Ashland Global Holdings Inc

Ashland Global Holdings Inc Stock Forecast & Price Prediction

Live Ashland Global Holdings Inc Stock (ASH) Price
$78.06

11

Ratings

  • Buy 8
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$78.06

P/E Ratio

19.76

Volume Traded Today

$117,100

Dividend

$0.405

52 Week High/low

102.50/75.04

Ashland Global Holdings Inc Market Cap

$3.69B

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ASH Summary

From what 11 stock analysts predict, the share price for Ashland Global Holdings Inc (ASH) might increase by 22.6% in the next year. This is based on a 12-month average estimation for ASH. Price targets go from $83 to $105. The majority of stock analysts believe ASH is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

ASH Analyst Ratings

Ashland Global Holdings Inc has a total of 11 Wall St Analyst ratings. There are 8 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Ashland Global Holdings Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

ASH stock forecast by analyst

These are the latest 20 analyst ratings of ASH.

Analyst/Firm

Rating

Price Target

Change

Date

John McNulty
BMO Capital

Market Perform

$83

Maintains

Nov 19, 2024
Joshua Spector
UBS

Buy

$107

Maintains

Aug 15, 2024
John McNulty
BMO Capital

Market Perform

$92

Maintains

Aug 9, 2024
Jeffrey Zekauskas
JP Morgan

Neutral

$89

Upgrade

Aug 8, 2024
Michael Sison
Wells Fargo

Overweight

$100

Maintains

Aug 8, 2024
John McNulty
BMO Capital

Market Perform

$105

Maintains

May 7, 2024
Jeffrey Zekauskas
JP Morgan

Underweight

$90

Maintains

May 2, 2024
Joshua Spector
UBS

Buy

$116

Maintains

May 1, 2024
John Roberts
Mizuho

Buy

$110

Maintains

May 1, 2024
Michael Sison
Wells Fargo

Overweight

$112

Upgrade

Apr 11, 2024
Laurence Alexander
Jefferies

Buy

$126

Upgrade

Mar 14, 2024
Chris Parkinson
Wolfe Research

Outperform


Initiates

Mar 1, 2024
Jeffrey Zekauskas
JP Morgan

Underweight

$88

Maintains

Feb 1, 2024
Michael Sison
Wells Fargo

Equal-Weight

$100

Maintains

Feb 1, 2024
John McNulty
BMO Capital

Market Perform

$75

Maintains

Nov 15, 2023
Vincent Anderson
Stifel

Buy

$96

Maintains

Nov 13, 2023
Joshua Spector
UBS

Buy

$103

Maintains

Nov 9, 2023
Vincent Anderson
Stifel

Buy

$110

Maintains

Oct 30, 2023
Joshua Spector
UBS

Buy

$110

Maintains

Oct 10, 2023
Chris Parkinson
Mizuho

Buy

$106

Maintains

Oct 5, 2023

ASH Company Information

What They Do: Provides specialty ingredients and additives globally.

Business Model: The company operates through several segments including Life Sciences, Personal Care, Specialty Additives, and Intermediates, generating revenue by offering a diverse range of specialized products and solutions to various consumer and industrial markets. Its products cater to sectors such as pharmaceuticals, personal care, food and beverage, and construction, ensuring a broad customer base and consistent demand.

Other Information: Founded in 1924 and based in Wilmington, Delaware, the company has a long-standing presence in the additives industry. It rebranded from Ashland Global Holdings Inc. to Ashland Inc. in August 2022, reflecting its focused strategy on specialty ingredients. The company's global reach spans North and Latin America, Europe, and Asia Pacific, positioning it well to capitalize on diverse market opportunities.
ASH
Ashland Global Holdings Inc (ASH)

When did it IPO

1983

Staff Count

3,200

Country

United States

Sector/Industry

Basic Materials/Specialty Chemicals

CEO

Mr. Guillermo Novo

Market Cap

$3.69B

Ashland Global Holdings Inc (ASH) Financial Data

In 2023, ASH generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that ASH's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

N/A

0.00 %
From Previous Year
  • Revenue TTM $2.11B
  • Operating Margin TTM 5.2%
  • Gross profit TTM $618.0M
  • Return on assets TTM 0.7%
  • Return on equity TTM 6.7%
  • Profit Margin 8.0%
  • Book Value Per Share 58.53%
  • Market capitalisation $3.69B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 N/A
  • EPS this year (TTM) $3.95

Ashland Global Holdings Inc (ASH) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - AHEXY, WMS, and ASH have been designated as Zacks Rank #5 (Strong Sell) as of November 26, 2024.

Why It Matters - AHEXY, WMS, and ASH being rated as Strong Sell indicates potential declines in stock value, signaling caution for current and prospective investors.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ashland Inc. (NYSE: ASH) announced a quarterly cash dividend of $0.405 per share, payable on December 15, 2024, to shareholders of record by December 1, 2024.

Why It Matters - Ashland Inc.'s dividend declaration signals financial stability and profitability, potentially enhancing shareholder value and attracting income-focused investors.

News Image

Tue, 12 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - ASH reported increased sales volumes in its Personal Care, Specialty Additives, and Intermediates segments for Q4.

Why It Matters - Higher sales volumes in key segments indicate strong demand and potential revenue growth for ASH, which can positively impact stock performance and investor confidence.

News Image

Sat, 09 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Ashland Inc. (NYSE: ASH) will host its Q4 2024 earnings conference call on November 7, 2024, at 8:00 AM ET, featuring key executives and analysts from major financial institutions.

Why It Matters - The Ashland Inc. earnings call provides insights into financial performance and strategic direction, impacting stock valuation and investor sentiment.

News Image

Fri, 08 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Ashland Inc. will hold a strategy update event for analysts and investors on December 10, 2024, in NYC, discussing priorities and financial goals for fiscal year 2025.

Why It Matters - Ashland Inc.'s upcoming strategy update may reveal insights into its future direction and financial health, affecting stock performance and investor confidence amid market uncertainties.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - Benzinga

Summary - The materials sector has identified oversold stocks, indicating potential buying opportunities for investors seeking undervalued companies.

Why It Matters - Oversold stocks in the materials sector indicate potential price recovery, signaling attractive entry points for value-focused investors seeking growth opportunities.

...

ASH Frequently asked questions

The highest forecasted price for ASH is $105 from at Deutsche Bank.

The lowest forecasted price for ASH is $83 from John McNulty from BMO Capital

The ASH analyst ratings consensus are 8 buy ratings, 3 hold ratings, and 0 sell ratings.