ASHTY Stock Recent News

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 returns beyond that.

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 recommended until clearer growth inflection evidence emerges.

ASHTY expects total rental revenues to rise 3-5% in fiscal 2025.

Ashtead Group (ASHTY) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

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 Mckenzie - UBS Neil Tyler - Redburn Atlantic Allen Wells - Jefferies Karl Green - RBC Carl Raynsford - Bernberg James Rose - Barclays Thomas Burlton - BNP Paribas Brendan Horgan Thank you, operator, and good morning, everyone, and welcome to Ashtead Group Q3 results presentation. I'm speaking from our U.S. support office and joined by Alex Pease, and Will Shaw.

Investors with an interest in Industrial Services stocks have likely encountered both Ashtead Group PLC (ASHTY) and W.W. Grainger (GWW).

Here is how Ashtead Group PLC (ASHTY) and DMC Global (BOOM) have performed compared to their sector so far this year.

Ashtead: Long-Term Drivers Remain Positive

Investors interested in stocks from the Industrial Services sector have probably already heard of Ashtead Group PLC (ASHTY) and W.W. Grainger (GWW).

Here is how Ashtead Group PLC (ASHTY) and Lindsay (LNN) have performed compared to their sector so far this year.