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HDSN vs. ASHTY: Which Stock Is the Better Value Option?

HDSN vs. ASHTY: Which Stock Is the Better Value Option?

Liberum expects the building materials and equipment hire sector to recover in 2023 with the rotation that impacted the sector in 2022 expected to reverse when inflation and interest rate expectations peak. The London-based broker sees strong labour markets, good infrastructure demand, and mega-projects in the US as mitigating factors in any potential downturn in demand.

Ashtead Group plc (OTCPK:ASHTF) Q2 2023 Earnings Conference Call December 6, 2022 5:00 AM ET Company Participants Brendan Horgan - Chief Executive Officer Michael Pratt - Chief Financial Officer Will Shaw - Director, Investor Relations Conference Call Participants Rahul Chopra - HSBC Annelies Vermeulen - Morgan Stanley Arnaud Lehman - Bank of America James Rose - Barclays Dominic Edridge - Deutsche Bank Allen Wells - Jefferies Karl Green - RBC Neil Tyler - Redburn Steve Woolf - Numis Securities Operator Hello. And welcome to the Ashtead Interim's Analyst Call.

Ashtead Group PLC (LSE:AHT) was in upbeat mood as it reported half-year numbers forecasting full-year results would be “ahead of our previous expectations.” “Our business is performing well with clear momentum in robust end markets” the company said.

HDSN vs. ASHTY: Which Stock Is the Better Value Option?

Ashtead Group (ASHTF) is dual listed on LSE and NYSE. An equipment rental market leader with a U.S., U.K. and Canada based international store network.