Today I am looking at three Footsie stocks that could stride higher in June.

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Shares in power generator provider Ashtead Group (LSE: AHT) enjoyed a solid sprint higher last month, the stock gaining 8% from the close of April.

Despite this heady ascent, however, I believe the business still provides exceptional value for money, and that the firm’s full-year financials — pencilled in for Tuesday, June 14th — could provide fuel for Ashtead to gain extra ground.

Ashtead advised in April that” the Group has continued to perform well in the fourth quarter of the current financial year and we expect full year results to be towards the top of the range of current analyst expectations.”

As well as benefitting from rising construction activity across the globe, Ashtead’s marque Sunbelt and A-Plant are continuing to relentlessly grab market share across many markets.

It comes as little surprise, then, that the City expects the rental specialist to follow a 28% earnings rise in the period to April 2016, with advances of 12% and 8% in 2017 and 2018 respectively.

These numbers leave Ashtead dealing on mega-low P/E ratios of 11 times and 10.2 times for these years, leaving plenty of scope for further stock value gains in my opinion.

Construct colossal returns

Concerns over the possibility of reduced buy-to-let activity in the years ahead has kept the homebuilding sector under pressure in recent months.

However, investor sentiment has improved markedly since the end of April, and I believe the likes of  Persimmon (LSE: PSN) could enjoy the same sort of bounce the housing sector enjoyed following last May’s general election, should the UK — as predicted — elect to remain in the European Union at this month’s referendum.

Such a scenario would keep driving population growth and push down long-term labour costs for the likes of Persimmon, naturally.

The homebuilder is predicted to enjoy earnings growth of 6% and 10% in 2016 and 2017 respectively, creating attractive P/E ratings of 11.3 times and 10.4 times for these years. And Persimmon’s dividend yields of 5.2% for 2016 and 5.3% for next year also provide terrific value.

Catwalk star

Market appetite for Ted Baker (LSE: TED) has been more subdued of late by comparison, with Burberry’s ongoing travails in Asia casting a pall over many of the world’s global luxury brands.

However, I believe Ted Baker’s focus on the white-hot ‘street chic’ sub-segment makes it less susceptible to the sort of sales slowdown experienced by many of its peers. And I reckon its next trading update, also pencilled in for June 14th, could prompt a positive share price re-rating.

Ted Baker saw revenues leap 18% higher in the 12 months to January 2016, the designer’s global expansion drive — combined with improvements to its internet presence — helping it to meet the needs of its fashion-conscious clientele. And I expect the top line to keep on surging, particularly as emerging market wealth levels take off.

The number crunchers expect Ted Baker to print earnings rises of 10% and 14% in 2017 and 2018. While subsequent P/E ratings of 22.3 times and 19.5 times may look a tad heady on paper, I reckon the company’s splendid growth prospects merit such a premium.

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Royston Wild has no position in any shares mentioned. The Motley Fool UK has recommended Burberry. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.