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BABA   69.21 (-0.57%)
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NYSE:ASH

Ashland (ASH) Stock Price, News & Analysis

$94.27
+0.33 (+0.35%)
(As of 02:51 PM ET)
Today's Range
$93.58
$94.67
50-Day Range
$90.70
$97.61
52-Week Range
$70.82
$105.15
Volume
73,576 shs
Average Volume
450,121 shs
Market Capitalization
$4.72 billion
P/E Ratio
30.91
Dividend Yield
1.63%
Price Target
$101.00

Ashland MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
7.5% Upside
$101.00 Price Target
Short Interest
Healthy
1.36% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.26mentions of Ashland in the last 14 days
Based on 30 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.87%
From $4.33 to $5.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.80 out of 5 stars

Basic Materials Sector

54th out of 167 stocks

Chemicals & Allied Products Industry

7th out of 14 stocks

ASH stock logo

About Ashland Stock (NYSE:ASH)

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. Its Personal Care segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. Its Intermediates segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.

ASH Stock Price History

ASH Stock News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
Ashland Board appoints Scott A. Tozier as new director
Decoding 4 Analyst Evaluations For Ashland
See More Headlines
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Company Calendar

Last Earnings
1/31/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/17/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
Specialty Chemicals
CUSIP
04420910
Employees
3,800
Year Founded
1924

Price Target and Rating

Average Stock Price Target
$101.00
High Stock Price Target
$126.00
Low Stock Price Target
$75.00
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$178 million
Pretax Margin
5.33%

Debt

Sales & Book Value

Annual Sales
$2.19 billion
Cash Flow
$8.99 per share
Book Value
$60.44 per share

Miscellaneous

Free Float
49,749,000
Market Cap
$4.71 billion
Optionable
Optionable
Beta
0.92

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Key Executives


ASH Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashland stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ASH shares.
View ASH analyst ratings
or view top-rated stocks.

What is Ashland's stock price target for 2024?

8 brokers have issued 1-year price targets for Ashland's shares. Their ASH share price targets range from $75.00 to $126.00. On average, they predict the company's stock price to reach $101.00 in the next year. This suggests a possible upside of 7.5% from the stock's current price.
View analysts price targets for ASH
or view top-rated stocks among Wall Street analysts.

How have ASH shares performed in 2024?

Ashland's stock was trading at $84.31 at the start of the year. Since then, ASH stock has increased by 11.4% and is now trading at $93.94.
View the best growth stocks for 2024 here
.

Are investors shorting Ashland?

Ashland saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 677,700 shares, a decrease of 21.0% from the March 15th total of 857,600 shares. Based on an average daily volume of 460,300 shares, the short-interest ratio is currently 1.5 days. Approximately 1.4% of the shares of the company are short sold.
View Ashland's Short Interest
.

When is Ashland's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our ASH earnings forecast
.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) released its quarterly earnings results on Wednesday, January, 31st. The basic materials company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.24. The basic materials company had revenue of $473 million for the quarter, compared to analysts' expectations of $478.69 million. Ashland had a trailing twelve-month return on equity of 5.95% and a net margin of 7.62%. The company's quarterly revenue was down 9.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 earnings per share.

How often does Ashland pay dividends? What is the dividend yield for Ashland?

Ashland declared a quarterly dividend on Monday, January 22nd. Shareholders of record on Friday, March 1st will be paid a dividend of $0.385 per share on Friday, March 15th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for ASH
.

Is Ashland a good dividend stock?

Ashland (NYSE:ASH) pays an annual dividend of $1.54 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 50.49%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASH will have a dividend payout ratio of 28.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ASH.

How will Ashland's stock buyback program work?

Ashland declared that its Board of Directors has initiated a share buyback program on Wednesday, June 28th 2023, which permits the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 21.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

What guidance has Ashland issued on next quarter's earnings?

Ashland issued an update on its second quarter 2024 earnings guidance on Tuesday, January, 30th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $565.0 million-$585.0 million, compared to the consensus revenue estimate of $561.1 million.

What is William A. Wulfsohn's approval rating as Ashland's CEO?

78 employees have rated Ashland Chief Executive Officer William A. Wulfsohn on Glassdoor.com. William A. Wulfsohn has an approval rating of 48% among the company's employees. This puts William A. Wulfsohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ashland own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashland investors own include Intel (INTC), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Eastman Chemical (EMN), Abbott Laboratories (ABT), Boeing (BA), Bristol-Myers Squibb (BMY), Cardinal Health (CAH) and Procter & Gamble (PG).

Who are Ashland's major shareholders?

Ashland's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.07%), First Financial Bank Trust Division (0.04%), Steph & Co. (0.01%), Washington Capital Management Inc. (0.01%), Fulton Bank N.A. (0.01%) and Riverview Trust Co (0.00%). Insiders that own company stock include Eric N Boni and J Kevin Willis.
View institutional ownership trends
.

How do I buy shares of Ashland?

Shares of ASH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Ashland have any subsidiaries?
The following companies are subsidiares of Ashland: 565 Corporation, ASH GP INC., ASHLAND SPECIALTY CHEMICAL (SINGAPORE) PTE. LTD., ASHLAND SPECIALTY CHEMICALS (MALAYSIA) SDN.BHD, Adams Drive Totowa L.L.C., Alera Property Holdings LLC, Alera Technologies Inc., Alix Technologies LLC, Aloe Vemera S.P.R de R.L. de C.V., Ash B5 Limited, Ash GH One Inc., Ash GH Switzerland GmbH, Ash Global Holding Three GmbH, Ash Global Holdings Two B.V., Ash Junior Global Holding One LLC, Ash Junior Global Holding Two LLC, Ash Swiss Holding Two GmbH, Ashland (Australasia) Pty. Limited, Ashland (China) Holdings Co. Ltd., Ashland (Gibraltar) One Holding Inc., Ashland (Thailand) Co. Ltd, Ashland Argentina S.R.L., Ashland CZ s.r.o., Ashland Canada Corp./Corporation Ashland Canada, Ashland Canada Holdings B. V., Ashland Chemco Inc., Ashland Chemical De Mexico S.A. De C.V., Ashland Chemical Trading (Shanghai) Company Limited, Ashland Chemicals (Nanjing) Company Limited, Ashland Colombia S.A.S., Ashland Comercio de Especialidades Quimicas do Brasil Ltda., Ashland Eastern Markets LLC, Ashland Ethanol Inc., Ashland Finance Limited, Ashland Global Holdings Inc., Ashland India Private Limited, Ashland Industria de Ingredientes do Brasil Ltda., Ashland Industries Deutschland GmbH, Ashland Industries Europe GmbH, Ashland Industries Italia S.r.l., Ashland Industries Nederland B.V., Ashland Ingredients Poland Sp. z o.o., Ashland Italia S.r.l., Ashland Japan Ltd., Ashland LLC, Ashland Licensing and Intellectual Property LLC, Ashland Mexico Holdings One LLC, Ashland Mexico Holdings Two LLC, Ashland Nigeria Exploration Unlimited, Ashland Oil (Nigeria) Company Unlimited, Ashland Oil Inc., Ashland Pacific Pty. Ltd., Ashland Pharmachem International Holdings LLC, Ashland Services B. V., Ashland Services Mexico S.A. de C.V., Ashland Singapore Pte. Ltd., Ashland Spain Real Estate Holdings S.L., Ashland Specialties Austria GmbH, Ashland Specialties Belgium BVBA, Ashland Specialties France S.a.r.l., Ashland Specialties Hispania S.L., Ashland Specialties Ireland Limited, Ashland Specialties Sverige AB, Ashland Specialties UK Limited, Ashland Specialty Chemical Korea Co. Ltd., Ashland Specialty Ingredients G.P., Ashland-Alaskan Limited, Ashland-Plasticos De Portugal Lda., Ashmont Insurance Company Inc., Ashprop Two LLC, Avoca LLC, Avoele S.A. de C.V., Belleville Realty Corp., Blazer Properties LLC, Bluegrass Insurance Company Limited, CLTA LLC, CVG Capital III LLC, Carol Clifton Inc., Curtis Bay Insurance Co. Ltd, East Bay Realty Services Inc., Fospur, Hercofina, Hercules, Hercules Holding BV BVBA, Hercules Hydrocarbon Holdings Inc., Hercules International Limited LLC, Hercules Investment ApS, Hercules Investments Netherlands B.V., Hercules Islands Corporation, Hercules LLC, Hercules Paper Holdings Inc., Hercules Trading (Shanghai) Company Limited, ISP (Belgium) International N. V., ISP Alginates Inc., ISP Canada Corp., ISP Capital LLC, ISP Chemco LLC, ISP Chemical Products LLC, ISP Chemicals LLC, ISP Environmental Services Inc., ISP France Holding SARL, ISP France Marketing SARL, ISP Freetown Fine Chemicals Inc., ISP Freight Services N. V., ISP Global Operations (Barbados) Inc., ISP Global Technologies Deutschland Unterstutzungskasse GmbH, ISP Global Technologies Inc., ISP Global Technologies LLC, ISP HC Limited, ISP Holdings (U.K.) Ltd., ISP Hungary Holdings Limited Liability Company, ISP International Corp., ISP Investments LLC, ISP Lima LLC, ISP Luxembourg Canada S.a.r.l., ISP Management Company Inc., ISP Marl Holdings GmbH, ISP Microcaps (U.K.) Limited, ISP Pharma Systems LLC, ISP Real Estate Company Inc., ISP Singapore Holding LLC, ISP Technologies LLC, International Specialty Holdings LLC, International Specialty Products, International Specialty Products (India) Private Limited, International Specialty Products Funding Corporation, International Specialty Products Inc., Jiangmen Ashland Chemicals Company Limited, Nanjing Clear Environment Protection, Northwest Coatings, Oil Can Henry’s, PT Ashland Asia, PT. Ashland Specialty Chemicals Indonesia, Pakistan Gum Industries (Private) Limited, Pharmachem Laboratories, Pharmachem Laboratories LLC, Pharmachem Laboratories Utah LLC, Prince Street Paterson LLC, Progiven S.A.S., Proprietary Nutritionals LLC, Ralop S. de R.L. de C.V., Schülke & Mayr - Personal Care Business, Shanghai Ashland Chemical Technology Development Co. Ltd., St Croix Petrochemical Corp, Taiwan Ashland Co. Ltd., Techwax Limited, Vemera S. de R.L. de C.V., Vornia, and WSP LLC.
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This page (NYSE:ASH) was last updated on 4/17/2024 by MarketBeat.com Staff

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