Ashland Inc. (ASH)
| Market Cap | 4.77B |
| Revenue (ttm) | 2.14B |
| Net Income (ttm) | 163.00M |
| Shares Out | 50.10M |
| EPS (ttm) | 3.08 |
| PE Ratio | 30.91 |
| Forward PE | 18.96 |
| Dividend | $1.54 (1.62%) |
| Ex-Dividend Date | Feb 29, 2024 |
| Volume | 240,752 |
| Open | 95.78 |
| Previous Close | 96.03 |
| Day's Range | 94.41 - 96.24 |
| 52-Week Range | 70.82 - 101.94 |
| Beta | 0.92 |
| Analysts | Buy |
| Price Target | 101.00 (+6.09%) |
| Earnings Date | Apr 30, 2024 |
About 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 m... [Read more]
Financial Performance
In 2023, Ashland's revenue was $2.19 billion, a decrease of -8.36% compared to the previous year's $2.39 billion. Earnings were $178.00 million, a decrease of -80.80%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for ASH stock is "Buy." The 12-month stock price forecast is $101.0, which is an increase of 6.09% from the latest price.
News
Ashland sets date for fiscal 2024 second-quarter earnings release and conference call webcast
WILMINGTON, Del., April 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, April 30, 2024. ...
Ashland Board appoints Scott A. Tozier as new director
Tozier is strategic advisor to the CEO, and former executive vice president and chief financial officer of Albemarle Corporation Tozier is strategic advisor to the CEO, and former executive vice presi...
Ashland announces executive organization changes to personal care and specialty additives
WILMINGTON, Del. , April 03, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH), the global additives and specialty ingredients company today announced executive organization changes to its personal ca...
Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024
Sales of $473 million, down 10 percent from the prior-year quarter Net income (including discontinued operations) of $26 million, or $0.51 per diluted share Income from continuing operations of $28 mi...
Ashland board authorizes quarterly dividend
WILMINGTON, Del., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. T...
Ashland sets date for fiscal 2024 first-quarter earnings release and conference call webcast
WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m. ET on Tuesday, January 30, 2024. ...
Ashland announces organization changes to finance and strategy, M&A and portfolio teams
WILMINGTON, Del., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH), the global additives and specialty ingredients company today announced organization changes to its finance and strategy, m...
Ashland announces validation of comprehensive science-based greenhouse gas emissions reductions targets
WILMINGTON, Del., Nov. 30, 2023 (GLOBE NEWSWIRE) -- The Science Based Targets initiative (SBTi) has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland I...
Ashland Board appoints Sanat Chattopadhyay, executive vice president, Merck & Company, as new director effective November 13, 2023
WILMINGTON, Del., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has announced the appointment of Sanat Chattopadhyay, executive vice president of Merck & Company (NYSE: MRK) to its Board ...
Ashland reports financial results1 for fourth-quarter fiscal 2023; issues outlook for first-quarter fiscal 2024
WILMINGTON, Del., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the fourth quarter of fiscal year 2023, which ended September 30, 2023, together wit...
Ashland provides update on fiscal 2023 fourth-quarter and full-year earnings1 and announces upcoming portfolio-optimization actions; sets date for fiscal 2023 fourth-quarter earnings release
WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 fourth-quarter results, full-year sales and Adjusted EBITDA.1 Ashland'...
This Analyst With Over 80% Accuracy Rate Sees Around 9% Upside In Smucker - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks closed lower on Friday, ahead of the Federal Reserve's policy meeting this week. The Dow, meanwhile, settled slightly higher last week, while the S&P 500 and Nasdaq both recorded losses fo...
Ashland changes start time for 2023 Innovation Day
WILMINGTON, Del., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has changed the start time of the company's Innovation Day being held on Tuesday, September 12, 2023. The event will now be...
Ashland announces new general counsel
Robin Lampkin named senior vice president, general counsel and secretary Robin Lampkin named senior vice president, general counsel and secretary
Ashland reports financial results1 for third quarter of fiscal year 2023
Sales of $546 million, down 15 percent compared to the prior-year quarter Net income (including discontinued operations) of $50 million, or $0.94 per diluted share Income from continuing operations of...
Ashland sets date for fiscal 2023 third-quarter earnings release and conference call webcast
WILMINGTON, Del., July 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its fiscal-third quarter earnings release at approximately 5 p.m. ET on Tuesday, July 25, 20...
Ashland provides update on projected fiscal 2023 third-quarter earnings and financial outlook for fiscal year 2023; announces new $1 billion evergreen share repurchase authorization
WILMINGTON, Del., June 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 third-quarter financial results1 and its outlook for fiscal year 2023 ...
Ashland Board appoints Sergio Pedreiro, former chief operating officer, Revlon, as new director effective July 1, 2023
WILMINGTON, Del., June 26, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced the appointment of Sergio Pedreiro, former chief operating officer, Revlon, to its Board of Directors, effe...
Ashland announces 15 percent increase in quarterly dividend, new dividend policy and $100 million share repurchase program
WILMINGTON, Del., May 11, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock rep...
Ashland reports financial results1 for second quarter of fiscal year 2023 and updates fiscal year 2023 financial outlook; announces completion of $200 million share repurchase
WILMINGTON, Del., May 02, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the second quarter of fiscal year 2023, which ended March 31, 2023. The global additi...
Ashland adds James Minicucci as new leader of strategy, mergers and acquisitions and portfolio management
WILMINGTON, Del., May 01, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced James Minicucci will join Ashland's executive team as senior vice president strategy, mergers and acquisitio...
Celebrating Earth Day, Ashland continues support of The Nature Conservancy Plant A Billion Trees forest restoration effort and Nature Lab youth curriculum
Wilmington, Del., April 21, 2023 (GLOBE NEWSWIRE) -- In celebration of Earth Day 2023, Ashland Inc. (NYSE: ASH) announced the company's continued support of The Nature Conservancy (TNC) Plant A Billio...
Ashland sets date for fiscal 2023 second-quarter earnings release and conference call webcast
WILMINGTON, Del., April 20, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, May 2, 2023. The...
Ashland reports financial results1 for first quarter of fiscal year 2023 consistent with previous update
WILMINGTON, Del., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2023, which ended December 31, 2022. The global add...