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How to buy Ashtead Group (AHT) shares
Learn how to easily invest in Ashtead Group shares.
Ashtead Group PLC (AHT) is a leading rental & leasing services business based in the UK. It opened the day at 4596p after a previous close of 4533p. During the day the price has varied from a low of 4583p to a high of 4625p. The latest price was 4599p (25 minute delay). Ashtead Group is listed on the London Stock Exchange (LSE) and employs 21,752 staff. All prices are listed in pence sterling.
How to buy shares in Ashtead Group
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – AHT – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
How has Coronavirus impacted Ashtead Group's stock price?
Since the stock market crash in March caused by coronavirus, Ashtead Group's stock price has had significant positive movement.
Its last market close was 4533p, which is 39.53% up on its pre-crash value of 2741p and 348.81% up on the lowest point reached during the March crash when the stocks fell as low as 1010p.
If you had bought £1,000 worth of Ashtead Group stocks at the start of February 2020, those stocks would have been worth £536.80 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £1,822.72.
Ashtead Group shares at a glance
|52-week range||3,269.00p - 6,557.95p|
|50-day moving average||3,903.04p|
|200-day moving average||4,932.95p|
|Wall St. target price||53.19p|
|Dividend yield||0.8p (1.42%)|
|Earnings per share (TTM)||2.30p|
Ashtead Group stock price (London Stock Exchange (LSE):AHT)Use our graph to track the performance of AHT stocks over time.
Ashtead Group price performance over time
|1 week (2022-08-01)||1.61%|
|1 month (2022-07-08)||20.14%|
|3 months (2022-05-05)||13.16%|
|6 months (2022-02-08)||-7.45%|
|1 year (2021-08-06)||-15.46%|
|2 years (2020-08-07)||76.00%|
|3 years (2019-08-08)||106.05%|
|5 years (2017-08-07)||176.38%|
Is Ashtead Group under- or over-valued?
Valuing Ashtead Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ashtead Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ashtead Group's P/E ratio
Ashtead Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Ashtead Group shares trade at around 20x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71).
Ashtead Group's PEG ratio
Ashtead Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.78. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ashtead Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Ashtead Group's EBITDA
Ashtead Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £3.5 billion.
The EBITDA is a measure of a Ashtead Group's overall financial performance and is widely used to measure a its profitability.
Ashtead Group financials
|Revenue TTM||£8 billion|
|Operating margin TTM||24.54%|
|Gross profit TTM||£7.7 billion|
|Return on assets TTM||8.68%|
|Return on equity TTM||26.18%|
|Market capitalisation||£20 billion|
TTM: trailing 12 months
Ashtead Group's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Ashtead Group.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Ashtead Group's total ESG risk score
Total ESG risk: 25.91
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ashtead Group's overall score of 25.91 (as at 01/01/2019) is pretty good – landing it in it in the 25th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Ashtead Group is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Ashtead Group's environmental score
Environmental score: 13.51/100
Ashtead Group's environmental score of 13.51 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Ashtead Group is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Ashtead Group's social score
Social score: 9.07/100
Ashtead Group's social score of 9.07 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Ashtead Group is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Ashtead Group's governance score
Governance score: 12.33/100
Ashtead Group's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Ashtead Group is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Ashtead Group's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Ashtead Group scored a 1 out of 5 for controversy – the highest score possible, reflecting that Ashtead Group has managed to keep its nose clean.
Ashtead Group share dividends
Dividend payout ratio: 41.52% of net profits
Recently Ashtead Group has paid out, on average, around 41.52% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ashtead Group shareholders could enjoy a 1.42% return on their shares, in the form of dividend payments. In Ashtead Group's case, that would currently equate to about 0.8p per share.
While Ashtead Group's payout ratio might seem fairly standard, it's worth remembering that Ashtead Group may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 11 August 2022 (the "ex-dividend date").
Have Ashtead Group's shares ever split?
Ashtead Group's shares were split on a 2:1 basis on 4 November 1997. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Ashtead Group shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Ashtead Group shares which in turn could have impacted Ashtead Group's share price.
Ashtead Group share price volatility
Over the last 12 months, Ashtead Group's shares have ranged in value from as little as 3269p up to 6557.9525p. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Ashtead Group's is 1.6135. This would suggest that Ashtead Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ashtead Group overview
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. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 967 stores in the United States, 89 stores in Canada, and 177 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom. .
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Frequently asked questions
Ashtead Group in the news
At UK£41.89, Is It Time To Put Ashtead Group plc (LON:AHT) On Your Watch List?
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