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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.