Ashtead Group: Long-Term Outlook Got Better, But Near-Term Outlook Remains Poor

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  Posted by Two Blokes Jun 18 - Filed in Stock - 4 views
  
  I reiterate my hold rating on Ashtead Group as near-term visibility remains limited despite modest rental revenue stabilization. Strong market share gains and a robust North American mega-project pipeline support my long-term bullish thesis for ASHTF. Persistent weakness in local construction markets and a cautious FY26 capex outlook temper my enthusiasm for a near-term recovery.