Ashland Global Holdings, Inc. (ASH)

NYSE: ASH · IEX Real-Time Price · USD
112.63
-0.95 (-0.84%)
Dec 5, 2022 3:50 PM EST - Market open
-0.84%
Market Cap 6.15B
Revenue (ttm) 2.39B
Net Income (ttm) 927.00M
Shares Out 54.14M
EPS (ttm) 3.20
PE Ratio 35.21
Forward PE 17.15
Dividend $1.31 (1.16%)
Ex-Dividend Date Nov 30, 2022
Volume 178,766
Open 112.4
Previous Close 113.58
Day's Range 111.21 - 113.57
52-Week Range 83.29 - 114.36
Beta 1.00
Analysts Buy
Price Target 128.52 (+14.1%)
Earnings Date Nov 8, 2022

About ASH

Ashland Inc. provides additives and specialty ingredients worldwide. 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 ... [Read more]

Industry Chemicals
Founded 1924
CEO Guillermo Novo
Employees 3,900
Stock Exchange NYSE
Ticker Symbol ASH
Full Company Profile

Financial Performance

In 2022, ASH's revenue was $2.39 billion, an increase of 13.26% compared to the previous year's $2.11 billion. Earnings were $927.00 million, an increase of 321.36%.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for ASH stock is "Buy." The 12-month stock price forecast is 128.52, which is an increase of 14.06% from the latest price.

Price Target
$128.52
(14.06% upside)
Analyst Consensus: Buy
Stock Forecasts

News

4 Chemical Specialty Stocks to Escape Industry Challenges

Slowing end-market demand and input cost pressure dampen prospects for the Zacks Chemicals Specialty industry. ASH, LTHM, NGVT and FSI are set to gain from self-help actions.

Other symbols: FSILTHMNGVT
1 week ago - Zacks Investment Research

Ashland board authorizes quarterly dividend

WILMINGTON, Del., Nov. 18, 2022 (GLOBE NEWSWIRE) --  The board of directors of Ashland Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock. Th...

2 weeks ago - GlobeNewsWire

What Makes Ashland (ASH) a Strong Momentum Stock: Buy Now?

Does Ashland (ASH) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 weeks ago - Zacks Investment Research

Ashland's (ASH) Earnings Beat Estimates in Q4, Revenues Lag

Ashland (ASH) gains on disciplined pricing actions, strong demand and better product mix in Q4.

3 weeks ago - Zacks Investment Research

Ashland (ASH) Surpasses Q4 Earnings Estimates

Ashland (ASH) delivered earnings and revenue surprises of 5.04% and 0.80%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Ashland reports financial results(1) for fourth-fiscal quarter; issues outlook for fiscal year 2023

Sales of $631 million, up 7 percent from the prior-year quarter.

3 weeks ago - GlobeNewsWire

Investor's Business Daily names Ashland among 100 Best ESG Companies

WILMINGTON, Del., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has been named among the 100 Best ESG Companies by Investor's Business Daily (IBD). The recognized companies of 2022 include ...

4 weeks ago - GlobeNewsWire

Ashland recognized with Commitment to Life Award by Natura&Co

WILMINGTON, Del., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has been recognized with the Commitment to Life Award in the Human Rights category by Natura&Co for Ashland's Responsible Sol...

1 month ago - GlobeNewsWire

Ashland earns EcoVadis Gold

WILMINGTON, Del., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) has earned EcoVadis Gold underscoring the company's commitment to environment, social and governance (ESG) and a conscious-to...

1 month ago - GlobeNewsWire

Ashland injectable pharmaceutical excipient accepted into FDA Novel Excipient Review Pilot Program

WILMINGTON, Del., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced the United States Food and Drug Administration (FDA) Center for Drug Evaluation and Research Office of New Dr...

1 month ago - GlobeNewsWire

Ashland sets date for fiscal 2022 fourth-quarter earnings release and conference call webcast

WILMINGTON, Del., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced plans to issue its fourth-quarter earnings release at approximately 5 p.m. ET on Monday, November 7, 2022. Th...

1 month ago - GlobeNewsWire

Ashland increases prices up to 15 percent due to inflation-related costs

WILMINGTON, Del., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Effective October 1, 2022, Ashland Inc. (NYSE: ASH) will increase prices up to 15 percent or as contracts allow, to cover continued general inflation...

2 months ago - GlobeNewsWire

Why You Should Add Ashland (ASH) Stock to Your Portfolio

Ashland (ASH) gains on strong demand in its consumer end markets and its pricing actions to counter inflation.

2 months ago - Zacks Investment Research

Ashland announces expansion of Viatel™ bioresorbable polymers manufacturing and R&D capabilities in Mullingar, Ireland

Wilmington, Del., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Ashland has announced a strategically significant expansion of its Viatel™ bioresorbable polymer manufacturing and research and development site at th...

3 months ago - GlobeNewsWire

Ashland (ASH) Shares Up 17% in 6 Months: What's Driving It?

Ashland (ASH) benefits from strong demand in its end markets and its pricing actions to counter inflation.

3 months ago - Zacks Investment Research

Will Ashland (ASH) Gain on Rising Earnings Estimates?

Ashland (ASH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Ashland completes sale of land located in Ajax, Canada to Sunray Group of Hotels Inc, for CAD $12.25 million

Ashland proceeds will fund environmental trust Ashland proceeds will fund environmental trust

3 months ago - GlobeNewsWire

Ashland's (ASH) Earnings and Sales Surpass Estimates in Q3

Ashland's (ASH) Q3 sales were driven by disciplined pricing actions, strong demand and better product mix.

4 months ago - Zacks Investment Research

Ashland (ASH) Tops Q3 Earnings and Revenue Estimates

Ashland (ASH) delivered earnings and revenue surprises of 0.53% and 0.02%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Ashland reports strong financial results1 for third quarter of fiscal year 2022 consistent with previous update

WILMINGTON, Del., July 26, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced financial results1 for the third quarter of fiscal year 2022, which ended June 30, 2022. The ...

4 months ago - GlobeNewsWire

Ashland Global Holdings Inc. changes name to Ashland Inc.

WILMINGTON, Del., July 20, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today announced plans to change its legal name from “Ashland Global Holdings Inc.” to “Ashland Inc.” effectiv...

4 months ago - GlobeNewsWire

Ashland (ASH) Issues Fiscal Q3 Update, Raises FY22 Outlook

Ashland (ASH) projects adjusted earnings from continuing operations for the fiscal third quarter of roughly $104 million or $1.89 per share.

4 months ago - Zacks Investment Research

Ashland (ASH) Earnings Expected to Grow: Should You Buy?

Ashland (ASH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Ashland provides update on fiscal 2022 third-quarter earnings and raises its financial outlook for fiscal year 2022; ...

WILMINGTON, Del., July 18, 2022 (GLOBE NEWSWIRE) -- Ashland Global Holdings Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2022 third-quarter financial results1 and raised its outlook ...

4 months ago - GlobeNewsWire

Can Ashland (ASH) Keep the Earnings Surprise Streak Alive?

Ashland (ASH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research