Ashland Global Holdings Inc. (ASH): Price and Financial Metrics
ASH Price/Volume Stats
| Current price | $84.88 | 52-week high | $114.36 |
| Prev. close | $86.55 | 52-week low | $84.85 |
| Day low | $84.85 | Volume | 374,700 |
| Day high | $85.99 | Avg. volume | 444,931 |
| 50-day MA | $96.42 | Dividend yield | 1.54% |
| 200-day MA | $102.22 | Market Cap | 4.61B |
ASH Stock Price Chart Interactive Chart >
ASH POWR Grades
- Quality is the dimension where ASH ranks best; there it ranks ahead of 79.46% of US stocks.
- The strongest trend for ASH is in Quality, which has been heading down over the past 179 days.
- ASH ranks lowest in Momentum; there it ranks in the 19th percentile.
ASH Stock Summary
- ASHLAND INC's stock had its IPO on January 1, 1986, making it an older stock than 93.61% of US equities in our set.
- Over the past twelve months, ASH has reported earnings growth of -68.14%, putting it ahead of merely 20.47% of US stocks in our set.
- In terms of volatility of its share price, ASH is more volatile than merely 8.82% of stocks we're observing.
- Stocks with similar financial metrics, market capitalization, and price volatility to ASHLAND INC are MTX, NGVT, MTRN, TTMI, and PRGO.
- Visit ASH's SEC page to see the company's official filings. To visit the company's web site, go to www.ashland.com.
ASH Valuation Summary
- In comparison to the median Basic Materials stock, ASH's price/earnings ratio is 66.67% higher, now standing at 21.5.
- ASH's price/earnings ratio has moved up 137.9 over the prior 243 months.
Below are key valuation metrics over time for ASH.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ASH | 2023-05-17 | 2.0 | 1.5 | 21.5 | 17.7 |
| ASH | 2023-05-16 | 2.0 | 1.5 | 21.4 | 17.6 |
| ASH | 2023-05-15 | 2.0 | 1.5 | 21.7 | 17.8 |
| ASH | 2023-05-12 | 2.0 | 1.5 | 21.3 | 17.6 |
| ASH | 2023-05-11 | 1.9 | 1.4 | 20.6 | 17.1 |
| ASH | 2023-05-10 | 1.9 | 1.4 | 20.8 | 17.2 |
ASH Growth Metrics
- The 4 year net income to common stockholders growth rate now stands at 35.96%.
- The 5 year price growth rate now stands at -52.63%.
- Its year over year price growth rate is now at 24.26%.
The table below shows ASH's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 2,405 | -282 | 919 |
| 2022-09-30 | 2,391 | -213 | 927 |
| 2022-06-30 | 2,085 | -127 | 914 |
| 2022-03-31 | 2,078 | 341 | 958 |
| 2021-12-31 | 2,072 | 474 | 213 |
| 2021-09-30 | 2,111 | 560 | 220 |
ASH's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ASH has a Quality Grade of C, ranking ahead of 66.59% of graded US stocks.
- ASH's asset turnover comes in at 0.354 -- ranking 99th of 105 Wholesale stocks.
- KAMN, NHTC, and VRTV are the stocks whose asset turnover ratios are most correlated with ASH.
The table below shows ASH's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.354 | 0.304 | 0.064 |
| 2021-03-31 | 0.342 | 0.311 | 0.062 |
| 2020-12-31 | 0.340 | 0.312 | -0.072 |
| 2020-09-30 | 0.330 | 0.304 | -0.081 |
| 2020-06-30 | 0.326 | 0.325 | -0.013 |
| 2020-03-31 | 0.325 | 0.321 | -0.006 |
ASH Price Target
For more insight on analysts targets of ASH, see our ASH price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $104.50 | Average Broker Recommendation | 1.45 (Moderate Buy) |
Ashland Global Holdings Inc. (ASH) Company Bio
Ashland Global Holdings Inc. provides specialty chemical solutions to customers in a wide range of consumer and industrial markets, including architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. The company was founded in 1924 and is based in Covington, Kentucky.
Latest ASH News From Around the Web
Below are the latest news stories about ASHLAND INC that investors may wish to consider to help them evaluate ASH as an investment opportunity.
Ashland (ASH) Raises Dividend, Announces Share Buyback PlanAshland's (ASH) goal is to have an annual dividend payout ratio of about 30% of adjusted income from continuing operations. |
Ashland's (NYSE:ASH) Shareholders Will Receive A Bigger Dividend Than Last YearAshland Inc. ( NYSE:ASH ) will increase its dividend on the 15th of June to $0.385, which is 15% higher than last... |
Ashland announces 15 percent increase in quarterly dividend, new dividend policy and $100 million share repurchase programWILMINGTON, 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 representing a 15 percent increase from the previous quarter. The dividend is payable on June 15, 2023, to stockholders of record at the close of business on June 1, 2023. As of April 30, 2023, there were 52,353,681 shares of Ashland common stock outstanding. “Ashland recognizes that our shareholders v |
Ashland's (ASH) Earnings and Revenues Lag Estimates in Q2Demand weakness in personal care and specialty additives and customer inventory destocking hurt Ashland's (ASH) Q2 results. |
Ashland reports financial results1 for second quarter of fiscal year 2023 and updates fiscal year 2023 financial outlook; announces completion of $200 million share repurchaseSales of $603 million consistent with the prior-year quarterNet income (including discontinued operations) of $91 million, or $1.67 per diluted shareIncome from continuing operations of $92 million, or $1.68 per diluted shareAdjusted income from continuing operations excluding intangibles amortization expense of $78 million, or $1.43 per diluted shareAdjusted EBITDA of $145 millionCash flows provided by operating activities of $56 million; ongoing free cash flow2 of $37 million WILMINGTON, Del., |
ASH Price Returns
| 1-mo | -15.22% |
| 3-mo | -16.97% |
| 6-mo | -24.69% |
| 1-year | -19.57% |
| 3-year | 31.58% |
| 5-year | 16.26% |
| YTD | -20.45% |
| 2022 | 1.14% |
| 2021 | 37.67% |
| 2020 | 5.05% |
| 2019 | 9.42% |
| 2018 | 0.90% |
ASH Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching ASH
Here are a few links from around the web to help you further your research on Ashland Global Holdings Inc's stock as an investment opportunity:Ashland Global Holdings Inc (ASH) Stock Price | Nasdaq
Ashland Global Holdings Inc (ASH) Stock Quote, History and News - Yahoo Finance
Ashland Global Holdings Inc (ASH) Stock Price and Basic Information | MarketWatch
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