FY2025 EPS Estimates for Ashland Cut by Seaport Res Ptn

Key Points

• Seaport Res Ptn revised its earnings per share estimate for Ashland Inc. for FY2025 down to $3.66, a decrease from the previous estimate of $3.72.
• Ashland's recent quarterly earnings report showed an EPS of $1.04, missing analyst expectations by $0.11 and reflecting a 14.9% revenue decline year-over-year.
• Research analysts' ratings for Ashland include four "hold" ratings and two "buy" ratings, with an average price target of $67.40.

Ashland Inc. (NYSE:ASH - Free Report) - Investment analysts at Seaport Res Ptn lowered their FY2025 EPS estimates for Ashland in a research note issued on Monday, August 4th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will earn $3.66 per share for the year, down from their previous forecast of $3.72. The consensus estimate for Ashland's current full-year earnings is $4.27 per share. Seaport Res Ptn also issued estimates for Ashland's Q1 2026 earnings at $0.44 EPS, Q2 2026 earnings at $1.37 EPS, Q3 2026 earnings at $1.40 EPS, Q4 2026 earnings at $1.54 EPS, FY2026 earnings at $4.74 EPS and Q1 2027 earnings at $0.63 EPS.

Other equities research analysts also recently issued reports about the stock. Wells Fargo & Company boosted their price target on shares of Ashland from $50.00 to $53.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Wall Street Zen upgraded Ashland from a "sell" rating to a "hold" rating in a report on Friday, June 27th. JPMorgan Chase & Co. reduced their target price on Ashland from $71.00 to $67.00 and set an "overweight" rating on the stock in a report on Tuesday, May 6th. UBS Group cut their price target on shares of Ashland from $73.00 to $64.00 and set a "buy" rating on the stock in a research report on Thursday. Finally, Mizuho set a $60.00 price target on shares of Ashland in a research report on Tuesday, April 15th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Ashland presently has an average rating of "Hold" and an average target price of $65.60.

Ashland Trading Down 1.2%

Shares of NYSE ASH traded down $0.63 during midday trading on Wednesday, hitting $52.13. The stock had a trading volume of 21,116 shares, compared to its average volume of 662,793. The company's 50-day simple moving average is $51.31 and its 200 day simple moving average is $54.99. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.68 and a quick ratio of 1.33. The firm has a market cap of $2.38 billion, a P/E ratio of -2.78, a price-to-earnings-growth ratio of 3.70 and a beta of 0.49. Ashland has a fifty-two week low of $45.21 and a fifty-two week high of $90.61.

Ashland (NYSE:ASH - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.04 earnings per share for the quarter, missing analysts' consensus estimates of $1.15 by ($0.11). Ashland had a negative net margin of 46.01% and a positive return on equity of 6.82%. The business had revenue of $463.00 million for the quarter, compared to analyst estimates of $479.34 million. During the same period in the prior year, the business earned $1.49 earnings per share. The company's revenue for the quarter was down 14.9% on a year-over-year basis.

Hedge Funds Weigh In On Ashland

Several hedge funds have recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of Ashland by 212.4% during the 1st quarter. UMB Bank n.a. now owns 706 shares of the basic materials company's stock valued at $42,000 after purchasing an additional 480 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Ashland by 2,736.0% during the first quarter. Farther Finance Advisors LLC now owns 709 shares of the basic materials company's stock worth $41,000 after buying an additional 684 shares during the last quarter. Abound Wealth Management bought a new position in shares of Ashland in the 2nd quarter valued at $40,000. Allworth Financial LP lifted its stake in shares of Ashland by 63.9% in the 1st quarter. Allworth Financial LP now owns 834 shares of the basic materials company's stock valued at $49,000 after acquiring an additional 325 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in Ashland by 285.7% in the 1st quarter. Parallel Advisors LLC now owns 914 shares of the basic materials company's stock worth $54,000 after purchasing an additional 677 shares in the last quarter. 93.95% of the stock is owned by institutional investors.

About Ashland

Ashland Inc provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions.