Added to YB: 2024-03-12
Pitch date: 2024-03-12
AHT.L [bullish]
Sunbelt Rentals Holdings, Inc.
+15.41%
current return
Author Info
No bio for this author
Company Info
Sunbelt Rentals Holdings, Inc., together with its subsidiaries, engages in the construction, industrial, and general equipment rental business under the Sunbelt Rentals brand name in the United States, the United Kingdom, and Canada.
Market Cap
$28.1B
Pitch Price
$48.61
Price Target
N/A
Dividend
1.64%
EV/EBITDA
12.36
P/E
21.77
EV/Sales
3.47
Sector
Trading Companies and Distributors
Category
growth
AGB 2024.2 - Ashtead Group - $AHT.L
AHT.L: N.America's 2nd biggest equip rental, 1M+ units, 1.5K+ locations. US via Sunbelt; UK leader. Expands M&A, greenfields, high specialty rental potential. Scale advantages procurement, service. Targets higher ROI specialties, clusters. FY24 capex fleet grow. 10-20% returns, infra spend upside. Diversified, less cyclical.
Read full article (11 min)