ASHTF Stock Recent News

Ashtead Group (ASHTY) possesses solid growth attributes, which could help it handily outperform the market.

Ashtead Group PLC (ASHTY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Ashtead Group (ASHTY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Shares in Ashtead Technology Holdings PLC (AIM:AT.) fell 21% on Thursday after the subsea services group reported lower-than-expected revenues for the first half of 2025, despite maintaining profit guidance for the full year.

Stifel has revised its 12-month price target on Ashtead Technology Holdings PLC (AIM:AT.) to 660p, down from 900p, while reiterating a 'buy' rating on the shares.

Ashtead's latest results were solid but unremarkable, with rental revenue up 4% (constant currency) and strong free cash flow of $1.8bn. Despite short-term economic uncertainty, I remain optimistic due to robust U.S. megaproject activity and Ashtead's ongoing Sunbelt 4.0 growth strategy. Valuation is in line with peers, but Ashtead's proven business model and North American focus support a premium, long-term investment case.

ASHTY beats Q4 earnings estimates despite a 4% y/y revenue dip, with rental gains offsetting equipment sales declines.

I reiterate my hold rating on Ashtead Group as near-term visibility remains limited despite modest rental revenue stabilization. Strong market share gains and a robust North American mega-project pipeline support my long-term bullish thesis for ASHTF. Persistent weakness in local construction markets and a cautious FY26 capex outlook temper my enthusiasm for a near-term recovery.

Ashtead Group plc's disciplined capital pull-back, specialty growth, and data-driven logistics position it to convert current headwinds into future operating leverage and outperformance. Despite labor shortages and housing softness, Sunbelt's near-100% cash conversion, specialty margin expansion, and cluster-based efficiency drive resilient cash flow and shareholder returns. ASHTY valuation sits above historical averages, but strong cash flow, capital efficiency, and a 13.4% forecasted annual return justify a Buy rating, not a Strong Buy.

Ashtead Group plc (OTCPK:ASHTF) Q4 2025 Earnings Call June 17, 2025 5:00 AM ET Company Participants Alexander W. Pease - Chief Financial Officer Brendan Horgan - CEO & Executive Director Conference Call Participants Allen David Wells - Jefferies LLC, Research Division Annelies Judith Godelieve Vermeulen - Morgan Stanley, Research Division Arnaud Lehmann - BofA Securities, Research Division Carl Raynsford - Joh.