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ASH

ASH - Ashland Global Holdings Inc Stock Price, Fair Value and News

97.77USD-0.25 (-0.26%)Delayed as of 08 May 2024, 01:55 pm ET

Market Summary

ASH
USD97.77-0.25
Delayedas of 08 May 2024, 01:55 pm
-0.26%

ASH Stock Price

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ASH RSI Chart

ASH Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

25.52

Price/Sales (Trailing)

2.33

EV/EBITDA

18.39

Price/Free Cashflow

14.45

ASH Price/Sales (Trailing)

ASH Profitability

Operating Margin

26.76%

EBT Margin

1.92%

Return on Equity

6.14%

Return on Assets

3.24%

Free Cashflow Yield

6.92%

ASH Fundamentals

ASH Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-4.64%

Rev. Growth (Qtr)

21.56%

ASH Earnings

Earnings (TTM)

192.5M

Earnings Growth (Yr)

31.87%

Earnings Growth (Qtr)

361.54%

Breaking Down ASH Revenue

52 Week Range

78.7397.91
(Low)(High)

Last 7 days

2.8%

Last 30 days

3.4%

Last 90 days

8.1%

Trailing 12 Months

9.6%

How does ASH drawdown profile look like?

ASH Financial Health

Current Ratio

3.15

Debt/Equity

0.42

Debt/Cashflow

0.39

ASH Investor Care

Dividend Yield

79.34%

Dividend/Share (TTM)

77.77

Buy Backs (1Y)

5.06%

Diluted EPS (TTM)

3.81

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.1B000
20232.4B2.3B2.2B2.1B
20222.3B2.4B2.4B2.4B
20211.9B1.8B2.1B2.2B
20202.0B2.0B2.0B2.0B
20192.6B2.6B2.1B2.1B
20182.4B2.5B2.6B2.6B
20173.1B3.1B2.3B2.4B
20164.7B4.3B4.0B3.5B
2015005.4B5.0B
2014006.1B0
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Tracking the Latest Insider Buys and Sells of Ashland Global Holdings Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 16, 2024
lampkin robin e.
sold
-78,103
92.54
-844
svp, gen counsel and secrty.
Jan 02, 2024
chong min
sold (taxes)
-173,845
83.7
-2,077
svp, gen. mgr.
Jan 02, 2024
chong min
acquired
577,530
83.7
6,900
svp, gen. mgr.
Jan 02, 2024
chong min
sold (taxes)
-155,096
83.7
-1,853
svp, gen. mgr.
Dec 07, 2023
boni eric n
sold
-69,446
82.38
-843
principal accounting officer
Dec 06, 2023
boni eric n
acquired
40,152
47.63
843
principal accounting officer
Nov 28, 2023
musa osama m
acquired
133,792
47.36
2,825
sr. vice president
Nov 28, 2023
musa osama m
sold (taxes)
-99,642
47.63
-2,092
sr. vice president
Nov 18, 2023
willis j kevin
acquired
161,652
78.32
2,064
sr. vp & cfo
Nov 18, 2023
drury eileen
sold (taxes)
-20,911
78.32
-267
sr vp, human resources

1–10 of 50

Which funds bought or sold ASH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Leisure Capital Management
reduced
-0.65
130,012
1,012,060
0.51%
May 06, 2024
HighTower Advisors, LLC
added
19.24
218,000
796,000
-%
May 06, 2024
SG Americas Securities, LLC
sold off
-100
-353,000
-
-%
May 06, 2024
Diligent Investors, LLC
reduced
-4.89
25,265
282,158
0.07%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
new
-
364,456
364,456
-%
May 06, 2024
NewEdge Wealth, LLC
added
11.22
7,016,330
33,624,900
0.75%
May 06, 2024
AMG National Trust Bank
unchanged
-
141,505
1,055,000
0.03%
May 06, 2024
DUALITY ADVISERS, LP
added
79.35
582,011
1,125,300
0.11%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-29.36
-166,000
735,000
-%
May 06, 2024
Canoe Financial LP
unchanged
-
-
506,113
0.01%

1–10 of 49

Are Funds Buying or Selling ASH?

Are funds buying ASH calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ASH
No. of Funds

Unveiling Ashland Global Holdings Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 25, 2024
eminence capital, lp
6.4%
3,212,068
SC 13D/A
Feb 13, 2024
vanguard group inc
9.70%
4,969,854
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
5.2%
2,658,442
SC 13G
Jan 25, 2024
blackrock inc.
8.7%
4,438,254
SC 13G/A
Feb 09, 2023
vanguard group inc
9.52%
5,167,846
SC 13G/A
Feb 03, 2023
blackrock inc.
8.4%
4,531,455
SC 13G/A
Jan 30, 2023
franklin mutual advisers llc
3.1%
1,683,651
SC 13G/A
Jun 14, 2022
eminence capital, lp
7.5%
4,083,978
SC 13D/A
Feb 09, 2022
vanguard group inc
9.26%
5,271,092
SC 13G/A
Feb 03, 2022
blackrock inc.
8.1%
4,632,459
SC 13G/A

Recent SEC filings of Ashland Global Holdings Inc

View All Filings
Date Filed Form Type Document
May 07, 2024
144
Notice of Insider Sale Intent
May 01, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 30, 2024
8-K
Current Report
Apr 25, 2024
SC 13D/A
13D - Major Acquisition
Apr 17, 2024
3
Insider Trading
Apr 17, 2024
4
Insider Trading
Apr 15, 2024
8-K
Current Report
Apr 01, 2024
4
Insider Trading
Apr 01, 2024
4
Insider Trading

Ashland Global Holdings Inc News

Latest updates
Yahoo Finance • 5 hours ago
Yahoo New Zealand News • 13 hours ago
Yahoo New Zealand News • 06 May 2024 • 02:56 pm
Yahoo News UK • 04 May 2024 • 01:05 pm
Defense World • 04 May 2024 • 06:52 am
The Motley Fool • 3 months ago
Cosmetics & Toiletries • 21 months ago

Ashland Global Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue21.6%575473517546603525632644604512591543509468299574610533264641667
Cost Of Revenue10.4%414375389368406360422404384351401370349321246378413380170434469
Gross Profit64.3%16198.0012817819716521024022016119017316014753.0019619715394.00207198
  S&GA Expenses27.7%10683.0010984.0079.0093.0094.0012790.0082.0085.0093.0079.0010185.0011310399.0051.00128115
  R&D Expenses16.7%14.0012.0014.0012.0012.0013.0015.0014.0013.0013.0013.0013.0011.0013.008.0014.0018.0016.007.0017.0017.00
EBITDA Margin-15.8%0.15*0.18*0.18*0.21*0.17*0.14*0.13*0.12*0.15*0.14*0.15*0.14*0.15*-0.21*-0.23*-0.23*-0.25*0.12*0.08*--
Interest Expenses-108.3%-2.0024.00-27.00-3.0010.0014.00-41.50-59.00-43.00-5.00-38.50-1.00-23.007.00-6.0014.00-117-10.00-26.00-21.003.00
Income Taxes-333.3%-104-24.00-29.5015.00-1.008.00-0.501.0020.005.00-2.50-26.00-5.00-5.00-0.5012.00-10.00-24.006.00-1.001.00
Earnings Before Taxes325.0%17.004.00-37.5057.0091.0050.0060.0052.0058.0037.0031.0046.0020.0038.00-64.5062.00-58510.00-30.0022.0046.00
EBT Margin-64.2%0.02*0.05*0.07*0.11*0.11*0.09*0.09*0.08*0.08*0.06*0.06*0.02*0.03*-0.28*-0.29*-0.27*-0.28*0.02*0.00*--
Net Income361.5%12026.00-3.5050.0091.0040.0057.0036.0078648.0044.0080.0041.0056.005.0037.00-58232.0041166.0076.00
Net Income Margin19.3%0.09*0.08*0.08*0.10*0.09*0.38*0.39*0.39*0.43*0.10*0.10*0.10*0.08*-0.25*-0.25*-0.05*-0.04*0.28*0.24*--
Free Cashflow-87.9%20.0016562.0093.0021.00-52.00133-47.00-5.00-1.0012117316.0051.0035.0011210.00-63.003.00--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.4%5,9485,8665,9396,0296,1836,2596,2136,4126,7806,5496,6126,7666,6646,7426,8776,9866,9687,3267,2517,9257,998
  Current Assets4.5%1,4271,3651,5061,5261,6311,7241,7681,8172,0251,7341,7171,2351,4181,3811,5471,6701,6451,3441,4332,0372,087
    Cash Equivalents-0.2%439440417349399532646629964194210262373335454416353157232132164
  Inventory-6.5%550588626712730724629609573530473517512537506617611633597595599
  Net PPE-2.0%1,3401,3671,3731,3541,3511,3461,3381,3521,3801,4011,4271,5241,5321,5621,4851,5541,5641,5751,5771,5801,587
  Goodwill-1.2%1,3791,3961,3621,3831,3851,3691,3121,3561,4041,4111,4301,9011,7601,7921,3051,7341,7232,2741,8002,2852,279
  Current Liabilities9.4%4534144564324724645535508109089346025695858139379726887571,007920
  Short Term Borrowings---16.00------37636595.0085.0093.00280446471179166332261
  Long Term Debt-1.0%1,3281,3411,3141,3281,3281,3161,2701,3021,3361,5801,5961,5781,5711,6011,5731,5471,5351,5021,5012,2752,275
    LT Debt, Current----------13.009.006.003.00--------
    LT Debt, Non Current-100.0%-1,3411,3141,3281,3281,3161,2701,3021,3361,5801,5961,5781,5711,6011,5731,5471,5351,5021,5012,2752,275
Shareholder's Equity2.7%3,1343,0533,0973,1493,2673,3183,2203,2663,3812,7632,7523,2023,1143,1223,0363,0132,9833,6253,5713,2173,362
  Retained Earnings---3,595---3,653---2,796---2,649---3,224--
  Additional Paid-In Capital---4.00---135---327---769---756--
Accumulated Depreciation2.6%1,9591,9101,8381,8371,8131,7701,7121,7131,7011,6691,6391,8191,7751,7481,5171,6491,6081,5801,5881,6161,580
Shares Outstanding0.1%50.0050.00-51.0053.0054.00-54.0055.0057.00-61.0061.0061.0061.0060.0060.0060.0060.0061.0063.00
Float-----5,400---5,367---5,389---2,855---4,881
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-73.1%54,000201,000131,000136,00056,000-29,000179,000-17,00017,00014,000152,000194,00039,00081,00074,000140,00047,000-34,00047,00087,00015,000
  Share Based Compensation500.0%6,0001,0005,0005,0005,0007,0004,0005,0005,0004,0003,0004,0004,0004,0003,0003,0004,0004,0004,0004,0006,000
Cashflow From Investing11.5%-23,000-26,000-52,000-12,000-18,000-27,000-42,000-18,000-35,000-7,000-27,000-322,000-14,000-4,000-20,000-16,000-29,000-20,000-35,000-27,000-25,000
Cashflow From Financing85.6%-20,000-139,000-5,000-178,000-161,000-27,000-20,000-66,000-799,000-11,000-183,000-10,000-26,000-207,000-183,000-42,000241,000-7,000-966,000-147,00014,000
  Dividend Payments-100.0%-20,00020,00020,00018,00018,00018,00018,00017,00017,00018,00019,00016,00017,00016,00017,00017,00016,00016,00017,00015,000
  Buy Backs-100.0%-100,000-158,000142,000--45,000-------------
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ASH Income Statement

2024-03-31
STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($)
$ in Millions
3 Months Ended6 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Statement of Comprehensive Income [Abstract]    
Sales$ 575$ 603$ 1,048$ 1,128
Cost of sales414406789766
Gross profit161197259362
Selling, general and administrative expense10679189172
Research and development expense14122625
Intangibles amortization expense - Note F20234046
Equity and other income0021
Loss on acquisitions and divestitures, net00(2)0
Operating income21834120
Net interest and other expense (income)2(10)(21)(24)
Other net periodic benefit loss - Note J2243
Income from continuing operations before income taxes179121141
Income tax expense (benefit) - Note I(104)(1)(128)7
Income from continuing operations12192149134
Loss from discontinued operations, net of income taxes - Note B(1)(1)(2)(2)
Net income$ 120$ 91$ 147$ 132
Basic earnings per share - Note L    
Income from continuing operations$ 2.43$ 1.71$ 2.95$ 2.47
Loss from discontinued operations(0.01)(0.01)(0.04)(0.04)
Net income2.421.72.912.43
Diluted earnings per share - Note L    
Income from continuing operations2.41.682.922.43
Loss from discontinued operations(0.01)(0.01)(0.04)(0.04)
Net income$ 2.39$ 1.67$ 2.88$ 2.39
COMPREHENSIVE INCOME    
Net income$ 120$ 91$ 147$ 132
Other comprehensive income (loss), net of tax    
Unrealized translation gain (loss)(27)2727109
Unrealized gain (loss) on commodity hedges1(3)0(7)
Other comprehensive income (loss) - Note M(26)2427102
Comprehensive income$ 94$ 115$ 174$ 234

ASH Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Sep. 30, 2023
Current assets  
Cash and cash equivalents$ 439$ 417
Accounts receivable - Note G[1]260338
Inventories - Note E550626
Other assets178125
Total current assets1,4271,506
Property, plant and equipment  
Cost3,2993,211
Accumulated depreciation1,9591,838
Net property, plant and equipment1,3401,373
Goodwill - Note F1,3791,362
Intangibles - Note F851886
Operating lease assets, net - Note H117122
Restricted investments - Note D306290
Asbestos insurance receivable - Note K[2]121127
Deferred income taxes15022
Other assets257251
Total noncurrent assets4,5214,433
Total assets5,9485,939
Current liabilities  
Short-term debt - Note G016
Trade and other payables207210
Accrued expenses and other liabilities225208
Current operating lease obligations - Note H2122
Total current liabilities453456
Noncurrent liabilities  
Long-term debt - Note G1,3281,314
Asbestos litigation reserve - Note K399427
Deferred income taxes148148
Employee benefit obligations - Note J97100
Operating lease obligations - Note H101106
Other liabilities288291
Total noncurrent liabilities2,3612,386
Commitments and contingencies - Note K
Stockholders' equity - Note M3,1343,097
Total liabilities and stockholders' equity$ 5,948$ 5,939
[1]Accounts receivable includes an allowance for credit losses of $3 million at both March 31, 2024 and September 30, 2023.
[2]Asbestos insurance receivable includes an allowance for credit losses of $2 million at both March 31, 2024 and September 30, 2023.
ASH
Ashland Inc. provides additives and specialty ingredients worldwide. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions. The Personal Care segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.
 CEO
 WEBSITEashland.com
 INDUSTRYChemicals
 EMPLOYEES3900

Ashland Global Holdings Inc Frequently Asked Questions


What is the ticker symbol for Ashland Global Holdings Inc? What does ASH stand for in stocks?

ASH is the stock ticker symbol of Ashland Global Holdings Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ashland Global Holdings Inc (ASH)?

As of Tue May 07 2024, market cap of Ashland Global Holdings Inc is 4.91 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ASH stock?

You can check ASH's fair value in chart for subscribers.

What is the fair value of ASH stock?

You can check ASH's fair value in chart for subscribers. The fair value of Ashland Global Holdings Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ashland Global Holdings Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ASH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ashland Global Holdings Inc a good stock to buy?

The fair value guage provides a quick view whether ASH is over valued or under valued. Whether Ashland Global Holdings Inc is cheap or expensive depends on the assumptions which impact Ashland Global Holdings Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ASH.

What is Ashland Global Holdings Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, ASH's PE ratio (Price to Earnings) is 25.52 and Price to Sales (PS) ratio is 2.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ASH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ashland Global Holdings Inc's stock?

In the past 10 years, Ashland Global Holdings Inc has provided 0.079 (multiply by 100 for percentage) rate of return.