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Ashland (ASH)
NYSE:ASH
Holding ASH?
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ASH Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$71.56 - $102.50
Previous Close$71.85
Volume1.17M
Average Volume (3M)441.93K
Market Cap
$3.39B
Enterprise Value$4.56B
Total Cash (Recent Filing)$300.00M
Total Debt (Recent Filing)$1.47B
Price to Earnings (P/E)21.3
Beta0.76
Next Earnings
Feb 04, 2025EPS Estimate
$0.44Last Dividend Ex-Date
Nov 29, 2024Dividend Yield2.23%
Share Statistics
EPS (TTM)3.52
Shares Outstanding47,109,326
10 Day Avg. Volume5,389,983
30 Day Avg. Volume441,925
Standard Deviation0.08
R-Squared0.35
Alpha-0.00491
Financial Highlights & Ratios
PEG Ratio2.70
Price to Book (P/B)1.18
Price to Sales (P/S)1.60
Price to Cash Flow (P/CF)10.60
P/FCF Ratio11.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.16
Enterprise Value/Gross Profit7.38
Enterprise Value/Ebitda11.90
Forecast
1Y Price Target
$92.50Price Target Upside28.74% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Ashland News
PremiumCompany Announcements
Ashland Announces Departure of Finance VP Eric Boni
PremiumCompany Announcements
Ashland Global Holdings Reports Modest Growth Amid Portfolio ChangesBulls Say, Bears Say
Bulls Say
Business OperationsManagement is making progress in better matching its production to customer demand levels and actively looking to exit lower margin businesses.
Financial PerformanceASH is targeting $600MM in EBITDA by FY27, driven by cost savings and top-line growth.
Product StrategyThe globalization of high-value areas and the introduction of seven new product platforms are intended to support above-market growth.
Bears Say
Competitive DynamicsIntense competition is expected to offset volume growth with weaker pricing, posing a risk to the portfolio.
Financial PerformanceThe Avoca fragrance ingredients unit is running negative EBITDA and might be shut down.
Market DemandWeaker demand in vinyl pyrrolidone and derivatives for pharma and crop care markets within Life Sciences is expected to result in segment results being down year-over-year through the end of FY2024.
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Ownership Overview
1.02% Insiders
37.76% Mutual Funds
28.91% Other Institutional Investors
5.21% 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.
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ASH FAQ
What was Ashland’s price range in the past 12 months?
Ashland lowest stock price was $71.56 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 44 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 $0.405 which represents an annual dividend yield of 2.23%. See more information on Ashland dividends here
What is Ashland’s EPS estimate?
Ashland’s EPS estimate is $0.44.
How many shares outstanding does Ashland have?
Ashland has 47,180,428 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 -7.65%.
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 230M.
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Ashland Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$92.50 (28.74% Upside)
$92.50 (28.74% Upside)
Blogger Sentiment
Bullish
ASH Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 490.4K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.9%
Last 30 Days ▲ 19.7%
Last 30 Days ▲ 19.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.63%
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
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
$92.50
▲(28.74% Upside)
Technical Analysis
Best Analysts Covering ASH
1 Year
1 Year Success Rate
19/29 ratings generated profit
1 Year Average Return
+2.80%
reiterated a buy rating 28 days 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 +2.80% per trade.
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