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

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

Ashland Global declared a quarterly dividend on Thursday, November 14th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.275 per share on Sunday, December 15th. This represents a $1.10 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date of this dividend is Friday, November 29th. View Ashland Global's Dividend History.

Ashland Global announced that its Board of Directors has initiated a share buyback program on Wednesday, March 21st 2018, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its stock is undervalued.

Ashland Global Holdings Inc (NYSE:ASH) posted its quarterly earnings results on Monday, November, 18th. The basic materials company reported $0.77 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.98 by $0.21. The basic materials company earned $609 million during the quarter, compared to analysts' expectations of $644.53 million. Ashland Global had a net margin of 20.26% and a return on equity of 4.64%. The firm's revenue for the quarter was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.97 EPS. View Ashland Global's Earnings History.

Ashland Global is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Ashland Global.

7 brokers have issued 12 month target prices for Ashland Global's shares. Their forecasts range from $77.00 to $92.00. On average, they anticipate Ashland Global's stock price to reach $85.14 in the next year. This suggests a possible upside of 12.6% from the stock's current price. View Analyst Price Targets for Ashland Global.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashland Global in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ashland Global.

News stories about ASH stock have trended somewhat negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ashland Global earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press 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.

Ashland Global saw a drop in short interest in the month of January. As of January 15th, there was short interest totalling 2,200,000 shares, a drop of 17.9% from the December 31st total of 2,680,000 shares. Based on an average daily trading volume, of 538,400 shares, the days-to-cover ratio is currently 4.1 days. Currently, 3.7% of the company's shares are short sold. View Ashland Global's Current Options Chain.

Some companies that are related to Ashland Global include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), PolyOne (POL), Sensient Technologies (SXT), Innospec (IOSP), HB Fuller (FUL) and Stepan (SCL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ashland Global investors own include Verizon Communications (VZ), Intel (INTC), AbbVie (ABBV), Boeing (BA), IBM (IBM), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), General Electric (GE), 3M (MMM) and Altria Group (MO).

Ashland Global's stock is owned by many different of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (2.52%), California Public Employees Retirement System (0.22%), New York State Teachers Retirement System (0.14%), Gateway Investment Advisers LLC (0.14%), First Financial Bank Trust Division (0.10%) and Nisa Investment Advisors LLC (0.07%). Company insiders that own Ashland Global stock include J Kevin Willis, Keith C Silverman, Osama M Musa, Peter Ganz and William J Heitman. View Institutional Ownership Trends for Ashland Global.

ASH stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, New York State Teachers Retirement System, Arizona State Retirement System, CenturyLink Investment Management Co, Leavell Investment Management Inc., State of Alaska Department of Revenue and Nisa Investment Advisors LLC. Company insiders that have sold Ashland Global company stock in the last year include J Kevin Willis, Osama M Musa, Peter Ganz and William J Heitman. View Insider Buying and Selling for Ashland Global.

ASH stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Private Trust Co. NA, Strs Ohio, Tocqueville Asset Management L.P., Cerebellum GP LLC, First Financial Bank Trust Division, Dupont Capital Management Corp and Savior LLC. View Insider Buying and Selling for 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.

One share of ASH stock can currently be purchased for approximately $75.64.

Ashland Global has a market capitalization of $4.56 billion and generates $2.49 billion in revenue each year. The basic materials company earns $505 million in net income (profit) each year or $2.50 on an earnings per share basis. Ashland Global employs 4,700 workers across the globe.View Additional Information About Ashland Global.

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

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]