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Ashland (ASH)
NYSE:ASH
Ashland (ASH) Stock Price & Analysis
244 Followers
ASH Stock Chart & Stats
Day’s Range$97.17 - $98.24
52-Week Range― - ―
Previous Close$98.02
Volume214.92K
Average Volume (3M)N/A
Market Cap
$4.89B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Jul 23, 2024EPS Estimate
$1.44Last Dividend Ex-Date
Feb 29, 2024Dividend Yield1.58%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$110.22Price Target Upside12.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Ashland News
PremiumCompany Announcements
Ashland Inc. Welcomes Ashish K. Kulkarni to Board Committees
PremiumPress Releases
Ashland board authorizes quarterly dividend
PremiumCompany Announcements
Ashland Investor Update Scheduled for April 30, 2024Bulls Say, Bears Say
Bulls Say
Earnings GrowthAnalyst raises FY25 EBITDA estimate by $50MM to $575MM, reflecting a significant year-over-year margin improvement.
Operational EfficiencyForecasted margin improvement driven by better fixed cost absorption and strategic business reorganization is seen as a positive catalyst for the stock.
Valuation Multiple ExpansionRecent M&A activity in the sector suggests potential for further multiple improvement in ASH's valuation.
Bears Say
Competitive ThreatsConcerns about increased competitive activity and declines in neutraceuticals & Avoca fragrance ingredients, which might impact future performance.
Financial PerformanceLife Sciences adjusted EBITDA declined due to unfavorable mix and increased selling/R&D costs.
Industry ChallengesSpecialty Additives and Intermediates segments experienced a decline in adjusted EBITDA, reflecting challenges in these business areas.
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Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
ASH FAQ
What was Ashland’s price range in the past 12 months?
Currently, no data Available
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 Jul 23, 2024 which is in 75 days.
How were Ashland’s earnings last quarter?
Ashland released its earnings results on Apr 30, 2024. The company reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.144 by $0.126.
Is Ashland overvalued?
According to Wall Street analysts Ashland’s price is currently Undervalued.
Does Ashland pay dividends?
Ashland pays a Quarterly dividend of $0.38 which represents an annual dividend yield of 1.58%. See more information on Ashland dividends here
What is Ashland’s EPS estimate?
Ashland’s EPS estimate is $1.44.
How many shares outstanding does Ashland have?
Currently, no data Available
What happened to Ashland’s price movement after its last earnings report?
Ashland reported an EPS of $1.27 in its last earnings report, beating expectations of $1.144. Following the earnings report the stock price went down -0.871%.
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 296M.
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Ashland Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$110.22 (12.98% Upside)
$110.22 (12.98% Upside)
Blogger Sentiment
Neutral
ASH Sentiment 50%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 133.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
11.03%
12-Months-Change
Fundamentals
Return on Equity
5.72%
Trailing 12-Months
Asset Growth
-3.80%
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
Q2 2024
0:00 / 0:00
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ASH Stock 12 Month Forecast
Average Price Target
$110.22
▲(12.98% Upside)
Technical Analysis
Best Analysts Covering ASH
1 Year
1 Year Success Rate
14/18 ratings generated profit
1 Year Average Return
+12.38%
reiterated a buy rating 10 days ago
Copying Michael Sison's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +12.38% per trade.
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