ASHTY News and Press, Ashtead Group plc ADR From 03/17/23

2023-03-17 13:14:30 ET Summary The leader in rental equipment industry offers attractive returns, in spite of short-term risk of recession. United Rentals' well thought out growth strategy has created an important competitive advantage. High free cash flow allows the managemen...

2023-03-08 15:27:36 ET Summary Ashtead Group plc has increased its capex and revenue growth guidance for FY23 and FY24. Despite supply constraints, inflation, and a lack of skilled workers, Ashtead Group is still gaining market share and benefiting from increasing rental penetrati...

2023-03-07 15:54:02 ET Ashtead Group plc (ASHTF) Q3 2023 Earnings Conference Call March 07, 2023, 05:00 AM ET Company Participants Brendan Horgan - Chief Executive Officer Michael Pratt - Chief Financial Officer Conference Call Participants Robert Werthei...

2023-03-07 12:05:26 ET The following slide deck was published by Ashtead Group plc in conjunction with their 2023 Q3 earnings call. For further details see: Ashtead Group plc 2023 Q3 - Results - Earnings Call Presentation

Summary Giverny Capital Asset Management, LLC is a partnership between Giverny Capital of Montreal and David Poppe, the former president and chief executive officer of Ruane, Cunniff & Goldfarb, LLC. For the fourth quarter of 2022, Giverny Capital Asset Management’s model por...

Summary Ashtead has seen a strong price rise in 2023 so far, far outpacing the S&P 500 index. Its upcoming results could bolster it further. The construction equipment rental provider has already seen robust growth, and its outlook is healthy too. It also has a record of beating exp...

Summary Gardner Russo & Quinn’s 13F portfolio value increased from $8.27B to $9.06B. Russo increased Netflix while reducing Unilever during the quarter. The top three 13F stakes are Berkshire Hathaway, Nestle, and Mastercard. They add up to ~40% of the portfolio. ...

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The International Growth ACWI ex-US Strategy takes ...

Ashtead Group plc ( OTCPK:ASHTY ) declares $0.55/share dividend. Forward yield 0.93% Payable Jan. 31; for shareholders of record Jan. 16; ex-div Jan. 13. See ASHTY Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Ashtead Group plc ...

Summary One trend in these firms is growth creation through acquisitions. One example of public LBO firms we have in the portfolio is Ashtead Group plc. The runway for growth through penetration is long. Given a conservative projected EPS growth of 10% per year, Ashtead should t...