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Dynamic quotes 
OFFON

ASHTEAD GROUP PLC

(AHT)
  Report
Delayed Quote. Delayed London Stock Exchange - 10/19 11:35:21 am
5930 GBX   -0.07%
10/15ASHTEAD GROUP PLC : Technically solid
10/14ASHTEAD : Goldman Sachs Boosts Ashtead PT, Affirms Buy Rating
MT
10/12ASHTEAD : Goldman Sachs Boosts Ashtead PT, Maintains Buy Rating
MT
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Ashtead Group plc : Technically solid

09/23/2021 | 02:43am EDT
long trade
Stop-loss triggered
Entry price : 6020GBX | Target : 6586GBX | Stop-loss : 5628GBX | Potential : 9.4%
Shares in Ashtead Group plc show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the GBX 6586.
Ashtead Group plc : Ashtead Group plc : Technically solid
Summary
  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.

Strengths
  • The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
  • The company returns high margins, thereby supporting business profitability.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
  • The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

Weaknesses
  • The company benefits from high valuations in earnings multiples.
  • With an enterprise value anticipated at 5.38 times the sales for the current fiscal year, the company turns out to be overvalued.
  • In relation to the value of its tangible assets, the company's valuation appears relatively high.
  • The valuation of the company is particularly high given the cash flows generated by its activity.
  • The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
  • The average consensus view of analysts covering the stock has deteriorated over the past four months.
  • The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

© MarketScreener.com 2021

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2022 5 582 M 7 705 M 7 705 M
Net income 2022 913 M 1 260 M 1 260 M
Net Debt 2022 3 779 M 5 217 M 5 217 M
P/E ratio 2022 29,5x
Yield 2022 0,82%
Capitalization 26 426 M 36 246 M 36 478 M
EV / Sales 2022 5,41x
EV / Sales 2023 4,92x
Nbr of Employees 19 386
Free-Float 97,4%
Upcoming event on ASHTEAD GROUP PLC
12/07/21
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 5 934,00 GBX
Average target price 6 188,00 GBX
Spread / Average Target 4,28%
EPS Revisions
Managers and Directors
Brendan Horgan Chief Executive Officer, COO & Executive Director
Michael Pratt CFO, Treasurer & Executive Director
Paul Ashton Walker Non-Executive Chairman
Lucinda Jane Riches Independent Non-Executive Director
Tanya D. Fratto Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
ASHTEAD GROUP PLC72.60%36 248
UNITED RENTALS, INC.50.64%25 356
AERCAP HOLDINGS N.V.34.09%7 927
WILLSCOT MOBILE MINI HOLDINGS CORP.41.17%7 327
HERC HOLDINGS INC.180.08%5 514
AIR LEASE CORPORATION-5.65%4 784