NYSE:ASH - Ashland Global Stock Price, News & Analysis

$77.00
-1.33 (-1.70 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$76.79
Now: $77.00
$77.75
50-Day Range
$70.86
MA: $74.63
$80.40
52-Week Range
$64.93
Now: $77.00
$86.53
Volume16,850 shs
Average Volume430,040 shs
Market Capitalization$4.66 billion
P/E Ratio21.51
Dividend Yield1.42%
Beta1.27
Ashland Global Holdings Inc provides specialty chemical solutions worldwide. The company's Specialty Ingredients segment offers products, technologies, and resources for solving formulation and product-performance challenges. It provides solutions using natural, synthetic, and semisynthetic polymers derived from cellulose ethers, vinyl pyrrolidones, acrylic polymers, polyester and polyurethane-based adhesives, and plant and seed extracts. Read More…

Industry, Sector and Symbol

Industry Chemicals & allied products
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
CUSIP04420910
Phone859-815-3333

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.74 billion
Cash Flow$8.7203 per share
Book Value$54.56 per share

Profitability

Net Income$114 million

Miscellaneous

Employees6,000
Market Cap$4.66 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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Ashland Global (NYSE:ASH) Frequently Asked Questions

What is Ashland Global's stock symbol?

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

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

Ashland Global announced a quarterly dividend on Wednesday, July 17th. Shareholders of record on Friday, August 30th will be given a dividend of $0.275 per share on Sunday, September 15th. This represents a $1.10 annualized dividend and a yield of 1.43%. The ex-dividend date is Thursday, August 29th. View Ashland Global's Dividend History.

How will Ashland Global's stock buyback program work?

Ashland Global declared that its board has authorized a stock repurchase plan on Wednesday, March 21st 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

How were Ashland Global's earnings last quarter?

Ashland Global Holdings Inc (NYSE:ASH) posted its earnings results on Tuesday, July, 30th. The basic materials company reported $0.77 earnings per share (EPS) for the quarter, meeting the Thomson Reuters' consensus estimate of $0.77. The basic materials company earned $641 million during the quarter, compared to analyst estimates of $640.29 million. Ashland Global had a return on equity of 5.15% and a net margin of 3.63%. The firm's quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.77 EPS. View Ashland Global's Earnings History.

When is Ashland Global's next earnings date?

Ashland Global is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Ashland Global.

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

Ashland Global issued an update on its fourth quarter earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $0.92-1.02 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.99.

What price target have analysts set for ASH?

6 brokers have issued twelve-month price targets for Ashland Global's shares. Their forecasts range from $82.00 to $96.00. On average, they expect Ashland Global's stock price to reach $88.6667 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price. View Analyst Price Targets for Ashland Global.

What is the consensus analysts' recommendation for Ashland Global?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashland Global in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ashland Global.

Has Ashland Global been receiving favorable news coverage?

Media coverage about ASH stock has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ashland Global earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Ashland Global.

Are investors shorting Ashland Global?

Ashland Global saw a decline in short interest in August. As of August 15th, there was short interest totalling 2,628,500 shares, a decline of 25.1% from the July 15th total of 3,508,600 shares. Based on an average daily trading volume, of 779,900 shares, the days-to-cover ratio is presently 3.4 days. Currently, 4.2% of the shares of the stock are short sold. View Ashland Global's Current Options Chain.

Who are some of Ashland Global's key competitors?

What other stocks do shareholders of Ashland Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashland Global investors own include Activision Blizzard (ATVI), Citigroup (C), Celgene (CELG), Honeywell International (HON), Nike (NKE), Autodesk (ADSK), Ares Capital (ARCC), Masimo (MASI), CF Industries (CF) and Canopy Growth (CGC).

Who are Ashland Global's key executives?

Ashland Global's management team includes the folowing people:
  • Mr. William A. Wulfsohn, Chairman & CEO (Age 57)
  • Mr. John Kevin Willis, Sr. VP & CFO (Age 54)
  • Dr. Keith C. Silverman Ph.D., Sr. VP of Global Operations, Quality, Environmental, Health & Safety (Age 52)
  • Mr. Peter J. Ganz, Sr. VP, Gen. Counsel, Sec. and Chief Legal & Compliance Officer (Age 57)
  • Ms. Anne T. Schumann, Sr. VP and Chief HR & Information Technology Officer (Age 59)

Who are Ashland Global's major shareholders?

Ashland Global's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.61%), BlackRock Inc. (9.61%), Vanguard Group Inc. (9.61%), Eminence Capital LP (8.55%), Wedge Capital Management L L P NC (2.33%) and Diamond Hill Capital Management Inc. (2.20%). Company insiders that own Ashland Global stock include Anne T Schumann, J Kevin Willis, Keith C Silverman, Osama M Musa, Peter Ganz and William J Heitman. View Institutional Ownership Trends for Ashland Global.

Which institutional investors are selling Ashland Global stock?

ASH stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, DekaBank Deutsche Girozentrale, UBS Asset Management Americas Inc., Renaissance Technologies LLC, HBK Investments L P, AQR Capital Management LLC, Marshall Wace LLP and Panagora Asset Management Inc.. Company insiders that have sold Ashland Global company stock in the last year include J Kevin Willis, Keith C Silverman, Osama M Musa, Peter Ganz and William J Heitman. View Insider Buying and Selling for Ashland Global.

Which institutional investors are buying Ashland Global stock?

ASH stock was acquired by a variety of institutional investors in the last quarter, including Eminence Capital LP, Diamond Hill Capital Management Inc., Nuveen Asset Management LLC, Invesco Ltd., Boussard & Gavaudan Investment Management LLP, WINTON GROUP Ltd, Sandbar Asset Management LLP and Schroder Investment Management Group. View Insider Buying and Selling for Ashland Global.

How do I buy shares of Ashland Global?

Shares of ASH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Ashland Global's stock price today?

One share of ASH stock can currently be purchased for approximately $77.00.

How big of a company is Ashland Global?

Ashland Global has a market capitalization of $4.66 billion and generates $3.74 billion in revenue each year. The basic materials company earns $114 million in net income (profit) each year or $3.58 on an earnings per share basis. Ashland Global employs 6,000 workers across the globe.View Additional Information About Ashland Global.

What is Ashland Global's official website?

The official website for Ashland Global is http://www.ashland.com/.

How can I contact Ashland Global?

Ashland Global's mailing address is 50 East RiverCenter Boulevard, COVINGTON KY, 41011. The basic materials company can be reached via phone at 859-815-3333 or via email at [email protected]


MarketBeat Community Rating for Ashland Global (NYSE ASH)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  485 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  823
MarketBeat's community ratings are surveys of what our community members think about Ashland Global and other stocks. Vote "Outperform" if you believe ASH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/16/2019 by MarketBeat.com Staff

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