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NYSE:ASH

Ashland - ASH Stock Forecast, Price & News

$106.64
-0.98 (-0.91%)
(As of 02/3/2023 11:46 AM ET)
Add
Compare
Today's Range
$105.71
$107.28
50-Day Range
$103.59
$113.58
52-Week Range
$83.29
$114.36
Volume
138,773 shs
Average Volume
440,964 shs
Market Capitalization
$5.77 billion
P/E Ratio
6.62
Dividend Yield
1.24%
Price Target
$131.71

Ashland MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
19.1% Upside
$128.13 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
0.09mentions of Ashland in the last 14 days
Based on 29 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.79%
From $6.19 to $6.61 Per Share

Overall MarketRank

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

2.37 out of 5 stars

Basic Materials Sector

44th out of 159 stocks

Chemicals & Allied Products Industry

5th 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 (NYSE:ASH) Issues Quarterly Earnings Results
Ashland Inc. (NYSE:ASH) Q1 2023 Earnings Call Transcript
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Ashland (NYSE:ASH) Rating Increased to Buy at StockNews.com
Ashland (NYSE:ASH) Upgraded to Buy at StockNews.com
Know Your Profit Potential BEFORE You Trade!
I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! pixel
Ashland (ASH) to Release Quarterly Earnings on Tuesday
Ashland (NYSE:ASH) Price Target Cut to $136.00
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
See More Headlines
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ASH Company Calendar

Ex-Dividend for 12/15 Dividend
11/30/2022
Dividend Payable
12/15/2022
Last Earnings
2/01/2023
Today
2/03/2023
Ex-Dividend for 3/15 Dividend
2/28/2023
Dividend Payable
3/15/2023
Next Earnings (Estimated)
4/25/2023
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
$128.13
High Stock Price Forecast
$148.00
Low Stock Price Forecast
$105.00
Forecasted Upside/Downside
+23.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
7 Analysts

Profitability

Net Income
$927 million
Pretax Margin
9.11%

Debt

Sales & Book Value

Annual Sales
$2.39 billion
Cash Flow
$10.35 per share
Book Value
$61.28 per share

Miscellaneous

Free Float
49,708,000
Market Cap
$5.77 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?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ashland in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12-month price objectives for Ashland's stock. Their ASH share price forecasts range from $105.00 to $148.00. On average, they anticipate the company's stock price to reach $128.13 in the next twelve months. This suggests a possible upside of 19.1% 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 2023. Since then, ASH stock has increased by 0.1% and is now trading at $107.62.
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 volume of 371,300 shares, the short-interest ratio is currently 2.0 days. Approximately 1.4% of the shares of the stock 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, April 25th 2023.
View our ASH earnings forecast
.

How were Ashland's earnings last quarter?

Ashland Inc. (NYSE:ASH) announced its earnings results on Wednesday, February, 1st. The basic materials company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.95 by $0.02. The basic materials company earned $525 million during the quarter, compared to analysts' expectations of $516.58 million. Ashland had a trailing twelve-month return on equity of 9.84% and a net margin of 38.23%. The business's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period last year, the firm posted $0.88 EPS.

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

Ashland declared a quarterly dividend on Monday, January 23rd. Investors of record on Wednesday, March 1st will be paid 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 1.23%. 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 20.27% 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 share buyback program on Wednesday, May 25th 2022, which authorizes the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 8.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

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

Ashland issued an update on its first quarter 2023 earnings guidance on Wednesday, January, 25th. The company provided earnings per share (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 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 $107.62.

How much money does Ashland make?

Ashland (NYSE:ASH) has a market capitalization of $5.83 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 2/3/2023 by MarketBeat.com Staff