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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
Are These Consumer Staples Too Cheap for Investors To Ignore?
Is Gold Really Boring? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
Markets Are Loving These Stocks 'Firing On All Cylinders'
Is Gold Really Boring? (Ad)
Etsy Gets an Upgrade and $100 Target...Is the Bottom Finally In?
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
NYSE:ASH

Ashland (ASH) Stock Forecast, Price & News

$83.36
+0.84 (+1.02%)
(As of 09/20/2023 ET)
Compare
Today's Range
$82.93
$84.77
50-Day Range
$80.65
$92.62
52-Week Range
$79.42
$114.36
Volume
361,566 shs
Average Volume
473,106 shs
Market Capitalization
$4.27 billion
P/E Ratio
19.03
Dividend Yield
1.85%
Price Target
$109.75

Ashland MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
31.7% Upside
$109.75 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.38mentions of Ashland in the last 14 days
Based on 30 Articles This Week
Insider Trading
Selling Shares
$680,724 Sold Last Quarter
Proj. Earnings Growth
17.97%
From $4.62 to $5.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Basic Materials Sector

25th out of 170 stocks

Chemicals & Allied Products Industry

5th out of 15 stocks


ASH stock logo

About Ashland (NYSE:ASH) Stock

Ashland Inc. provides additives and specialty ingredients worldwide. 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. The 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. The 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 Price History

ASH Stock News Headlines

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3 Bedroom Home in Ashland - $1,050,000
Water advisory issued for Ashland residents
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
Missing: Patrick O’Neal Manuel from Ashland
Mizuho Securities Sticks to Their Buy Rating for Ashland (ASH)
Ashland (NYSE:ASH) Stock Rating Reaffirmed by Mizuho
Raiders take win over Ashland with last second kick
See More Headlines
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ASH Company Calendar

Last Earnings
7/26/2023
Ex-Dividend for 9/15 Dividend
8/31/2023
Dividend Payable
9/15/2023
Today
9/20/2023
Fiscal Year End
9/30/2023
Next Earnings (Estimated)
11/06/2023

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
Specialty Chemicals
CUSIP
04420910
Employees
3,900
Year Founded
1924

Price Target and Rating

Average Stock Price Forecast
$109.75
High Stock Price Forecast
$142.00
Low Stock Price Forecast
$87.00
Forecasted Upside/Downside
+31.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$927 million
Pretax Margin
11.15%

Debt

Sales & Book Value

Annual Sales
$2.31 billion
Cash Flow
$10.65 per share
Book Value
$59.48 per share

Miscellaneous

Free Float
47,249,000
Market Cap
$4.27 billion
Optionable
Optionable
Beta
0.98

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Key Executives

  • Mr. Guillermo Novo (Age 61)
    Chairman & CEO
    Comp: $3.5M
  • Mr. John Kevin WillisMr. John Kevin Willis (Age 58)
    Sr. VP & CFO
    Comp: $1.63M
  • Dr. Osama M. Musa Ph.D. (Age 54)
    Sr. VP & CTO
    Comp: $1.2M
  • Mr. Min S. Chong (Age 51)
    Sr. VP and GM of Personal Care & Specialty Additives
    Comp: $933.35k
  • Mr. Ashok S. Kalyana (Age 50)
    Sr. VP and GM of Life Sciences & Intermediates
    Comp: $842.24k
  • Mr. Karl R. Bostaph
    Sr. VP of Operations
  • Mr. Eric N. BoniMr. Eric N. Boni (Age 54)
    VP of Fin. & Principal Accounting Officer
  • Seth A. Mrozek
    Director of Investor Relations
  • Ms. Robin E. Lampkin
    Sr. VP, Gen. Counsel & Sec.
  • Mr. Andrew Beer
    VP of Marketing & Bus. Devel.













ASH Stock - Frequently Asked Questions

Should I buy or sell Ashland stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ASH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASH, but not buy additional shares or sell existing shares.
View ASH analyst ratings
or view top-rated stocks.

What is Ashland's stock price forecast for 2023?

6 analysts have issued 12-month price targets for Ashland's shares. Their ASH share price forecasts range from $87.00 to $142.00. On average, they predict the company's share price to reach $109.75 in the next twelve months. This suggests a possible upside of 31.7% 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 2023?

Ashland's stock was trading at $107.53 at the beginning of the year. Since then, ASH stock has decreased by 22.5% and is now trading at $83.36.
View the best growth stocks for 2023 here
.

When is Ashland's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our ASH earnings forecast
.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) posted its quarterly earnings results on Wednesday, July, 26th. The basic materials company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.35 by $0.12. The basic materials company had revenue of $546 million for the quarter, compared to analyst estimates of $566.64 million. Ashland had a net margin of 10.32% and a trailing twelve-month return on equity of 8.54%. The firm's revenue was down 15.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.89 earnings per share.

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

Ashland announced a quarterly dividend on Monday, August 14th. Investors of record on Friday, September 1st will be paid a dividend of $0.385 per share on Friday, September 15th. This represents a $1.54 annualized dividend and a yield of 1.85%. The ex-dividend date of this dividend is Thursday, August 31st.
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 1.85%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.16%. 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 announced that its board has authorized a share repurchase plan on Wednesday, June 28th 2023, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 21.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

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

Ashland updated its third quarter 2023 earnings guidance on Thursday, June, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $545.00 million-$550.00 million, compared to the consensus revenue estimate of $625.61 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).

What is Ashland's stock symbol?

Ashland trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASH."

Who are Ashland's major shareholders?

Ashland's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.15%), Dimensional Fund Advisors LP (4.76%), State Street Corp (3.43%), Diamond Hill Capital Management Inc. (3.33%), Goldman Sachs Group Inc. (2.84%) and Clearbridge Investments LLC (2.68%). Insiders that own company stock include Eric N Boni, J Kevin Willis, Peter Ganz and Swaminathan Ashok Kalyana.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ashland's stock price today?

One share of ASH stock can currently be purchased for approximately $83.36.

How much money does Ashland make?

Ashland (NYSE:ASH) has a market capitalization of $4.27 billion and generates $2.31 billion in revenue each year. The basic materials company earns $927 million in net income (profit) each year or $4.38 on an earnings per share basis.

How many employees does Ashland have?

The company employs 3,900 workers across the globe.

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.
Read More
How can I contact Ashland?

Ashland's mailing address is 8145 Blazer Drive, Wilmington DE, 19808. The official website for the company is www.ashland.com. The basic materials company can be reached via phone at (302) 995-3000, via email at investor_relations@ashland.com, or via fax at 859-815-5188.

This page (NYSE:ASH) was last updated on 9/21/2023 by MarketBeat.com Staff

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