Ashland Global Holdings Company Profile (NYSE:ASH)

About Ashland Global Holdings (NYSE:ASH)

Ashland Global Holdings logoAshland Inc. is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties. Its Performance Materials segment is engaged in providing unsaturated polyester resins and vinyl ester resins, and consists of two divisions: Composites and Intermediates/Solvents. Its Valvoline segment is engaged in producing and distributing automotive, commercial and industrial lubricants, and automotive chemicals. Its chemistry is used in various markets and applications, including architectural coatings, adhesives, automotive, construction, energy and pharmaceutical.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Chemicals - Major Diversified
  • Sub-Industry: Specialty Chemicals
  • Symbol: NYSE:ASH
  • CUSIP: 04420910
  • Web: www.ashland.com
Capitalization:
  • Market Cap: $4.17 billion
  • Outstanding Shares: 62,402,000
Average Prices:
  • 50 Day Moving Avg: $65.01
  • 200 Day Moving Avg: $64.08
  • 52 Week Range: $59.80 - $128.19
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.38
  • P/E Growth: -1.36
Sales & Book Value:
  • Annual Revenue: $5.06 billion
  • Price / Sales: 0.82
  • Book Value: $54.47 per share
  • Price / Book: 1.23
Dividend:
  • Annual Dividend: $0.90
  • Dividend Yield: 1.4%
Profitability:
  • EBITDA: $719 million
  • Net Margins: -4.71%
  • Return on Equity: 10.62%
  • Return on Assets: 3.70%
Debt:
  • Debt-to-Equity Ratio: 0.76%
  • Current Ratio: 2.05%
  • Quick Ratio: 1.35%
Misc:
  • Average Volume: 577,445 shs.
  • Beta: 1.06
  • Short Ratio: 3.28
 

Frequently Asked Questions for Ashland Global Holdings (NYSE:ASH)

What is Ashland Global Holdings' stock symbol?

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

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

Ashland Global Holdings declared a quarterly dividend on Thursday, July 20th. Investors of record on Friday, September 1st will be paid a dividend of $0.225 per share on Friday, September 15th. This represents a $0.90 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 30th. View Ashland Global Holdings' Dividend History.

How were Ashland Global Holdings' earnings last quarter?

Ashland Global Holdings Inc. (NYSE:ASH) posted its earnings results on Tuesday, August, 1st. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.13. The business had revenue of $870 million for the quarter, compared to analysts' expectations of $842.78 million. Ashland Global Holdings had a positive return on equity of 10.62% and a negative net margin of 4.71%. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.95 earnings per share. View Ashland Global Holdings' Earnings History.

When will Ashland Global Holdings make its next earnings announcement?

Ashland Global Holdings is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Ashland Global Holdings.

Where is Ashland Global Holdings' stock going? Where will Ashland Global Holdings' stock price be in 2017?

4 analysts have issued twelve-month price objectives for Ashland Global Holdings' shares. Their forecasts range from $65.00 to $118.00. On average, they anticipate Ashland Global Holdings' share price to reach $83.50 in the next twelve months. View Analyst Ratings for Ashland Global Holdings.

What are analysts saying about Ashland Global Holdings stock?

Here are some recent quotes from research analysts about Ashland Global Holdings stock:

  • 1. According to Zacks Investment Research, "Ashland Global Holdings Inc. is engaged in providing specialty chemical solutions. It serves consumer and industrial markets which includes adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical sector. Ashland Global Holdings Inc., formerly known as Ashland Inc., is based in Covington, United States. " (8/3/2017)
  • 2. Jefferies Group LLC analysts commented, "With the Valvoline (VVV, NC) spin imminent, followed shortly thereafter by an investor day, we expect the investment debate to focus increasingly on opportunities for further portfolio simplification (doable, but not a prime catalyst in our view), prospects for FCF generation, and visibility on operating leverage. Tweaking estimates: We are raising 2017E $0.15 to $5.70 and 2018E $0.10 to $6.10 to reflect less F/X headwinds and a slightly more positive macro environment. These estimates translate into $2.20 and $2.60, respectively, for Ashland ex-Valvoline. We now forecast $119m in FCF before dividends in 2017E, and $170m in 2018E." (2/21/2017)

Who are some of Ashland Global Holdings' key competitors?

Who owns Ashland Global Holdings stock?

Ashland Global Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.45%), Boussard & Gavaudan Investment Management LLP (0.17%), Mutual of America Capital Management LLC (0.09%), State Treasurer State of Michigan (0.04%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Ashland Global Holdings stock include Anne T Schumann, George A Schaefer, Jr, J Kevin Willis, Luis M Fernandez-Moreno, Peter Ganz and William J Heitman. View Institutional Ownership Trends for Ashland Global Holdings.

Who sold Ashland Global Holdings stock? Who is selling Ashland Global Holdings stock?

Ashland Global Holdings' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Ashland Global Holdings stock in the last year include Anne T Schumann, J Kevin Willis, Luis M Fernandez-Moreno and William J Heitman. View Insider Buying and Selling for Ashland Global Holdings.

Who bought Ashland Global Holdings stock? Who is buying Ashland Global Holdings stock?

Ashland Global Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Boussard & Gavaudan Investment Management LLP, Nationwide Fund Advisors and Fox Run Management L.L.C.. View Insider Buying and Selling for Ashland Global Holdings.

How do I buy Ashland Global Holdings stock?

Shares of Ashland Global Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ashland Global Holdings' stock price today?

One share of Ashland Global Holdings stock can currently be purchased for approximately $66.85.


MarketBeat Community Rating for Ashland Global Holdings (NYSE ASH)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  309 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  516
MarketBeat's community ratings are surveys of what our community members think about Ashland Global Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ashland Global Holdings (NYSE:ASH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $83.50 (24.91% upside)
Consensus Price Target History for Ashland Global Holdings (NYSE:ASH)
Price Target History for Ashland Global Holdings (NYSE:ASH)
Analysts' Ratings History for Ashland Global Holdings (NYSE:ASH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/26/2017Jefferies Group LLCReiterated RatingBuy$74.00 -> $77.00LowView Rating Details
8/3/2017Deutsche Bank AGLower Price TargetBuy$75.00 -> $74.00MediumView Rating Details
5/31/2017J P Morgan Chase & CoBoost Price TargetNeutral$61.00 -> $118.00LowView Rating Details
5/17/2017Credit Suisse GroupReiterated RatingNeutral$59.69 -> $65.00LowView Rating Details
1/27/2016Monness Crespi & HardtLower Price TargetBuy$136.00 -> $130.00N/AView Rating Details
1/13/2016Seaport Global SecuritiesLower Price Target$152.00 -> $135.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Ashland Global Holdings (NYSE:ASH)
Earnings by Quarter for Ashland Global Holdings (NYSE:ASH)
Earnings History by Quarter for Ashland Global Holdings (NYSE ASH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.69N/AView Earnings Details
8/1/2017Q3 2017$0.70$0.83$842.78 million$870.00 millionViewListenView Earnings Details
4/25/2017Q2 2017$1.61$1.71$1.28 billion$1.32 billionViewN/AView Earnings Details
1/26/2017Q1 2017$0.91$1.16$1.11 billion$1.20 billionViewN/AView Earnings Details
11/8/2016Q4$1.61$1.52$1.25 billion$1.20 billionViewListenView Earnings Details
7/26/2016Q3$2.04$1.95$1.32 billion$1.29 billionViewListenView Earnings Details
4/26/2016Q2$1.74$1.83$1.25 billion$1.25 billionViewListenView Earnings Details
1/25/2016Q1$1.39$1.41$1.22 billion$1.20 billionViewListenView Earnings Details
11/3/2015Q4$1.50$1.62$1.30 billion$1.30 billionViewListenView Earnings Details
7/29/2015Q215$1.75$1.91$1.41 billion$1.37 billionViewListenView Earnings Details
4/29/2015Q2$1.73$2.03$1.42 billion$1.35 billionViewListenView Earnings Details
1/26/2015Q115$1.43$1.46$1.44 billion$1.39 billionViewListenView Earnings Details
11/5/2014Q414$1.37$1.42$1.53 billion$1.50 billionViewN/AView Earnings Details
7/31/2014Q314$1.57$1.63$1.61 billion$1.60 billionViewListenView Earnings Details
4/30/2014Q214$1.56$1.53$1.98 billion$1.55 billionViewListenView Earnings Details
1/28/2014Q1$1.31$1.42$1.87 billion$1.87 billionViewListenView Earnings Details
11/5/2013Q312$1.50$1.54$1.93 billion$1.91 billionViewN/AView Earnings Details
7/25/2013Prelim 2013$1.84$1.66$2.06 billion$2.10 billionViewListenView Earnings Details
4/24/2013Q2 2013$1.55$1.78$2.00 billion$2.00 billionViewN/AView Earnings Details
1/29/2013Q1 2013$1.37$1.12$1.90 billion$1.90 billionViewN/AView Earnings Details
10/30/2012Q412$1.76$1.87$2.08 billion$2.10 billionViewN/AView Earnings Details
7/26/2012$1.80$2.04ViewN/AView Earnings Details
4/24/2012$1.38$1.52ViewN/AView Earnings Details
1/24/2012$1.00$1.20ViewN/AView Earnings Details
11/9/2011$0.93$1.01ViewN/AView Earnings Details
7/28/2011$0.86$0.92ViewN/AView Earnings Details
4/26/2011$0.77$0.86ViewN/AView Earnings Details
1/25/2011$0.65$0.79ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ashland Global Holdings (NYSE:ASH)
2017 EPS Consensus Estimate: $3.96
2018 EPS Consensus Estimate: $4.01
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.95$1.28$1.08
Q2 20174$1.49$1.66$1.56
Q3 20174$0.53$0.78$0.69
Q4 20174$0.45$0.73$0.64
Q1 20181$0.60$0.60$0.60
Q2 20181$1.08$1.08$1.08
Q3 20181$1.17$1.17$1.17
Q4 20181$1.16$1.16$1.16
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ashland Global Holdings (NYSE:ASH)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.90
Dividend Yield:1.35%
Dividend Growth:7.80% (3 Year Average)
Payout Ratio:-25.42% (Trailing 12 Months of Earnings)
20.50% (Based on This Year's Estimates)
27.44% (Based on Next Year's Estimates)
Track Record:7 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Ashland Global Holdings (NYSE:ASH)

Dividend History by Quarter for Ashland Global Holdings (NYSE ASH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2017quarterly$0.231.35%8/30/20179/1/20179/15/2017
5/18/2017quarterly$0.231.4%5/30/20176/1/20176/15/2017
1/26/2017quarterly$0.391.31%2/27/20173/1/20173/15/2017
11/17/2016Quarterly$0.391.4%11/29/201612/1/201612/15/2016
7/21/2016quarterly$0.391.28%8/17/20168/19/20169/15/2016
5/18/2016quarterly$0.391.39%6/1/20166/3/20166/15/2016
1/29/2016quarterly$0.391.65%2/17/20162/19/20163/15/2016
11/19/2015quarterly$0.391.39%11/27/201512/1/201512/15/2015
7/17/2015quarterly$0.391.32%8/19/20158/21/20159/15/2015
5/14/2015quarterly$0.391.23%5/27/20155/29/20156/15/2015
1/30/2015quarterly$0.341.15%2/11/20152/13/20153/15/2015
11/13/2014quarterly$0.341.24%11/26/201412/1/201412/15/2014
7/17/2014quarterly$0.341.28%8/13/20148/15/20149/15/2014
5/15/2014quarterly$0.341.33%5/28/20145/30/20146/15/2014
1/31/2014quarterly$0.341.47%2/12/20142/14/20143/15/2014
11/15/2013quarterly$0.341.48%11/27/201312/2/201312/15/2013
7/18/2013quarterly$0.341.55%8/14/20138/16/20139/15/2013
5/16/2013quarterly$0.341.53%5/29/20135/31/20136/15/2013
1/31/2013quarterly$0.231.15%2/13/20132/15/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ashland Global Holdings (NYSE:ASH)
Insider Ownership Percentage: 1.27%
Institutional Ownership Percentage: 92.47%
Insider Trades by Quarter for Ashland Global Holdings (NYSE:ASH)
Institutional Ownership by Quarter for Ashland Global Holdings (NYSE:ASH)
Insider Trades by Quarter for Ashland Global Holdings (NYSE:ASH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/11/2017Anne T. SchumannVPSell4,003$125.64$502,936.92View SEC Filing  
2/22/2017Luis M. Fernandez-MorenoInsiderSell2,609$123.85$323,124.65View SEC Filing  
1/17/2017William J. HeitmanInsiderSell4,000$110.46$441,840.00View SEC Filing  
11/15/2016J Kevin WillisCFOSell1,555$106.84$166,136.20View SEC Filing  
7/18/2016Anne T. SchumannVPSell496$121.61$60,318.56View SEC Filing  
7/12/2016Anne T. SchumannVPSell903$120.00$108,360.00View SEC Filing  
5/4/2016J Kevin WillisCFOSell1,183$110.99$131,301.17View SEC Filing  
4/21/2016Anne T SchumannVPSell195$115.00$22,425.00View SEC Filing  
4/13/2016Anne T SchumannVPSell172$112.00$19,264.00View SEC Filing  
4/1/2016Peter GanzSVPSell3,000$109.30$327,900.00View SEC Filing  
11/24/2015J Kevin WillisCFOSell1,173$111.38$130,648.74View SEC Filing  
11/13/2015George A. Schaefer, Jr.DirectorSell2,937$108.85$319,692.45View SEC Filing  
9/23/2015Theodore L. HarrisSVPSell11,277$108.77$1,226,599.29View SEC Filing  
7/14/2015Peter GanzSVPSell1,200$119.60$143,520.00View SEC Filing  
5/11/2015Luis M Fernandez-MorenoSVPSell1,300$132.00$171,600.00View SEC Filing  
4/13/2015Theodore L HarrisSVPSell5,000$130.08$650,400.00View SEC Filing  
4/8/2015Theodore L HarrisSVPSell16,793$128.31$2,154,709.83View SEC Filing  
4/7/2015William J HeitmanInsiderSell1,974$128.65$253,955.10View SEC Filing  
3/25/2015Luis M Fernandez-MorenoSVPSell3,868$127.52$493,247.36View SEC Filing  
1/12/2015Anne T SchumannVPSell1,314$120.03$157,719.42View SEC Filing  
1/8/2015Walter H SolomonVPSell6,344$119.00$754,936.00View SEC Filing  
1/6/2015William J HeitmanInsiderSell1,424$117.66$167,547.84View SEC Filing  
1/5/2015J Kevin WillisCFOSell6,940$117.51$815,519.40View SEC Filing  
1/5/2015Susan B EslerVPSell2,485$118.50$294,472.50View SEC Filing  
12/30/2014Theodore L HarrisSVPSell4,519$120.27$543,500.13View SEC Filing  
12/3/2014J Kevin WillisCFOSell1,587$116.94$185,583.78View SEC Filing  
9/11/2014Walter H SolomonVPSell2,866$107.98$309,470.68View SEC Filing  
9/4/2014Susan B EslerVPSell5,255$108.42$569,747.10View SEC Filing  
9/2/2014Michael J WardDirectorSell12,912$107.64$1,389,847.68View SEC Filing  
7/7/2014James J /Ky ObrienCEOSell160,933$108.14$17,403,294.62View SEC Filing  
5/9/2014J Kevin WillisCFOSell2,377$103.79$246,708.83View SEC Filing  
5/8/2014Anne SchumannVPSell1,532$101.55$155,574.60View SEC Filing  
5/8/2014Samuel MitchellSVPSell12,470$101.55$1,266,328.50View SEC Filing  
5/8/2014William HeitmanInsiderSell6,730$101.55$683,431.50View SEC Filing  
5/7/2014Walter SolomonVPSell3,117$102.76$320,302.92View SEC Filing  
4/1/2014Theodore HarrisSVPSell1,495$99.83$149,245.85View SEC Filing  
3/27/2014Theodore HarrisSVPSell1,329$97.46$129,524.34View SEC Filing  
3/24/2014Theodore HarrisSVPSell5,767$97.91$564,646.97View SEC Filing  
3/5/2014George Schaefer, Jr.DirectorSell9,975$94.49$942,537.75View SEC Filing  
2/25/2014John PanichellaSVPSell19,945$94.27$1,880,215.15View SEC Filing  
1/10/2014Susan EslerVPSell1,583$99.04$156,780.32View SEC Filing  
1/6/2014Susan EslerVPSell2,413$97.27$234,712.51View SEC Filing  
1/2/2014Peter GanzSVPSell2,641$96.55$254,988.55View SEC Filing  
12/9/2013J Kevin WillisCFOSell1,012$95.00$96,140.00View SEC Filing  
8/19/2013James /Ky ObrienCEOSell87,712$86.61$7,596,736.32View SEC Filing  
8/19/2013Susan EslerVPSell3,588$87.24$313,017.12View SEC Filing  
7/16/2013Samuel J MitchellSVPSell7,212$84.92$612,443.04View SEC Filing  
12/4/2012John E PanichellaSVPSell15,900$73.05$1,161,495.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ashland Global Holdings (NYSE:ASH)
Latest Headlines for Ashland Global Holdings (NYSE:ASH)
Source:
Loading headlines, please wait.

Social

Chart

Ashland Global Holdings (ASH) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.