Ashland Inc. (ASH)

NYSE: ASH · IEX Real-Time Price · USD
79.22
+0.97 (1.24%)
Nov 29, 2023, 9:51 AM EST - Market open
1.24%
Market Cap 4.06B
Revenue (ttm) 2.19B
Net Income (ttm) 178.00M
Shares Out 51.26M
EPS (ttm) 3.31
PE Ratio 23.64
Forward PE 17.16
Dividend $1.54 (1.94%)
Ex-Dividend Date Nov 30, 2023
Volume 10,828
Open 78.63
Previous Close 78.25
Day's Range 78.57 - 79.25
52-Week Range 70.82 - 114.36
Beta 0.97
Analysts Buy
Price Target 100.11 (+26.37%)
Earnings Date Nov 8, 2023

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]

Sector Materials
Founded 1924
Employees 3,800
Stock Exchange NYSE
Ticker Symbol ASH
Full Company Profile

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 Statements

Analyst Forecast

According to 10 analysts, the average rating for ASH stock is "Buy." The 12-month stock price forecast is $100.11, which is an increase of 26.37% from the latest price.

Price Target
$100.11
(26.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

14 days ago - GlobeNewsWire

Ashland board authorizes quarterly dividend

WILMINGTON, Del., Nov. 13, 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. T...

15 days ago - GlobeNewsWire

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...

20 days ago - GlobeNewsWire

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'...

27 days ago - GlobeNewsWire

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...

Other symbols: ABMSJMCUBELHX
2 months ago - Benzinga

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...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

The 9 Best Materials Stocks to Buy Now

The short-term outlook for materials stocks is low, but these nine names could be diamonds in the rough.

Other symbols: AVNTAVYCTVALINMLMMPOI
8 months ago - Kiplinger

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...

10 months ago - GlobeNewsWire

Ashland provides update on fiscal 2023 first-quarter earnings and maintains its financial outlook for fiscal year 2023; sets date for fiscal 2023 first-quarter earnings release

WILMINGTON, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today provided an update for preliminary fiscal 2023 first-quarter financial results1 and maintained its outlook for fiscal...

11 months ago - GlobeNewsWire

METAFORA partner Wugen to Present Data Supporting Clinical Development of WU-NK-101 for Relapsed / Refractory AML at the American Society of Hematology's (ASH) 64th Annual Meeting

PARIS, France & NEW ORLEANS, La.--(BUSINESS WIRE)--METAFORA biosystems announces that its partner Wugen presented data supporting clinical development of WU-NK-101 yesterday for relapsed / refractor...

1 year ago - Business Wire

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.

1 year 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 includ...

1 year 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 S...

1 year 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-...

1 year 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 ...

1 year ago - GlobeNewsWire