Ashland Inc. (ASH)
NYSE: ASH · IEX Real-Time Price · USD
95.49
+1.60 (1.70%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Ashland Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Ashland stock have an average target of 101, with a low estimate of 75 and a high estimate of 126. The average target predicts an increase of 5.77% from the current stock price of 95.49.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ashland stock from 10 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 2 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold → Buy Upgrades $100 → $112 | Hold → Buy | Upgrades | $100 → $112 | +17.29% | Apr 11, 2024 |
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $100 → $126 | Hold → Strong Buy | Upgrades | $100 → $126 | +31.95% | Mar 14, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates n/a | Buy | Initiates | n/a | n/a | Mar 1, 2024 |
| JP Morgan | JP Morgan | Sell Maintains $70 → $88 | Sell | Maintains | $70 → $88 | -7.84% | Feb 1, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $80 → $100 | Hold | Maintains | $80 → $100 | +4.72% | Feb 1, 2024 |
Financial Forecast
Revenue This Year
2.22B
from 2.19B
Increased by 1.14%
Revenue Next Year
2.34B
from 2.22B
Increased by 5.51%
EPS This Year
4.51
from 3.31
Increased by 36.12%
EPS Next Year
5.70
from 4.51
Increased by 26.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.3B | 2.5B | 2.6B |
| Avg | 2.2B | 2.3B | 2.5B |
| Low | 2.1B | 2.2B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.3% | 12.5% | 12.3% |
| Avg | 1.1% | 5.5% | 6.3% |
| Low | -3.6% | -2.7% | -0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.35 | 7.04 | 8.09 |
| Avg | 4.51 | 5.70 | 7.01 |
| Low | 3.57 | 4.41 | 5.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 61.8% | 56.1% | 41.8% |
| Avg | 36.1% | 26.6% | 22.9% |
| Low | 7.8% | -2.1% | -3.8% |
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.