Free Trial
NYSE:ASH

Ashland (ASH) Stock Price, News & Analysis

$99.65
-0.48 (-0.48%)
(As of 10:14 AM ET)
Today's Range
$99.65
$99.96
50-Day Range
$93.57
$101.21
52-Week Range
$70.82
$102.50
Volume
13,741 shs
Average Volume
412,644 shs
Market Capitalization
$5.00 billion
P/E Ratio
26.43
Dividend Yield
1.63%
Price Target
$106.44

Ashland MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
6.3% Upside
$106.44 Price Target
Short Interest
Healthy
1.49% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-4.44
Upright™ Environmental Score
News Sentiment
0.92mentions of Ashland in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
25.28%
From $4.47 to $5.60 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.

4.34 out of 5 stars

Basic Materials Sector

26th out of 173 stocks

Chemicals & Allied Products Industry

5th out of 14 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

Ashland Inc. (ASH)
Boutique, hat store open in Ashland
See More Headlines
Receive ASH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ashland and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Last Earnings
5/01/2024
Ex-Dividend for 6/15 Dividend
5/31/2024
Today
6/13/2024
Dividend Payable
6/15/2024
Next Earnings (Estimated)
7/23/2024
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
$106.44
High Stock Price Target
$126.00
Low Stock Price Target
$90.00
Potential Upside/Downside
+6.3%
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
$9.08 per share
Book Value
$60.44 per share

Miscellaneous

Free Float
49,781,000
Market Cap
$5.02 billion
Optionable
Optionable
Beta
0.92

Social Links

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives


ASH Stock Analysis - Frequently Asked Questions

Should I buy or sell Ashland stock right now?

8 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 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ASH shares.
View ASH analyst ratings
or view top-rated stocks.

What is Ashland's stock price target for 2024?

8 Wall Street analysts have issued 12 month price targets for Ashland's shares. Their ASH share price targets range from $90.00 to $126.00. On average, they expect the company's stock price to reach $106.44 in the next twelve months. This suggests a possible upside of 6.3% 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 2024?

Ashland's stock was trading at $84.31 on January 1st, 2024. Since then, ASH stock has increased by 18.8% and is now trading at $100.17.
View the best growth stocks for 2024 here
.

Are investors shorting Ashland?

Ashland saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 741,600 shares, an increase of 5.7% from the May 15th total of 701,600 shares. Based on an average daily volume of 327,500 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.5% of the shares of the company are short sold.
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, July 23rd 2024.
View our ASH earnings forecast
.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) announced its quarterly earnings data on Wednesday, May, 1st. The basic materials company reported $1.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.13. The basic materials company earned $575 million during the quarter, compared to the consensus estimate of $574.64 million. Ashland had a trailing twelve-month return on equity of 5.57% and a net margin of 9.09%. The company's revenue for the quarter was down 4.6% on a year-over-year basis. During the same quarter last year, the business earned $1.43 earnings per share.

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

Ashland announced a quarterly dividend on Tuesday, May 7th. Stockholders of record on Saturday, June 1st will be paid a dividend of $0.405 per share on Saturday, June 15th. This represents a $1.62 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Friday, May 31st. This is a boost from the stock's previous quarterly dividend of $0.39.
Read our dividend analysis for ASH
.

Is Ashland a good dividend stock?

Ashland (NYSE:ASH) pays an annual dividend of $1.62 per share and currently has a dividend yield of 1.61%. The dividend payout ratio is 42.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASH will have a dividend payout ratio of 28.93% 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 approved a stock repurchase plan on Wednesday, June 28th 2023, which authorizes the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 21.2% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.

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

Ashland updated its third quarter 2024 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $560.0 million-$580.0 million, compared to the consensus revenue estimate of $583.9 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).

Who are Ashland's major shareholders?

Ashland's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.64%), Clearbridge Investments LLC (3.60%), Allspring Global Investments Holdings LLC (3.31%), 1832 Asset Management L.P. (1.31%), Janus Henderson Group PLC (1.09%) and Boston Partners (0.86%). 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.

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
This page (NYSE:ASH) was last updated on 6/13/2024 by MarketBeat.com Staff

From Our Partners