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NYSE:ASH

Ashland (ASH) Stock Price, News & Analysis

$96.19
+1.67 (+1.77%)
(As of 07/26/2024 ET)
Today's Range
$95.09
$97.01
50-Day Range
$92.00
$101.21
52-Week Range
$70.82
$102.50
Volume
193,202 shs
Average Volume
402,514 shs
Market Capitalization
$4.82 billion
P/E Ratio
25.51
Dividend Yield
1.68%
Price Target
$107.88

Ashland MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
12.1% Upside
$107.88 Price Target
Short Interest
Healthy
1.28% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.19mentions of Ashland in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.63%
From $4.56 to $5.82 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.

4.84 out of 5 stars

Basic Materials Sector

10th out of 175 stocks

Chemicals & Allied Products Industry

2nd out of 15 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

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Ashland (NYSE:ASH) Downgraded to "Hold" at StockNews.com
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/15 Dividend
5/31/2024
Dividend Payable
6/15/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/06/2024
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
$107.88
High Stock Price Target
$126.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+12.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$178 million
Pretax Margin
1.89%

Debt

Sales & Book Value

Annual Sales
$2.19 billion
Cash Flow
$9.17 per share
Book Value
$60.44 per share

Miscellaneous

Free Float
49,781,000
Market Cap
$4.82 billion
Optionable
Optionable
Beta
0.90

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Key Executives


ASH Stock Analysis - Frequently Asked Questions

How have ASH shares performed this year?

Ashland's stock was trading at $84.31 at the beginning of the year. Since then, ASH shares have increased by 14.1% and is now trading at $96.19.
View the best growth stocks for 2024 here
.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) announced its earnings results on Wednesday, May, 1st. The basic materials company reported $1.27 EPS for the quarter, beating the consensus estimate of $1.14 by $0.13. Ashland's revenue was down 4.6% compared to the same quarter last year.

Is Ashland doing a stock buyback?

Ashland's board approved a share repurchase program on Wednesday, June 28th 2023, which allows the company to buy back $1,000,000,000 in shares, according to EventVestor. This means that the company could purchase up to 21.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its shares are undervalued.

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.

Does Ashland have any subsidiaries?

Ashland subsidiaries include these companies: Schülke & Mayr - Personal Care Business, Vornia, Pharmachem Laboratories, Oil Can Henry’s, International Specialty Products, Hercules, Northwest Coatings, and more.

Who are Ashland's major shareholders?

Top institutional investors of Ashland include Allspring Global Investments Holdings LLC (3.26%), Bank of New York Mellon Corp (1.09%), Ceredex Value Advisors LLC (1.03%) and Coronation Fund Managers Ltd. (0.33%). 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.

What other stocks do shareholders of Ashland own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ashland investors own include Intel (INTC), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Eastman Chemical (EMN), Abbott Laboratories (ABT) and Boeing (BA).

This page (NYSE:ASH) was last updated on 7/27/2024 by MarketBeat.com Staff

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