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Ashland (ASH)
NYSE:ASH
Holding ASH?
Track your performance easily
ASH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$74.05 - $102.50
Previous Close$77.2
Volume557.98K
Average Volume (3M)437.40K
Market Cap
$3.77B
Enterprise Value$4.82B
Total Cash (Recent Filing)$399.00M
Total Debt (Recent Filing)$1.45B
Price to Earnings (P/E)22.8
Beta0.78
Next Earnings
Feb 04, 2025EPS Estimate
$0.73Last Dividend Ex-Date
Aug 30, 2024Dividend Yield2.01%
Share Statistics
EPS (TTM)3.52
Shares Outstanding48,831,868
10 Day Avg. Volume557,936
30 Day Avg. Volume437,403
Standard Deviation0.08
R-Squared0.36
Alpha-0.00477
Financial Highlights & Ratios
Price to Book (P/B)1.27
Price to Sales (P/S)1.79
Price to Cash Flow (P/CF)7.40
P/FCF Ratio9.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.28
Enterprise Value/Gross Profit7.21
Enterprise Value/Ebitda14.25
Forecast
1Y Price Target
$100.80Price Target Upside29.15% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Ashland News
PremiumCompany Announcements
Ashland Global Holdings Reports Modest Growth Amid Portfolio Changes
PremiumCompany Announcements
Ashland Sees Q4 Sales Increase Amid Strategic Changes
Bulls Say, Bears Say
Bulls Say
Financial PerformanceLife Sciences segment experienced a 17% increase in adjusted EBITDA, driven by stronger pharmaceutical and pesticide ingredient sales.
Market PositioningAshland is well positioned for technology-driven above-market growth and has one of the better balance sheets in chemicals at 2.3x net debt/LTM EBITDA.
Product PerformanceBezu demonstrated an improved benefit compared to Ayvakit on a placebo-adjusted basis across the vast majority of 11 comparable symptom domains, excluding itching and headache.
Bears Say
Business OperationsThe Avoca fragrance ingredients unit is running negative EBITDA and might be shut down.
Financial PerformanceAshland Global Holdings is facing weaker demand from China for paint ingredients, impacting their financial performance.
Market ExpectationsAshland shares fell 9.6% following a disappointing FQ3 release as EBITDA missed by 3% and FQ4 EBITDA guidance was 5% below consensus.
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Ownership Overview
0.93% Insiders
36.86% Mutual Funds
14.18% Other Institutional Investors
21.93% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ASH FAQ
What was Ashland’s price range in the past 12 months?
Ashland lowest stock price was $74.05 and its highest was $102.50 in the past 12 months.
What is Ashland’s market cap?
Currently, no data Available
When is Ashland’s upcoming earnings report date?
Ashland’s upcoming earnings report date is Feb 04, 2025 which is in 81 days.
How were Ashland’s earnings last quarter?
Ashland released its earnings results on Nov 06, 2024. The company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.282 by -$0.022.
Is Ashland overvalued?
According to Wall Street analysts Ashland’s price is currently Undervalued.
Does Ashland pay dividends?
Ashland pays a Quarterly dividend of $0.41 which represents an annual dividend yield of 2.01%. See more information on Ashland dividends here
What is Ashland’s EPS estimate?
Ashland’s EPS estimate is $0.73.
How many shares outstanding does Ashland have?
Ashland has 48,831,867 shares outstanding.
What happened to Ashland’s price movement after its last earnings report?
Ashland reported an EPS of $1.26 in its last earnings report, missing expectations of $1.282. Following the earnings report the stock price went down -7.645%.
Which hedge fund is a major shareholder of Ashland?
Among the largest hedge funds holding Ashland’s share is Eminence Capital LLC. It holds Ashland’s shares valued at 298M.
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Ashland Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$100.80 (29.15% Upside)
$100.80 (29.15% Upside)
Blogger Sentiment
Bullish
ASH Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 95.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.76%
12-Months-Change
Fundamentals
Return on Equity
6.67%
Trailing 12-Months
Asset Growth
-4.95%
Trailing 12-Months
Company Description
Ashland
Ashland Global Holdings, Inc. is a global specialty chemicals company. The company engages in the manufacture and distribution of adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care, and pharmaceutical. It operates through the following segments: Specialty Ingredients, and Intermediates and Solvents. The Specialty Ingredients segment offers industry products, technologies, and resources for solving formulation and product-performance challenges. The Intermediates and Solvents segment produces butanediol and related derivatives, including tetrahydrofuran and n-methylpyrrolidone. The company was founded in 1924 and is headquartered in Covington. KY.
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ASH Company Deck
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ASH Earnings Call
Q4 2024
0:00 / 0:00
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ASH Stock 12 Month Forecast
Average Price Target
$100.80
▲(29.15% Upside)
Technical Analysis
Best Analysts Covering ASH
1 Year
1 Year Success Rate
19/28 ratings generated profit
1 Year Average Return
+3.84%
reiterated a buy rating 2 months ago
Copying David Begleiter's trades and holding each position for 1 Year would result in 67.86% of your transactions generating a profit, with an average return of +3.84% per trade.
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