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S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
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Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Invest in Brooklyn Gin: Hot craft spirits opportunity (Ad)pixel
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Invest in Brooklyn Gin: Hot craft spirits opportunity (Ad)pixel
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
S&P 500   3,852.36
DOW   32,920.46
QQQ   290.27
Mullen Automotive On Hiring Spree, What Could That Mean? 
Is This The End of Capitalism? (Ad)
What You Need to Know About Annuity Withdrawals
SoFi Technologies Smashes Earnings but Beware the Fed Decision
Is This The End of Capitalism? (Ad)
Why Extreme Networks is a Recession-Proof Technology Play
Why Gold Can Be A Glistening Addition To Your Portfolio Right Now
Invest in Brooklyn Gin: Hot craft spirits opportunity (Ad)pixel
Grab Shares Are Suddenly On Track To Double
Buying The Dip In Colgate-Palmolive 
NYSE:ASH

Ashland - ASH Stock Forecast, Price & News

$106.77
-0.88 (-0.82%)
(As of 01/30/2023 12:00 AM ET)
Add
Compare
Today's Range
$106.49
$108.41
50-Day Range
$103.59
$113.58
52-Week Range
$83.29
$114.36
Volume
319,245 shs
Average Volume
412,818 shs
Market Capitalization
$5.78 billion
P/E Ratio
6.59
Dividend Yield
1.24%
Price Target
$131.71

Ashland MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
23.4% Upside
$131.71 Price Target
Short Interest
Healthy
1.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.06mentions of Ashland in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.96%
From $6.03 to $6.57 Per Share

Overall MarketRank

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

2.48 out of 5 stars

Basic Materials Sector

45th out of 160 stocks

Chemicals & Allied Products Industry

6th out of 15 stocks


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

Ashland (ASH) to Release Quarterly Earnings on Tuesday
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Ashland (NYSE:ASH) Price Target Cut to $136.00
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
Brokerages Set Ashland Inc. (NYSE:ASH) Target Price at $130.29
Ashland (NYSE:ASH) Stock Rating Lowered by StockNews.com
Ashland Inc. Announces Quarterly Dividend of $0.34 (NYSE:ASH)
Ashland Inc. (NYSE:ASH) Sees Large Decline in Short Interest
Ashland declares $0.335 dividend
Should You Think About Buying Ashland Inc. (NYSE:ASH) Now?
Ashland: Could Be A Solid Defensive Play Going Forward
See More Headlines
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ASH Company Calendar

Last Earnings
11/07/2022
Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Today
1/31/2023
Next Earnings (Confirmed)
1/31/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Fiscal Year End
9/30/2023

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
$131.71
High Stock Price Forecast
$148.00
Low Stock Price Forecast
$118.00
Forecasted Upside/Downside
+23.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$927 million
Pretax Margin
8.62%

Debt

Sales & Book Value

Annual Sales
$2.39 billion
Cash Flow
$10.44 per share
Book Value
$59.48 per share

Miscellaneous

Free Float
49,930,000
Market Cap
$5.78 billion
Optionable
Optionable
Beta
0.99

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
  • Min S. Chong
    Senior Vice President & General Manager













ASH Stock - Frequently Asked Questions

Should I buy or sell Ashland stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street 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?

6 brokerages have issued 1-year price objectives for Ashland's shares. Their ASH share price forecasts range from $118.00 to $148.00. On average, they expect the company's stock price to reach $131.71 in the next twelve months. This suggests a possible upside of 23.2% 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 on January 1st, 2023. Since then, ASH stock has decreased by 0.6% and is now trading at $106.90.
View the best growth stocks for 2023 here
.

Are investors shorting Ashland?

Ashland saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 735,700 shares, a decrease of 5.6% from the December 15th total of 779,300 shares. Based on an average daily trading volume, of 371,300 shares, the days-to-cover ratio is currently 2.0 days. Approximately 1.4% of the company's shares 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, January 31st 2023.
View our ASH earnings forecast
.

How can I listen to Ashland's earnings call?

Ashland will be holding an earnings conference call on Wednesday, February 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) announced its quarterly earnings data on Monday, November, 7th. The basic materials company reported $1.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.39 by $0.07. The basic materials company had revenue of $631 million for the quarter, compared to analyst estimates of $636.10 million. Ashland had a net margin of 38.77% and a trailing twelve-month return on equity of 10.17%.

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 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, February 28th.
Read our dividend analysis for ASH
.

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 1.24%. 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 8.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASH will have a dividend payout ratio of 20.40% 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 authorized a stock buyback program on Wednesday, May 25th 2022, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 8.7% 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 guidance has Ashland issued on next quarter's earnings?

Ashland updated its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share 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 Allspring Global Investments Holdings LLC (0.86%), Assenagon Asset Management S.A. (0.58%), Natixis Advisors L.P. (0.44%), Fort Washington Investment Advisors Inc. OH (0.22%), Ceredex Value Advisors LLC (0.20%) and Handelsinvest Investeringsforvaltning (0.18%). Insiders that own company stock include Eric N Boni, Guillermo Novo, 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 $106.90.

How much money does Ashland make?

Ashland (NYSE:ASH) has a market capitalization of $5.79 billion and generates $2.39 billion in revenue each year. The basic materials company earns $927 million in net income (profit) each year or $16.21 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 1/31/2023 by MarketBeat.com Staff