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NYSE:ASH

Ashland - ASH Stock Forecast, Price & News

$96.41
-0.82 (-0.84%)
(As of 03/22/2023 12:00 AM ET)
Add
Compare
Today's Range
$96.40
▼
$99.36
50-Day Range
$95.00
▼
$112.25
52-Week Range
$91.66
▼
$114.36
Volume
613,477 shs
Average Volume
434,613 shs
Market Capitalization
$5.23 billion
P/E Ratio
5.98
Dividend Yield
1.39%
Price Target
$128.13

Ashland MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
32.9% Upside
$128.13 Price Target
Short Interest
Healthy
1.83% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.05mentions of Ashland in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.39%
From $6.36 to $6.83 Per Share

Overall MarketRank™

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

2.79 out of 5 stars

Basic Materials Sector

22nd out of 160 stocks

Chemicals & Allied Products Industry

2nd out of 15 stocks

See Top Rated MarketRank™ Stocks Here

ASH stock logo

About Ashland (NYSE:ASH) Stock

Ashland, Inc. engages in the provision of architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. It operates through the following segments: Life Sciences, Personal Care, Special Additives, and Intermediates. The company was founded in 1924 and is headquartered in Wilmington, DE.

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ASH Stock News Headlines

March 17, 2023 | americanbankingnews.com
Ashland (NYSE:ASH) Now Covered by Analysts at StockNews.com
March 16, 2023 | finance.yahoo.com
An Intrinsic Calculation For Ashland Inc. (NYSE:ASH) Suggests It's 35% Undervalued
March 22, 2023 | Investing Daily (Ad)
27 U.S. Cities Where Stocks Yield 26% a Year
What’s the highest-yielding stock you’ve ever owned? The dividends for these stocks have risen so fast over the years that they’re now yielding us an average of 26%! When you start getting paid 26% on your money, your financial problems tend to pretty much evaporate. pixel
March 16, 2023 | americanbankingnews.com
Ashland Inc. (NYSE:ASH) Receives $128.13 Consensus Price Target from Analysts
March 14, 2023 | americanbankingnews.com
Q3 2023 Earnings Estimate for Ashland Inc. Issued By Zacks Research (NYSE:ASH)
March 8, 2023 | finance.yahoo.com
Ashland shines spotlight on inspirational women, hosts inclusion and diversity speaker, and reinforces STEM commitment for International Women’s Day
February 19, 2023 | msn.com
Pollution from train derailment to arrive Sunday, Ashland to close Ohio River intake
February 2, 2023 | finance.yahoo.com
Ashland Inc. (NYSE:ASH) Q1 2023 Earnings Call Transcript
March 22, 2023 | Oxford Club (Ad)
My No. 1 dividend stock for a LIFETIME of income.
Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century!  I think it's a crying shame folks don't know how powerful dividends are.
January 31, 2023 | finance.yahoo.com
Ashland reports financial results1 for first quarter of fiscal year 2023 consistent with previous update
January 28, 2023 | msn.com
Ashland wrestling repeats as Tri-Valley League champion, but first time after going undefeated in the league
January 28, 2023 | msn.com
Prep Roundup: Wooster beats Ashland for Snowbarger's 200th career win
January 25, 2023 | finance.yahoo.com
Ashland provides update on fiscal 2023 first-quarter earnings and maintains its financial outlook for fiscal year 2023; sets date for fiscal 2023 first-quarter earnings release
January 24, 2023 | technews.tmcnet.com
Ashland Greene Capital Begins 2023 Propelled by 2022 Successes
January 24, 2023 | msn.com
85-year-old man missing from Ashland County
January 24, 2023 | finance.yahoo.com
Ashland's (NYSE:ASH) investors will be pleased with their notable 61% return over the last five years
January 23, 2023 | msn.com
Ashland declares $0.335 dividend
January 19, 2023 | finance.yahoo.com
Ashland (ASH) Up 13% in 3 Months: What's Driving the Stock?
January 17, 2023 | msn.com
Police investigating train crash after car is driven, abandoned on Ashland tracks
January 17, 2023 | msn.com
Ashland police investigate vehicle, train collision
January 17, 2023 | msn.com
News to Know: Lobby Day at the Capitol; train hits car in Ashland; MLK Day events
December 20, 2022 | finance.yahoo.com
Should You Think About Buying Ashland Inc. (NYSE:ASH) Now?
December 7, 2022 | finance.yahoo.com
Ashland (ASH) Up 4.1% Since Last Earnings Report: Can It Continue?
November 25, 2022 | finance.yahoo.com
Zacks Industry Outlook Highlights Ashland, Livent, Ingevity and Flexible Solutions International
November 23, 2022 | seekingalpha.com
Ashland: Could Be A Solid Defensive Play Going Forward
November 21, 2022 | finance.yahoo.com
Ashland Inc.'s (NYSE:ASH) Stock Is Going Strong: Have Financials A Role To Play?
November 15, 2022 | finance.yahoo.com
What Makes Ashland (ASH) a Strong Momentum Stock: Buy Now?
See More Headlines
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ASH Company Calendar

Last Earnings
2/01/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Today
3/22/2023
Next Earnings (Estimated)
4/25/2023
Fiscal Year End
9/30/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Chemicals & allied products
Sub-Industry
Specialty Chemicals
Sector
Basic Materials
Current Symbol
NYSE:ASH
CUSIP
04420910
CIK
1674862
Web
www.ashland.com
Phone
(302) 995-3000
Fax
859-815-5188
Employees
3,900
Year Founded
1924

Price Target and Rating

Average Stock Price Forecast
$128.13
High Stock Price Forecast
$148.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+32.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$16.11
Trailing P/E Ratio
5.98
Forward P/E Ratio
15.16
P/E Growth
N/A
Net Income
$927 million
Net Margins
38.23%
Pretax Margin
9.11%
Return on Equity
9.82%
Return on Assets
5.04%

Debt

Debt-to-Equity Ratio
0.40
Current Ratio
3.72
Quick Ratio
2.16

Sales & Book Value

Annual Sales
$2.39 billion
Price / Sales
2.19
Cash Flow
$10.69 per share
Price / Cash Flow
9.02
Book Value
$59.48 per share
Price / Book
1.62

Miscellaneous

Outstanding Shares
54,270,000
Free Float
50,044,000
Market Cap
$5.23 billion
Optionable
Optionable
Beta
1.00

Social Links


Key Executives

  • Guillermo Novo
    Chairman & Chief Executive Officer
  • J. Kevin WillisJ. Kevin Willis
    Chief Financial Officer & Senior Vice President
  • Osama M. Musa
    Chief Technology Officer & Senior Vice President
  • Yvonne Winkler von Mohrenfels
    Secretary, Senior Vice President & General Counsel
  • Theodore L. Harris
    Senior Vice President

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













ASH Stock - Frequently Asked Questions

Should I buy or sell Ashland stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last year. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ASH shares.
View ASH analyst ratings or view top-rated stocks.

What is Ashland's stock price forecast for 2023?

7 analysts have issued twelve-month price objectives for Ashland's shares. Their ASH share price forecasts range from $105.00 to $148.00. On average, they expect the company's stock price to reach $128.13 in the next twelve months. This suggests a possible upside of 32.9% 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 shares have decreased by 10.3% and is now trading at $96.41.
View the best growth stocks for 2023 here.

Are investors shorting Ashland?

Ashland saw a increase in short interest in February. As of February 28th, there was short interest totaling 988,900 shares, an increase of 21.7% from the February 13th total of 812,900 shares. Based on an average daily volume of 394,500 shares, the short-interest ratio is currently 2.5 days. Approximately 1.8% of the company's stock are sold short.
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, April 25th 2023.
View our ASH earnings forecast.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) posted its quarterly earnings results on Wednesday, February, 1st. The basic materials company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.02. The basic materials company had revenue of $525 million for the quarter, compared to analysts' expectations of $516.58 million. Ashland had a trailing twelve-month return on equity of 9.82% and a net margin of 38.23%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.88 EPS.

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

Ashland announced a quarterly dividend on Monday, January 23rd. Shareholders of record on Wednesday, March 1st will be given a dividend of $0.335 per share on Wednesday, March 15th. This represents a $1.34 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for ASH.

What ETFs hold Ashland's stock?

ETFs with the largest weight of Ashland (NYSE:ASH) stock in their portfolio include Invesco DWA Basic Materials Momentum ETF (PYZ), Global X Guru Index ETF (GURU), First Trust Materials AlphaDEX Fund (FXZ), Opus Small Cap Value Plus ETF (OSCV), Invesco S&P MidCap Low Volatility ETF (XMLV), Invesco S&P MidCap Momentum ETF (XMMO), Invesco S&P MidCap Quality ETF (XMHQ) and Invesco S&P MidCap Value with Momentum ETF (XMVM).

Is Ashland a good dividend stock?

Ashland (NYSE:ASH) pays an annual dividend of $1.34 per share and currently has a dividend yield of 1.41%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 8.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASH will have a dividend payout ratio of 19.62% 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 has approved a share buyback program on Wednesday, May 25th 2022, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 8.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

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

Ashland updated its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided EPS guidance of $0.97-$0.97 for the period, compared to the consensus estimate of $1.10. The company issued revenue guidance of $525.00 million-$525.00 million, compared to the consensus revenue estimate of $547.81 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 number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.28%), Neuberger Berman Group LLC (3.41%), Franklin Resources Inc. (3.11%), Diamond Hill Capital Management Inc. (2.33%), Clearbridge Investments LLC (2.22%) and Thrivent Financial for Lutherans (1.71%). 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 $96.41.

How much money does Ashland make?

Ashland (NYSE:ASH) has a market capitalization of $5.23 billion and generates $2.39 billion in revenue each year. The basic materials company earns $927 million in net income (profit) each year or $16.11 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 3/22/2023 by MarketBeat.com Staff