Ashtead Group plc (LON:AHT - Get Free Report) insider Brendan Horgan purchased 4,000 shares of the business's stock in a transaction on Wednesday, December 11th. The stock was bought at an average cost of GBX 5,320 ($67.44) per share, for a total transaction of £212,800 ($269,742.68).
Ashtead Group Stock Performance
Shares of AHT opened at GBX 5,248 ($66.52) on Friday. The stock has a market capitalization of £22.92 billion, a price-to-earnings ratio of 1,980.38, a PEG ratio of 1.32 and a beta of 1.22. The company has a current ratio of 1.17, a quick ratio of 1.13 and a debt-to-equity ratio of 145.75. The firm has a fifty day simple moving average of GBX 5,998.79 and a 200 day simple moving average of GBX 5,604.65. Ashtead Group plc has a 12 month low of GBX 4,711 ($59.72) and a 12 month high of GBX 6,448 ($81.73).
Ashtead Group Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be paid a $0.36 dividend. This represents a yield of 0.45%. The ex-dividend date is Thursday, January 9th. Ashtead Group's dividend payout ratio is currently 3,018.87%.
Analyst Ratings Changes
AHT has been the topic of a number of research reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 7,000 ($88.73) price target on shares of Ashtead Group in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 6,500 ($82.39) target price on shares of Ashtead Group in a report on Wednesday, September 4th. JPMorgan Chase & Co. increased their target price on shares of Ashtead Group from GBX 6,600 ($83.66) to GBX 7,300 ($92.53) and gave the stock an "overweight" rating in a report on Friday, December 6th. Finally, Jefferies Financial Group restated a "buy" rating and set a GBX 6,150 ($77.96) target price on shares of Ashtead Group in a report on Tuesday, September 3rd. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 6,441.67 ($81.65).
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Get Our Latest Analysis on Ashtead Group
Ashtead Group Company Profile
(
Get Free Report)
Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
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