Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Ashland Global Holdings, Inc. (ASH)
:ASH
Holding ASH?
Track your performance easily
ASH Stock Chart & Stats
Day’s Range― - ―
52-Week Range$68.15 - $102.50
Previous CloseN/A
Volume49.57K
Average Volume (3M)473.72K
Market Cap
$3.37B
Enterprise Value$5.36B
Total Cash (Recent Filing)$566.00M
Total Debt (Recent Filing)$2.58B
Price to Earnings (P/E)21.1
Beta0.76
Next Earnings
Jan 28, 2025EPS Estimate
0.23Last Dividend Ex-Date
Nov 29, 2024Dividend Yield2.24%
Share Statistics
EPS (TTM)3.52
Shares Outstanding47,180,428
10 Day Avg. Volume457,085
30 Day Avg. Volume473,717
Standard Deviation0.08
R-Squared0.35
Alpha-0.00676
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.59
Price to Cash Flow (P/CF)10.50
P/FCF Ratio11.50
Enterprise Value/Market Cap1.59
Enterprise Value/Revenue2.54
Enterprise Value/Gross Profit8.67
Enterprise Value/Ebitda13.99
Forecast
1Y Price Target
$90.75Price Target Upside27.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Ashland News
PremiumCompany Announcements
Ashland Announces Departure of Finance VP Eric Boni
Bulls Say, Bears Say
Bulls Say
Cost Savings And Margin ImprovementUp to 400 bps 3-year margin gain targeted with significant cost savings initiatives planned.
Financial Performance And Growth StrategyASH is targeting $600MM in EBITDA by FY27, driven by cost savings and top-line growth.
Globalization And InnovationGlobalization of four high value areas, and ramp of seven new product platforms are expected to drive above-market growth.
Bears Say
Consumer DemandLowering estimates to reflect risks to consumer demand, particularly in Asia and Europe.
Financial PerformanceAshland Global Holdings is facing weaker demand from China for paint ingredients, impacting their financial performance.
Market ConditionsManagement continues to expect challenging market conditions, especially given a weakening Chinese economy with potential ripple effects on other export markets.
---
Ownership Overview
0.99% Insiders
37.05% Mutual Funds
0.94% Other Institutional Investors
33.58% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
---
ASH FAQ
What was Ashland Global Holdings, Inc.’s price range in the past 12 months?
Ashland Global Holdings, Inc. lowest stock price was $68.14 and its highest was $102.50 in the past 12 months.
What is Ashland Global Holdings, Inc.’s market cap?
Ashland Global Holdings, Inc.’s market cap is $3.37B.
When is Ashland Global Holdings, Inc.’s upcoming earnings report date?
Ashland Global Holdings, Inc.’s upcoming earnings report date is Jan 28, 2025 which is in 7 days.
How were Ashland Global Holdings, Inc.’s earnings last quarter?
Ashland Global Holdings, Inc. 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 Global Holdings, Inc. overvalued?
According to Wall Street analysts Ashland Global Holdings, Inc.’s price is currently Undervalued.
Does Ashland Global Holdings, Inc. pay dividends?
Ashland Global Holdings, Inc. pays a Quarterly dividend of $1.599 which represents an annual dividend yield of 2.24%. See more information on Ashland Global Holdings, Inc. dividends here
What is Ashland Global Holdings, Inc.’s EPS estimate?
Ashland Global Holdings, Inc.’s EPS estimate is 0.23.
How many shares outstanding does Ashland Global Holdings, Inc. have?
Ashland Global Holdings, Inc. has 47,180,428 shares outstanding.
What happened to Ashland Global Holdings, Inc.’s price movement after its last earnings report?
Ashland Global Holdings, Inc. 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 -7.65%.
Which hedge fund is a major shareholder of Ashland Global Holdings, Inc.?
Currently, no hedge funds are holding shares in ASH
---
Ashland Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$90.75 (27.05% Upside)
$90.75 (27.05% Upside)
Blogger Sentiment
Bullish
ASH Sentiment 70%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 490.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.0%
Last 30 Days ▲ 2.6%
Last 30 Days ▲ 2.6%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-7.29%
12-Months-Change
Fundamentals
Return on Equity
6.67%
Trailing 12-Months
Asset Growth
-4.95%
Trailing 12-Months
Company Description
Ashland Global Holdings, Inc.
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.
---
ASH Company Deck
---
ASH Earnings Call
Q4 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook, with strong growth in adjusted EBITDA and successful portfolio optimization efforts. However, concerns about the Chinese market and operational challenges in Specialty Additives pose significant risks. Despite these challenges, Ashland remains focused on driving growth through strategic actions and innovation.Read More>---
ASH Stock 12 Month Forecast
Average Price Target
$90.75
▲(27.05% Upside)
Technical Analysis
Best Analysts Covering ASH
1 Year
1 Year Success Rate
19/29 ratings generated profit
1 Year Average Return
+2.34%
reiterated a buy rating 2 months ago
Copying David Begleiter's trades and holding each position for 1 Year would result in 65.52% of your transactions generating a profit, with an average return of +2.34% per trade.
---