Ashtead Group PLC (LON:AHT) Investors: Liberum Capital Keeps Buy Rating, Sees GBX 2030.00/Share; Avid Tech (AVID) SI Decreased By 5.35%

December 7, 2017 - By Marie Mckinney

The broker have set PT of GBX 2030.00 on Ashtead Group PLC (LON:AHT) shares. This is 1.53% from the last stock close. In an analyst note revealed to investors on Thursday, 7 December, Liberum Capital reconfirmed their Buy rating on shares of AHT.

Avid Tech Incorporated (NASDAQ:AVID) had a decrease of 5.35% in short interest. AVID’s SI was 4.41M shares in December as released by FINRA. Its down 5.35% from 4.66M shares previously. With 161,300 avg volume, 27 days are for Avid Tech Incorporated (NASDAQ:AVID)’s short sellers to cover AVID’s short positions. The SI to Avid Tech Incorporated’s float is 13.41%. The stock decreased 3.85% or $0.26 during the last trading session, reaching $6.5. About 878,893 shares traded or 124.43% up from the average. Avid Technology, Inc. (NASDAQ:AVID) has declined 5.06% since December 7, 2016 and is downtrending. It has underperformed by 21.76% the S&P500.

Avid Technology, Inc. develops, markets, sells, and supports software and hardware for digital media content production, management, and distribution worldwide. The company has market cap of $267.71 million. The firm offers professional video creative tools, such as Media Composer product line that is used to edit video content; NewsCutter option and iNews systems for news production; Avid Symphony option, which is used during post-production; and Media Composer | Cloud solution that enables broadcast news professionals to acquire, access, edit, and finish stories. It currently has negative earnings. It also offers media management solutions comprising Avid MediaCentral | UX Web and mobile apps that provide real-time access to media assets for media professional; and Avid Interplay asset management solutions, which offers network, storage, and database solutions to enable users to simultaneously share and manage media assets across a project or organization.

Investors sentiment decreased to 1.55 in Q2 2017. Its down 0.17, from 1.72 in 2017Q1. It dived, as 9 investors sold Avid Technology, Inc. shares while 22 reduced holdings. 19 funds opened positions while 29 raised stakes. 28.58 million shares or 0.32% less from 28.67 million shares in 2017Q1 were reported. S Squared Technologies Ltd Liability Company stated it has 1.08% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID). Oppenheimer Asset Mngmt Incorporated reported 0.02% stake. California State Teachers Retirement Systems reported 0% in Avid Technology, Inc. (NASDAQ:AVID). Tower Research Cap Limited Liability Com (Trc) owns 19,954 shares for 0.01% of their portfolio. Nomura Inc has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). 87,800 were accumulated by Connor Clark Lunn Investment Mngmt Limited. Royal Bancorporation Of Canada holds 0% of its portfolio in Avid Technology, Inc. (NASDAQ:AVID) for 64,584 shares. The New York-based Blackrock Inc has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Parametric Port Llc holds 0% in Avid Technology, Inc. (NASDAQ:AVID) or 201,800 shares. Meeder Asset Mgmt Inc has 0% invested in Avid Technology, Inc. (NASDAQ:AVID). United Kingdom-based Legal And General Grp Plc has invested 0% in Avid Technology, Inc. (NASDAQ:AVID). Bnp Paribas Arbitrage reported 8,368 shares stake. Dimensional Fund L P, Texas-based fund reported 1.91M shares. Goldman Sachs Grp Inc has 0% invested in Avid Technology, Inc. (NASDAQ:AVID) for 13,415 shares. Susquehanna Group Inc Llp owns 33,535 shares for 0% of their portfolio.

Since June 13, 2017, it had 2 insider buys, and 0 selling transactions for $1.39 million activity. HERNANDEZ LOUIS JR bought 141,447 shares worth $707,079.

Among 3 analysts covering Avid Technology (NASDAQ:AVID), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Avid Technology had 5 analyst reports since August 11, 2015 according to SRatingsIntel. As per Thursday, November 10, the company rating was downgraded by BWS Financial. BWS Financial maintained the stock with “Buy” rating in Wednesday, November 11 report. The rating was initiated by Singular Research on Wednesday, December 9 with “Buy”. The firm earned “Buy” rating on Tuesday, August 11 by Dougherty & Company.

Among 20 analysts covering Ashtead Group PLC (LON:AHT), 14 have Buy rating, 1 Sell and 5 Hold. Therefore 70% are positive. Ashtead Group PLC has GBX 2400 highest and GBX 660 lowest target. GBX 1744.95’s average target is -12.49% below currents GBX 1994 stock price. Ashtead Group PLC had 197 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Neutral” rating by BNP Paribas on Monday, July 25. As per Tuesday, September 27, the company rating was upgraded by Credit Suisse. The company was maintained on Thursday, December 7 by Liberum Capital. The firm earned “Buy” rating on Monday, February 1 by Numis Securities. The stock of Ashtead Group plc (LON:AHT) has “Buy” rating given on Friday, October 14 by Jefferies. The rating was maintained by BNP Paribas with “Outperform” on Monday, June 13. The company was maintained on Friday, February 26 by UBS. Liberum Capital maintained the stock with “Buy” rating in Monday, April 3 report. The stock has “Sell” rating by Deutsche Bank on Wednesday, June 15. JP Morgan maintained the shares of AHT in report on Thursday, September 8 with “Overweight” rating.

Analysts await Ashtead Group plc (LON:AHT) to report earnings on February, 22. They expect $0.21 EPS, up 31.25% or $0.05 from last year’s $0.16 per share. AHT’s profit will be $1.04 million for 2373.81 P/E if the $0.21 EPS becomes a reality. After $0.30 actual EPS reported by Ashtead Group plc for the previous quarter, Wall Street now forecasts -30.00% negative EPS growth.

The stock increased 1.17% or GBX 23 during the last trading session, reaching GBX 1994. About 300,838 shares traded. Ashtead Group plc (LON:AHT) has 0.00% since December 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. The company has market cap of 9.92 billion GBP. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. It has a 18.69 P/E ratio. The firm provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.

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