|Bid||2,172.00 x 203900|
|Ask||2,173.00 x 136800|
|Day's Range||2,168.00 - 2,213.00|
|52 Week Range||1,572.50 - 2,461.00|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||14.25|
|Earnings Date||Jun 18, 2019|
|Forward Dividend & Yield||0.34 (1.84%)|
|1y Target Est||2,438.13|
The exporter-heavy FTSE 100 was up 0.1 percent at its highest closing level since early October, outshining its European and U.S. counterparts, while the midcaps dipped 0.1 percent. Sector heavyweights Shell and BP jumped more than 1 percent to their highest this year, as oil prices were driven by expectations of tighter global supply because of fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela. The gains helped cushion steep falls in blue-chip financial stocks, which were the biggest drags on the FTSE 100.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Ashtead Group plc (LON:AHT) is a company with exceptional fundamental characteristics. Upon building up an investmen...
It might seem bad, but the worst that can happen when you buy a stock (without leverage) is that its share price goes to zero. But in contrast you canRead More...
The FTSE 100 was up 0.7 percent, outperforming its euro zone peers. The FTSE 250 was 0.2 percent higher. GVC led the blue-chip gainers after it reported a surge in net gaming revenue, and Hargreaves Lansdown analyst George Salmon said the gambling firm's digital division remained GVC's "trump card" amid regulatory changes in the industry.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Ashtead Group plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Ashtead Group plc (LON:AHT), a large-cap worth UK£9.5b, comes toRead More...
Want to participate in a short research study? Help shape the future of investing tools and receive a $60 prize! Today we are going to look at Ashtead Group plc Read More...
If you are interested in cashing in on Ashtead Group plc's (LON:AHT) upcoming dividend of UK£0.065 per share, you only have 4 days left to buy the shares before its Read More...
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
The FTSE 100 (.FTSE) top share index was up 1.3 percent at the close with gains in mining stocks and big exporters helping it outperform the domestically tilted FTSE 250 (.FTMC) index, which gained 0.9 percent after hitting two-year lows on Monday. Trading turned volatile towards the close after reports said lawmakers had enough letters to trigger a no-confidence vote in Prime Minister Theresa May's leadership, hours after German leader Angela Merkel ruled out further negotiations on Brexit. "It's virtually impossible to predict the outcome but we take a relatively neutral stance," said Nigel Bolton, chief investment officer of international equities at BlackRock.
European shares rose on Tuesday as optimism over the China-U.S. trade dispute helped them recover from the two-year lows hit in the previous session on a burst of political risk and worries over slowing global growth. The pan-European STOXX 600 (.STOXX) benchmark index rose 1.5 percent, while euro zone stocks (.STOXXE) added 1.3 percent and Germany's DAX (.GDAXI), the most sensitive to China due to its big exporters, rose 1.5 percent. Further cementing expectations that trade talks had not been interrupted was a report that China was preparing to cut its tariffs on U.S. car imports.
Perhaps investors have been too negative. On Tuesday, Ashtead’s soon-to-retire chief executive Geoff Drabble said there’s a “danger of people worrying about a recession that is not anywhere close to upon us.” In reality business conditions are “more sanguine than financial markets,” he told Bloomberg Opinion, referring to customers’ long order backlogs. In any case, Ashtead is now much larger and more resilient than it was when Drabble took over almost 12 years ago. When accounting irregularities got Ashtead into bother with its creditors in 2003, the stock plummeted to just 2.5 pence.
"Our business is performing well in supportive end markets," Ashtead Chief Executive Geoff Drabble said in a statement. Ashtead's Sunbelt business in the United States accounts for 87 percent of its overall revenue, and clean-up efforts in the country following Hurricanes Florence and Michael raised additional rental revenue of between $15 million and $20 million (15.71 million pounds) in the first half, the company said. In a sign of Sunbelt's importance to Ashtead, the company last month appointed Sunbelt's head as its next CEO.
UK shares sustained heavy losses alongside their European peers on Wednesday as worries about slowing growth and trade wars weighed on sentiment. The FTSE 100 (.FTSE) was down 1.44 percent, its worst day since October 11, as a survey showed uncertainty about Brexit left the economy at risk of contracting. Shares in UK housebuilders however bounced off two-year lows as investors and traders covered bearish bets ahead of next week's vote on Prime Minister Theresa May's Brexit deal.
In 2007 Geoff Drabble was appointed CEO of Ashtead Group plc (LON:AHT). First, this article will compare CEO compensation with compensation at other large companies. After that, we will consider Read More...
Sunbelt made up 87 percent of Ashtead's revenue last year. "Geoff has been a dominant force within Ashtead and many investors will be sad to see him step down ... this has been well flagged and planned, with a strong replacement in Brendan Horgan," Jefferies analysts said.
How far off is Ashtead Group plc (LON:AHT) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is Read More...
Most income investors are already familiar with the S&P 500 Dividend Aristocrats, a group of 53 American companies that have increased dividends at least 25 years in a row. As a group, these have been solid holdings for long-term investors, outperforming both the Standard & Poor's 500-stock index and the Dow Jones Industrial Average over the past decade. But they're not the only dividend royalty on the planet. Far from it. There's also a collection of 39 stocks across the pond that have earned the title of European Dividend Aristocrats. These don't have quite the same dividend longevity of their American counterparts, with the index requiring a minimum of just 10 consecutive increases to their annual payouts. But they do have a leg up on the U.S. Aristocrats - they tend to yield more, offering 3% as a group versus just 2.5% for the American Aristocrats. Here's a look at each of these lesser-known (but still very dependable) European Dividend Aristocrats: SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond