About Ashland Global Holdings (NYSE:ASH)
Ashland Inc. is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties. Its Performance Materials segment is engaged in providing unsaturated polyester resins and vinyl ester resins, and consists of two divisions: Composites and Intermediates/Solvents. Its Valvoline segment is engaged in producing and distributing automotive, commercial and industrial lubricants, and automotive chemicals. Its chemistry is used in various markets and applications, including architectural coatings, adhesives, automotive, construction, energy and pharmaceutical.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Chemicals - Major Diversified
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:ASH
- CUSIP: 04420910
- Web: www.ashland.com
- Market Cap: $4.17 billion
- Outstanding Shares: 62,402,000
- 50 Day Moving Avg: $65.01
- 200 Day Moving Avg: $64.08
- 52 Week Range: $59.80 - $128.19
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 20.38
- P/E Growth: -1.36
- Annual Revenue: $5.06 billion
- Price / Sales: 0.82
- Book Value: $54.47 per share
- Price / Book: 1.23
- Annual Dividend: $0.90
- Dividend Yield: 1.4%
- EBITDA: $719 million
- Net Margins: -4.71%
- Return on Equity: 10.62%
- Return on Assets: 3.70%
- Debt-to-Equity Ratio: 0.76%
- Current Ratio: 2.05%
- Quick Ratio: 1.35%
- Average Volume: 577,445 shs.
- Beta: 1.06
- Short Ratio: 3.28
Frequently Asked Questions for Ashland Global Holdings (NYSE:ASH)
What is Ashland Global Holdings' stock symbol?
Ashland Global Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASH."
How often does Ashland Global Holdings pay dividends? What is the dividend yield for Ashland Global Holdings?
Ashland Global Holdings declared a quarterly dividend on Thursday, July 20th. Investors of record on Friday, September 1st will be paid a dividend of $0.225 per share on Friday, September 15th. This represents a $0.90 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 30th. View Ashland Global Holdings' Dividend History.
How were Ashland Global Holdings' earnings last quarter?
Ashland Global Holdings Inc. (NYSE:ASH) posted its earnings results on Tuesday, August, 1st. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.13. The business had revenue of $870 million for the quarter, compared to analysts' expectations of $842.78 million. Ashland Global Holdings had a positive return on equity of 10.62% and a negative net margin of 4.71%. The company's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.95 earnings per share. View Ashland Global Holdings' Earnings History.
When will Ashland Global Holdings make its next earnings announcement?
Where is Ashland Global Holdings' stock going? Where will Ashland Global Holdings' stock price be in 2017?
4 analysts have issued twelve-month price objectives for Ashland Global Holdings' shares. Their forecasts range from $65.00 to $118.00. On average, they anticipate Ashland Global Holdings' share price to reach $83.50 in the next twelve months. View Analyst Ratings for Ashland Global Holdings.
What are analysts saying about Ashland Global Holdings stock?
Here are some recent quotes from research analysts about Ashland Global Holdings stock:
- 1. According to Zacks Investment Research, "Ashland Global Holdings Inc. is engaged in providing specialty chemical solutions. It serves consumer and industrial markets which includes adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical sector. Ashland Global Holdings Inc., formerly known as Ashland Inc., is based in Covington, United States. " (8/3/2017)
- 2. Jefferies Group LLC analysts commented, "With the Valvoline (VVV, NC) spin imminent, followed shortly thereafter by an investor day, we expect the investment debate to focus increasingly on opportunities for further portfolio simplification (doable, but not a prime catalyst in our view), prospects for FCF generation, and visibility on operating leverage. Tweaking estimates: We are raising 2017E $0.15 to $5.70 and 2018E $0.10 to $6.10 to reflect less F/X headwinds and a slightly more positive macro environment. These estimates translate into $2.20 and $2.60, respectively, for Ashland ex-Valvoline. We now forecast $119m in FCF before dividends in 2017E, and $170m in 2018E." (2/21/2017)
Who are some of Ashland Global Holdings' key competitors?
Some companies that are related to Ashland Global Holdings include First Quantum Minerals (FQVLF), Turquoise Hill Resources Ltd (TRQ), Mosaic Company (The) (MOS), CI Financial Corp (CIX), Lundin Mining (LUN), Axalta Coating Systems Ltd (AXTA), Randgold Resources Limited (RRS), Keyera Corp (KEY), Huntsman Corporation (HUN), Johnson Matthey PLC (JMAT), SINOPEC Shangai Petrochemical Company (SHI), Dcc Plc (DCC), Seven Generations Energy Ltd (VII), Turquoise Hill Resources (TRQ), Svenska Cellulosa AB (SVCBY), Ternium S.A. (TX), Tourmaline Oil Corp (TOU) and Gerdau S.A. (GGB).
Who owns Ashland Global Holdings stock?
Ashland Global Holdings' stock is owned by a number of of institutional and retail investors. Top institutional investors include Nationwide Fund Advisors (0.45%), Boussard & Gavaudan Investment Management LLP (0.17%), Mutual of America Capital Management LLC (0.09%), State Treasurer State of Michigan (0.04%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Ashland Global Holdings stock include Anne T Schumann, George A Schaefer, Jr, J Kevin Willis, Luis M Fernandez-Moreno, Peter Ganz and William J Heitman. View Institutional Ownership Trends for Ashland Global Holdings.
Who sold Ashland Global Holdings stock? Who is selling Ashland Global Holdings stock?
Ashland Global Holdings' stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan and Mutual of America Capital Management LLC. Company insiders that have sold Ashland Global Holdings stock in the last year include Anne T Schumann, J Kevin Willis, Luis M Fernandez-Moreno and William J Heitman. View Insider Buying and Selling for Ashland Global Holdings.
Who bought Ashland Global Holdings stock? Who is buying Ashland Global Holdings stock?
How do I buy Ashland Global Holdings stock?
Shares of Ashland Global Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ashland Global Holdings' stock price today?
MarketBeat Community Rating for Ashland Global Holdings (NYSE ASH)MarketBeat's community ratings are surveys of what our community members think about Ashland Global Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ashland Global Holdings stock can currently be purchased for approximately $66.85.
Consensus Ratings for Ashland Global Holdings (NYSE:ASH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$83.50 (24.91% upside)|Consensus Price Target History for Ashland Global Holdings (NYSE:ASH)
Analysts' Ratings History for Ashland Global Holdings (NYSE:ASH)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/26/2017||Jefferies Group LLC||Reiterated Rating||Buy||$74.00 -> $77.00||Low|
|8/3/2017||Deutsche Bank AG||Lower Price Target||Buy||$75.00 -> $74.00||Medium|
|5/31/2017||J P Morgan Chase & Co||Boost Price Target||Neutral||$61.00 -> $118.00||Low|
|5/17/2017||Credit Suisse Group||Reiterated Rating||Neutral||$59.69 -> $65.00||Low|
|1/27/2016||Monness Crespi & Hardt||Lower Price Target||Buy||$136.00 -> $130.00||N/A|
|1/13/2016||Seaport Global Securities||Lower Price Target||$152.00 -> $135.00||N/A|
Earnings History for Ashland Global Holdings (NYSE:ASH)Earnings History by Quarter for Ashland Global Holdings (NYSE ASH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q3 2017||$0.70||$0.83||$842.78 million||$870.00 million||View||Listen|
|4/25/2017||Q2 2017||$1.61||$1.71||$1.28 billion||$1.32 billion||View||N/A|
|1/26/2017||Q1 2017||$0.91||$1.16||$1.11 billion||$1.20 billion||View||N/A|
|11/8/2016||Q4||$1.61||$1.52||$1.25 billion||$1.20 billion||View||Listen|
|7/26/2016||Q3||$2.04||$1.95||$1.32 billion||$1.29 billion||View||Listen|
|4/26/2016||Q2||$1.74||$1.83||$1.25 billion||$1.25 billion||View||Listen|
|1/25/2016||Q1||$1.39||$1.41||$1.22 billion||$1.20 billion||View||Listen|
|11/3/2015||Q4||$1.50||$1.62||$1.30 billion||$1.30 billion||View||Listen|
|7/29/2015||Q215||$1.75||$1.91||$1.41 billion||$1.37 billion||View||Listen|
|4/29/2015||Q2||$1.73||$2.03||$1.42 billion||$1.35 billion||View||Listen|
|1/26/2015||Q115||$1.43||$1.46||$1.44 billion||$1.39 billion||View||Listen|
|11/5/2014||Q414||$1.37||$1.42||$1.53 billion||$1.50 billion||View||N/A|
|7/31/2014||Q314||$1.57||$1.63||$1.61 billion||$1.60 billion||View||Listen|
|4/30/2014||Q214||$1.56||$1.53||$1.98 billion||$1.55 billion||View||Listen|
|1/28/2014||Q1||$1.31||$1.42||$1.87 billion||$1.87 billion||View||Listen|
|11/5/2013||Q312||$1.50||$1.54||$1.93 billion||$1.91 billion||View||N/A|
|7/25/2013||Prelim 2013||$1.84||$1.66||$2.06 billion||$2.10 billion||View||Listen|
|4/24/2013||Q2 2013||$1.55||$1.78||$2.00 billion||$2.00 billion||View||N/A|
|1/29/2013||Q1 2013||$1.37||$1.12||$1.90 billion||$1.90 billion||View||N/A|
|10/30/2012||Q412||$1.76||$1.87||$2.08 billion||$2.10 billion||View||N/A|
Earnings Estimates for Ashland Global Holdings (NYSE:ASH)
2017 EPS Consensus Estimate: $3.96
2018 EPS Consensus Estimate: $4.01
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Ashland Global Holdings (NYSE:ASH)
|Most Recent Dividend:||9/15/2017|
|Dividend Growth:||7.80% (3 Year Average)|
|Payout Ratio:||-25.42% (Trailing 12 Months of Earnings) |
20.50% (Based on This Year's Estimates)
27.44% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Ashland Global Holdings (NYSE ASH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ashland Global Holdings (NYSE:ASH)
Insider Ownership Percentage: 1.27%Insider Trades by Quarter for Ashland Global Holdings (NYSE:ASH)
Institutional Ownership Percentage: 92.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|4/11/2017||Anne T. Schumann||VP||Sell||4,003||$125.64||$502,936.92|| |
|2/22/2017||Luis M. Fernandez-Moreno||Insider||Sell||2,609||$123.85||$323,124.65|| |
|1/17/2017||William J. Heitman||Insider||Sell||4,000||$110.46||$441,840.00|| |
|11/15/2016||J Kevin Willis||CFO||Sell||1,555||$106.84||$166,136.20|| |
|7/18/2016||Anne T. Schumann||VP||Sell||496||$121.61||$60,318.56|| |
|7/12/2016||Anne T. Schumann||VP||Sell||903||$120.00||$108,360.00|| |
|5/4/2016||J Kevin Willis||CFO||Sell||1,183||$110.99||$131,301.17|| |
|4/21/2016||Anne T Schumann||VP||Sell||195||$115.00||$22,425.00|| |
|4/13/2016||Anne T Schumann||VP||Sell||172||$112.00||$19,264.00|| |
|4/1/2016||Peter Ganz||SVP||Sell||3,000||$109.30||$327,900.00|| |
|11/24/2015||J Kevin Willis||CFO||Sell||1,173||$111.38||$130,648.74|| |
|11/13/2015||George A. Schaefer, Jr.||Director||Sell||2,937||$108.85||$319,692.45|| |
|9/23/2015||Theodore L. Harris||SVP||Sell||11,277||$108.77||$1,226,599.29|| |
|7/14/2015||Peter Ganz||SVP||Sell||1,200||$119.60||$143,520.00|| |
|5/11/2015||Luis M Fernandez-Moreno||SVP||Sell||1,300||$132.00||$171,600.00|| |
|4/13/2015||Theodore L Harris||SVP||Sell||5,000||$130.08||$650,400.00|| |
|4/8/2015||Theodore L Harris||SVP||Sell||16,793||$128.31||$2,154,709.83|| |
|4/7/2015||William J Heitman||Insider||Sell||1,974||$128.65||$253,955.10|| |
|3/25/2015||Luis M Fernandez-Moreno||SVP||Sell||3,868||$127.52||$493,247.36|| |
|1/12/2015||Anne T Schumann||VP||Sell||1,314||$120.03||$157,719.42|| |
|1/8/2015||Walter H Solomon||VP||Sell||6,344||$119.00||$754,936.00|| |
|1/6/2015||William J Heitman||Insider||Sell||1,424||$117.66||$167,547.84|| |
|1/5/2015||J Kevin Willis||CFO||Sell||6,940||$117.51||$815,519.40|| |
|1/5/2015||Susan B Esler||VP||Sell||2,485||$118.50||$294,472.50|| |
|12/30/2014||Theodore L Harris||SVP||Sell||4,519||$120.27||$543,500.13|| |
|12/3/2014||J Kevin Willis||CFO||Sell||1,587||$116.94||$185,583.78|| |
|9/11/2014||Walter H Solomon||VP||Sell||2,866||$107.98||$309,470.68|| |
|9/4/2014||Susan B Esler||VP||Sell||5,255||$108.42||$569,747.10|| |
|9/2/2014||Michael J Ward||Director||Sell||12,912||$107.64||$1,389,847.68|| |
|7/7/2014||James J /Ky Obrien||CEO||Sell||160,933||$108.14||$17,403,294.62|| |
|5/9/2014||J Kevin Willis||CFO||Sell||2,377||$103.79||$246,708.83|| |
|5/8/2014||Anne Schumann||VP||Sell||1,532||$101.55||$155,574.60|| |
|5/8/2014||Samuel Mitchell||SVP||Sell||12,470||$101.55||$1,266,328.50|| |
|5/8/2014||William Heitman||Insider||Sell||6,730||$101.55||$683,431.50|| |
|5/7/2014||Walter Solomon||VP||Sell||3,117||$102.76||$320,302.92|| |
|4/1/2014||Theodore Harris||SVP||Sell||1,495||$99.83||$149,245.85|| |
|3/27/2014||Theodore Harris||SVP||Sell||1,329||$97.46||$129,524.34|| |
|3/24/2014||Theodore Harris||SVP||Sell||5,767||$97.91||$564,646.97|| |
|3/5/2014||George Schaefer, Jr.||Director||Sell||9,975||$94.49||$942,537.75|| |
|2/25/2014||John Panichella||SVP||Sell||19,945||$94.27||$1,880,215.15|| |
|1/10/2014||Susan Esler||VP||Sell||1,583||$99.04||$156,780.32|| |
|1/6/2014||Susan Esler||VP||Sell||2,413||$97.27||$234,712.51|| |
|1/2/2014||Peter Ganz||SVP||Sell||2,641||$96.55||$254,988.55|| |
|12/9/2013||J Kevin Willis||CFO||Sell||1,012||$95.00||$96,140.00|| |
|8/19/2013||James /Ky Obrien||CEO||Sell||87,712||$86.61||$7,596,736.32|| |
|8/19/2013||Susan Esler||VP||Sell||3,588||$87.24||$313,017.12|| |
|7/16/2013||Samuel J Mitchell||SVP||Sell||7,212||$84.92||$612,443.04|| |
|12/4/2012||John E Panichella||SVP||Sell||15,900||$73.05||$1,161,495.00|| |
Headline Trends for Ashland Global Holdings (NYSE:ASH)
Latest Headlines for Ashland Global Holdings (NYSE:ASH)
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Ashland Global Holdings (ASH) Chart for Monday, October, 23, 2017