ASHTY Stock Recent News
ASHTY LATEST HEADLINES
Jefferies has cut its rating on Ashtead Group PLC (LSE:AHT), the equipment rental group, citing the recent strength in the shares. It has moved to 'hold' from 'buy', with the price target lowered to 5,700p from 5,900p.
Ashtead Group plc (OTCPK:ASHTY) Q1 2026 Earnings Call September 3, 2025 6:30 AM EDT Company Participants Brendan Horgan - CEO & Executive Director Alexander Pease - Chief Financial Officer Conference Call Participants Annelies Vermeulen - Morgan Stanley, Research Division Suhasini Varanasi - Goldman Sachs Group, Inc., Research Division William Kirkness - Sanford C. Bernstein & Co., LLC.
Ashtead Group PLC (LSE:AHT) confirmed plans to relist on the New York Stock Exchange in March, as it reported a drop in first-quarter profits compared to last year but raised its cash flow guidance. Revenue came in at $2.8 billion for the three months to 31 July, up 2% year-on-year, with rental revenue also increasing 2% to $2.6 billion.
Here is how Ashtead Group PLC (ASHTY) and MSC Industrial (MSM) have performed compared to their sector so far this year.
The update from Ashtead Technology Holdings PLC (AIM:AT.) on Tuesday morning, confirming its move from AIM to London's main board and solid first-half results, will be reassuring to investors, said analysts.
Subsea equipment specialist Ashtead Technology Holdings PLC (AIM:AT.) floated 12% higher to 386p after releasing a buoyant update and confirmed that it will glide over from AIM to London's main market on the first Monday of October.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ashtead Group (ASHTY) possesses solid growth attributes, which could help it handily outperform the market.
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.