Ashland Inc. (ASH)
NYSE: ASH · IEX Real-Time Price · USD
92.28
+0.21 (0.23%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Ashland Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Ashland stock have an average target of 107.86, with a low estimate of 90 and a high estimate of 126. The average target predicts an increase of 16.88% from the current stock price of 92.28.
Analyst Consensus: Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for Ashland stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 5 | 5 | 4 |
| Buy | 1 | 2 | 3 | 2 | 2 | 2 |
| Hold | 3 | 3 | 2 | 2 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 10 | 10 | 10 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Maintains $97 → $105 | Hold | Maintains | $97 → $105 | +13.78% | May 7, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $88 → $90 | Sell | Maintains | $88 → $90 | -2.47% | May 2, 2024 |
| UBS | UBS | Strong Buy Maintains $114 → $116 | Strong Buy | Maintains | $114 → $116 | +25.70% | May 1, 2024 |
| Mizuho | Mizuho | Strong Buy Maintains $101 → $110 | Strong Buy | Maintains | $101 → $110 | +19.20% | May 1, 2024 |
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $100 → $112 | Hold → Buy | Upgrades | $100 → $112 | +21.37% | Apr 11, 2024 |
Financial Forecast
Revenue This Year
2.21B
from 2.19B
Increased by 0.82%
Revenue Next Year
2.30B
from 2.21B
Increased by 4.21%
EPS This Year
4.63
from 3.31
Increased by 39.75%
EPS Next Year
5.76
from 4.63
Increased by 24.51%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3B | 2.5B | 2.6B |
| Avg | 2.2B | 2.3B | 2.4B |
| Low | 2.1B | 2.1B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.6% | 12.4% | 13.0% |
| Avg | 0.8% | 4.2% | 5.3% |
| Low | -3.3% | -3.9% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.23 | 6.77 | 7.92 |
| Avg | 4.63 | 5.76 | 6.98 |
| Low | 4.05 | 4.76 | 5.54 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 58.0% | 46.4% | 37.5% |
| Avg | 39.8% | 24.5% | 21.2% |
| Low | 22.3% | 3.0% | -3.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.