Ashtead Share Discussion Threads

[topicel] 23/7/2015 08:35

Snap! If we get that rating on a day like today, clearly related to URI results, then we have plenty of hope.

The question of a share buyback programme here could be a very interesting one...

Topicel

[bigboots] 23/7/2015 08:34

Great report in the Torygraph this morning on ASHTEAD

[2flatpack] 23/7/2015 08:11

OUCH !
These falling knives are sharp.
Cheers

[loss-leader] 23/7/2015 08:10

To my surprise - triggered by a speculative limit - I'm In!

LL

[topicel] 23/7/2015 08:09

Blimey, not a good start then!

Topicel

[topicel] 23/7/2015 08:00

URI firming overnight, no just down 1.45% in after hours trading...

I still reckon the results are fine and the improved share buyback programme will assist the stock as Wall Street wakes up for the Opening Bell.

Whatever, if we assume the news leaked in any way then our fall yesterday should be priced in. Watching closely because regardless of what Jefferies have said about £13.85 target, the consensus among all brokers covering AHT suggests way above £10, with an average around £11.75 or so.

Just because we are exposed greatly in the States isn't a great problem aside from the currency's strength, but hopefully that will have been hedged sufficiently by the BoD now....

Topicel

[bigboots] 23/7/2015 07:19

UNDERVALUED OR WHAT.....

23 Jul 2015 Ashtead Group PLC AHT Jefferies International Buy 1,007.00 1,007.00 1,385.00 1,385.00 Reiterates

[deadcatbounce] 22/7/2015 23:54

Clarky posted
"I am worried tho that they might have sight of URI info before us. Im sure the FSA have a name for that...."

Seems like you were right.

[discodave4] 22/7/2015 22:47

URI Q2 Results:Michael Kneeland, chief executive officer of United Rentals, said, "We solidly improved our profitability in the second quarter year-over-year, with record results for second quarter EBITDA margin and adjusted EPS. Demand for our equipment is clearly there, and our industry is expected to benefit from solid growth in the years ahead as oil drilling stabilizes and rental fleet is absorbed. Industry experts are projecting years of growth ahead, led by the ongoing rebound in non-residential construction. Given this outlook, and our ability to drive profitable growth and returns, we are accelerating our current $750 million share repurchase program and announcing an additional $1 billion repurchase program. These decisions underscore our commitment to return capital and deliver value to our stockholders."DD

[matt123d] 22/7/2015 22:13

URI trading $73.25 down 5.5%

[topicel] 22/7/2015 21:50

URI second quarter earnings in 2014 were up 13% and the stock was trading +3% in early after hours trading with good forward guidance due to an improved commercial sector rental market.

Assuming the miners don't drag the UK markets down further again, we could see good upside for AHT on the back of those URI numbers if repeated...

Topicel

[bracke] 22/7/2015 15:34

That's ok then clarky. This is a ramp free zone..............but deramping is ok.

Now there's just that 30 point gap to fill first.

[mike740] 22/7/2015 15:22

Lies actually clarky. HYPING would include opinion and hunch.

Thanks for the info by the way on United Rentals. Please keep the thread informed.

cheers.

[clarky5150] 22/7/2015 15:18

ramping is selling up a stock based on personal opinion/hunch/lies/etc. I am merely posting facts which are open source for all to read. I could never be accused of ramping surely...

1500 BY NEXT WEEK!!!! (just kidding)

[bracke] 22/7/2015 13:22

You'r not ramping are you clarky?

[clarky5150] 22/7/2015 12:22

Posted 23hrs ago....

Investors are always looking for stocks that are poised to beat at earnings season and United Rentals, Inc. (URI - Snapshot Report) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.



That is because United Rentals is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings—with the most up-to-date information possible—is a pretty good indicator of some favorable trends underneath the surface for URI in this report.

In fact, the Most Accurate Estimate for the current quarter is currently at $1.84 per share for URI, compared to a broader Zacks Consensus Estimate of $1.83 per share. This suggests that analysts have very recently bumped up their estimates for URI, giving the stock a Zacks Earnings ESP of 0.55% heading into earnings season.

Why is this Important?

A positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here).

Given that URI has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Clearly, recent earnings estimate revisions suggest that good things are ahead for United Rentals, and that a beat might be in the cards for the upcoming report.

[2flatpack] 22/7/2015 11:51

URI down yesterday by 59 -0.74%
The double downgrade for AHT is quoted on the URI site of the IG platform and ends with :-
URI reports Q215 results this week , with brokers Jefferies expecting consensus downgrade.
What the hell does that mean?
Thinking of selling up and going to bed today.
cheers