Ashland Global Holdings Stock Today
| ASH Stock | USD 79.05 1.41 1.82% |
Performance0 of 100
| Odds Of DistressLess than 5
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Ashland Global is trading at 79.05 as of the 24th of November 2024. This is a 1.82 percent increase since the beginning of the trading day. The stock's open price was 77.64. Ashland Global has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Ashland Global Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 6th of April 1983 | Category Basic Materials |
Ashland Inc. provides additives and specialty ingredients worldwide. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware. Ashland operates under Specialty Chemicals classification in the United States and is traded on New York Stock Exchange. The company has 47.11 M outstanding shares of which 1.02 M shares are presently shorted by investors with about 3.23 days to cover. More on Ashland Global Holdings
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Ashland Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Guillermo Novo | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Ashley House plc, Laura Ashley Holdings plc, Laura Ashley Holdings plc, Laura Ashley Holdings plc] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Specialty Chemicals, Basic Materials, NYSE Composite, SP Midcap 400, Wholesale, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal Testing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAshland Global can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ashland Global's financial leverage. It provides some insight into what part of Ashland Global's total assets is financed by creditors.
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Ashland Global Holdings (ASH) is traded on New York Stock Exchange in USA. It is located in 8145 Blazer Drive, Wilmington, DE, United States, 19808 and employs 3,200 people. Ashland Global is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.72 B. Ashland Global Holdings runs under Chemicals sector within Materials industry. The entity has 47.11 M outstanding shares of which 1.02 M shares are presently shorted by investors with about 3.23 days to cover.
Ashland Global Holdings has about 417 M in cash with 462 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.93.
Check Ashland Global Probability Of Bankruptcy
Ownership AllocationAshland Global holds a total of 47.11 Million outstanding shares. The majority of Ashland Global Holdings outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ashland Global Holdings to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ashland Global. Please pay attention to any change in the institutional holdings of Ashland Global Holdings as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ashland Ownership Details
Ashland Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Cooperman Leon G | 2024-09-30 | 1.1 M | |
| Geode Capital Management, Llc | 2024-09-30 | 827.6 K | |
| 1832 Asset Management L.p | 2024-09-30 | 781.7 K | |
| Deprince Race & Zollo Inc | 2024-09-30 | 763.5 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 748.7 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 676.3 K | |
| Newport Trust Co. | 2024-09-30 | 552.2 K | |
| Bank Of New York Mellon Corp | 2024-06-30 | 547.9 K | |
| Hhg Plc | 2024-06-30 | 543.5 K | |
| Vanguard Group Inc | 2024-09-30 | 4.9 M | |
| Blackrock Inc | 2024-06-30 | 4.5 M |
Ashland Global Historical Income Statement
Ashland Stock Against Markets
Ashland Global Corporate Directors
| William Dempsey | Independent Director | Profile | |
| Susan Main | Independent Director | Profile | |
| Seth Mrozek | Director - Investor Relations | Profile | |
| Janice Teal | Independent Director | Profile |
Already Invested in Ashland Global Holdings?
The danger of trading Ashland Global Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ashland Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ashland Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ashland Global Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.58 | Earnings Share 3.95 | Revenue Per Share 42.26 | Quarterly Revenue Growth 0.01 |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ashland Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.