Luceco, Johnson Service Group, Ecora Resources, Sigmaroc, Tissue Regenix Group, Headlam Group

STV Group, Gamma Communications

Q1

Ashtead Group

AGMS

Renold, Iomart Group, Smith (DS), Brickability Group

UK ECONOMIC ANNOUNCEMENTS

BRC Sales Monitor (00:01)

PMI Services (09:30)

PMI Composite (09:30)

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

PMI Composite (GER) (08:55)

PMI Services (GER) (08:55)

PMI Composite (EU) (09:00)

PMI Services (EU) (09:00)

Producer Price Index (EU) (10:00)

Factory Orders (US) (15:00)

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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 5,976.00p
Change Today -128.00p
% Change -2.10 %
52 Week High 6,144.00p
52 Week Low 4,566.00p
Volume 189,061
Shares Issued 437.30m
Market Cap £26,133m
RiskGrade 116

Ashtead Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
83.5% below the market average83.5% below the market average83.5% below the market average83.5% below the market average83.5% below the market average
75.56% below the sector average75.56% below the sector average75.56% below the sector average75.56% below the sector average75.56% below the sector average
Price Trend
87.03% above the market average87.03% above the market average87.03% above the market average87.03% above the market average87.03% above the market average
74.00% above the sector average74.00% above the sector average74.00% above the sector average74.00% above the sector average74.00% above the sector average
Income
50.94% below the market average50.94% below the market average50.94% below the market average50.94% below the market average50.94% below the market average
59.38% below the sector average59.38% below the sector average59.38% below the sector average59.38% below the sector average59.38% below the sector average
Growth
49.65% above the market average49.65% above the market average49.65% above the market average49.65% above the market average49.65% above the market average
37.37% above the sector average37.37% above the sector average37.37% above the sector average37.37% above the sector average37.37% 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
  Interim Final
Ex-Div 11-Jan-24 10-Aug-23
Paid 08-Feb-24 12-Sep-23
Amount 15.75¢ 85.00¢

Trades for 29-Apr-2024

Time Volume / Share Price
15:41 58 @ 5,976.00p
15:41 33 @ 5,976.00p
15:41 30 @ 5,976.00p
15:41 2 @ 5,976.00p
15:41 52 @ 5,976.00p

Ashtead Group Key Personnel

CEO Brendan Horgan
CFO Michael Pratt

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