Ashland Inc. (ASH)
(Delayed Data from NYSE)
$96.06 USD
+0.86 (0.90%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $96.10 +0.04 (0.04%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth B Momentum C VGM
Company Summary
Covington, KY-based Ashland Global Holdings Inc. is a leading specialty chemicals company serving a vast range of consumer and industrial markets including automotive, construction, architectural coatings, adhesives, energy, food & beverage and pharmaceutical. The company has a diverse business portfolio with different value propositions, with respect to the markets served. Ashland has a controlling interest in leading consumer-branded lubricant supplier, Valvoline Inc.
Ashland, in August 2019, completed the divestiture of its Composites unit and the butanediol (BDO) manufacturing facility in Marl, Germany, to London-based INEOS Enterprises in a deal worth around $1 billion. ...
Company Summary
Covington, KY-based Ashland Global Holdings Inc. is a leading specialty chemicals company serving a vast range of consumer and industrial markets including automotive, construction, architectural coatings, adhesives, energy, food & beverage and pharmaceutical. The company has a diverse business portfolio with different value propositions, with respect to the markets served. Ashland has a controlling interest in leading consumer-branded lubricant supplier, Valvoline Inc.
Ashland, in August 2019, completed the divestiture of its Composites unit and the butanediol (BDO) manufacturing facility in Marl, Germany, to London-based INEOS Enterprises in a deal worth around $1 billion. The sale of these businesses is in sync with its strategy of having a more streamlined and focused product portfolio that will reduce earnings volatility and improve margins.
The company, in August 2021, announced signing of a definitive agreement to sell the Performance Adhesives business to Arkema for $1.65 billion. It reported the results of this business as discontinued operations in fourth-quarter fiscal 2021. Effective fourth-quarter fiscal 2021, the company restructured its business into four primary reporting segments.
The segments are Life Sciences, Personal Care and Household, Specialty Additives and Intermediates & Solvent.
The Life Sciences business consists of pharmaceuticals, nutrition, nutraceuticals, agricultural chemicals, advanced materials and fine chemicals. The unit accounted for 40% of fiscal 2023 sales.
Personal Care & Household comprises biofunctionals, preservatives, skin care, sun care, oral care, hair care and household. The unit accounted for 27% of fiscal 2023 sales.
The Specialty Additives business consists of rheology and performance-enhancing additives serving the coatings, construction, energy, automotive and a number of industrial markets. The unit accounted for 27% of fiscal 2023 sales.
The Intermediates & Solvents segment comprises the production of 1,4 BDO and related derivatives, including n-methylpyrrolidone that are used as chemical intermediates and specialty process solvents. The unit accounted for 6% of fiscal 2023 sales.
General Information
Ashland Inc
8145 Blazer Drive
Wilmington, DE 19808
Phone: 302-995-3000
Fax: 859-815-5188
Email: investor_relations@ashland.com
Industry | Chemical - Specialty |
Sector | Basic Materials |
Fiscal Year End | September |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 4/30/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 1.19 |
Current Year EPS Consensus Estimate | 4.33 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 4/30/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 95.20 |
52 Week High | 101.94 |
52 Week Low | 70.82 |
Beta | 0.92 |
20 Day Moving Average | 304,569.31 |
Target Price Consensus | 105.91 |
4 Week | -2.23 |
12 Week | 0.78 |
YTD | 12.92 |
4 Week | 1.76 |
12 Week | -2.06 |
YTD | 6.69 |
Shares Outstanding (millions) | 50.10 |
Market Capitalization (millions) | 4,769.04 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 1.62% |
Annual Dividend | $1.54 |
Payout Ratio | 0.44 |
Change in Payout Ratio | 0.10 |
Last Dividend Payout / Amount | 2/29/2024 / $0.38 |
Fundamental Ratios
P/E (F1) | 22.00 |
Trailing 12 Months | 27.05 |
PEG Ratio | NA |
vs. Previous Year | -53.61% |
vs. Previous Quarter | 9.76% |
vs. Previous Year | -9.90% |
vs. Previous Quarter | -8.69% |
Price/Book | 1.56 |
Price/Cash Flow | 10.45 |
Price / Sales | 2.23 |
3/31/24 | NA |
12/31/23 | 5.95 |
9/30/23 | 6.78 |
3/31/24 | NA |
12/31/23 | 3.11 |
9/30/23 | 3.56 |
3/31/24 | NA |
12/31/23 | 3.30 |
9/30/23 | 3.30 |
3/31/24 | NA |
12/31/23 | 1.88 |
9/30/23 | 1.93 |
3/31/24 | NA |
12/31/23 | 8.74 |
9/30/23 | 9.92 |
3/31/24 | NA |
12/31/23 | 7.62 |
9/30/23 | 8.07 |
3/31/24 | NA |
12/31/23 | 5.33 |
9/30/23 | 7.30 |
3/31/24 | NA |
12/31/23 | 60.94 |
9/30/23 | 60.44 |
3/31/24 | NA |
12/31/23 | 2.32 |
9/30/23 | 2.18 |
3/31/24 | NA |
12/31/23 | 0.44 |
9/30/23 | 0.42 |
3/31/24 | NA |
12/31/23 | 30.52 |
9/30/23 | 29.79 |