Key Points
- Insider buying: Ashtead Technology insider Jean Cahuzac bought 9,500 shares on June 3 at an average price of GBX 423, for a total of about £40,185.
- Stock snapshot: The shares last traded at GBX 427, near their 52-week low of GBX 426 and well below the 52-week high of GBX 893. The company has a market cap of about £338.64 million and a P/E ratio of 13.79.
- Analyst view: Stifel Nicolaus reiterated a buy rating with a GBX 600 price target, and MarketBeat shows a consensus buy rating with an average target price of GBX 637.
Ashtead Technology Holdings Plc (LON:AT - Get Free Report) insider Jean Cahuzac purchased 9,500 shares of the firm's stock in a transaction on Wednesday, June 3rd. The stock was acquired at an average price of GBX 423 per share, with a total value of £40,185.
Ashtead Technology Price Performance
Shares of LON AT opened at GBX 427 on Friday. Ashtead Technology Holdings Plc has a fifty-two week low of GBX 426 and a fifty-two week high of GBX 893. The company has a market cap of £338.64 million, a PE ratio of 13.79 and a beta of 0.43. The company has a debt-to-equity ratio of 78.29, a quick ratio of 1.46 and a current ratio of 2.25. The business has a 50-day simple moving average of GBX 465.98 and a two-hundred day simple moving average of GBX 404.57.
Ashtead Technology (LON:AT - Get Free Report) last posted its quarterly earnings data on Tuesday, March 17th. The company reported GBX 49.40 earnings per share (EPS) for the quarter. Ashtead Technology had a net margin of 15.85% and a return on equity of 21.84%. As a group, equities analysts expect that Ashtead Technology Holdings Plc will post 42.8247734 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, Stifel Nicolaus restated a "buy" rating and set a GBX 600 price target on shares of Ashtead Technology in a research note on Thursday, March 19th. Five research analysts have rated the stock with a Buy rating, According to MarketBeat, Ashtead Technology has a consensus rating of "Buy" and an average target price of GBX 637.
Get Our Latest Stock Analysis on AT
Ashtead Technology Company Profile
(
Get Free Report)
Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products. It also provides mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and diver tooling, intervention skids, topside support, recovery tools, ancillary deck equipment, and fabrication solutions.
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