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

96.50USD+1.30 (+1.37%)Delayed as of 26 Apr 2024, 10:08 am ET

Market Summary

USD96.50+1.30

Delayedas of 26 Apr 2024, 10:08 am

1.37%

ASH Stock Price

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ASH RSI Chart

ASH Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

29.17

Price/Sales (Trailing)

2.23

EV/EBITDA

14.94

Price/Free Cashflow

13.99

ASH Price/Sales (Trailing)

ASH Profitability

Operating Margin

28.10%

EBT Margin

5.35%

Return on Equity

5.36%

Return on Assets

2.79%

Free Cashflow Yield

7.15%

ASH Fundamentals

ASH Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-9.9%

Rev. Growth (Qtr)

-8.51%

ASH Earnings

Earnings (TTM)

163.5M

Earnings Growth (Yr)

-35%

Earnings Growth (Qtr)

842.86%

Breaking Down ASH Revenue

52 Week Range

78.73101.94

(Low)(High)

Last 7 days

-0.3%

Last 30 days

0.0%

Last 90 days

18.3%

Trailing 12 Months

-4.0%

How does ASH drawdown profile look like?

ASH Financial Health

Current Ratio

3.3

Debt/Equity

0.44

Debt/Cashflow

0.39

ASH Investor Care

Dividend Yield

1.53%

Dividend/Share (TTM)

1.44

Buy Backs (1Y)

7.70%

Diluted EPS (TTM)

3.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	2.4B	2.3B	2.2B	2.1B
2022	2.3B	2.4B	2.4B	2.4B
2021	1.9B	1.8B	2.1B	2.2B
2020	2.0B	2.0B	2.0B	2.0B
2019	2.6B	2.6B	2.1B	2.1B
2018	2.4B	2.5B	2.6B	2.6B
2017	3.1B	3.1B	2.3B	2.4B
2016	4.7B	4.3B	4.0B	3.5B
2015	0	0	5.4B	5.0B
2014	0	0	6.1B	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Ashland Global Holdings Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold ASH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC	added	455	8,219	9,737	-%
Apr 24, 2024	LEAVELL INVESTMENT MANAGEMENT, INC.	unchanged	-	85,000	633,000	0.04%
Apr 24, 2024	FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	unchanged	-	-	12,417,300	0.09%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	reduced	-1.64	33,581	280,524	0.01%
Apr 23, 2024	Global Retirement Partners, LLC	reduced	-8.36	3,545	32,035	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	7.05	12,154	63,583	-%
Apr 23, 2024	AMALGAMATED BANK	added	5.18	571,000	3,231,000	0.03%
Apr 23, 2024	Louisiana State Employees Retirement System	unchanged	-	188,064	1,402,130	0.03%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	133,000	993,000	0.04%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	47.97	3,130,360	7,545,830	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
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
Feb 01, 2022	franklin mutual advisers llc	7.1%	4,009,498	SC 13G

Recent SEC filings of Ashland Global Holdings Inc

View All Filings

Date Filed	Form Type	Document
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
Apr 01, 2024	4	Insider Trading
Feb 26, 2024	8-K	Current Report
Feb 20, 2024	4	Insider Trading
Feb 16, 2024	144	Notice of Insider Sale Intent

Ashland Global Holdings Inc News

Latest updates

Ashland Global Holdings Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-8.5%	473	517	546	603	525	632	644	604	512	591	543	509	468	299	574	610	533	264	641	667	576
Cost Of Revenue	-3.6%	375	389	368	406	360	422	404	384	351	401	370	349	321	246	378	413	380	170	434	469	424
Gross Profit	-23.4%	98.00	128	178	197	165	210	240	220	161	190	173	160	147	53.00	196	197	153	94.00	207	198	152
S&GA Expenses	-23.9%	83.00	109	84.00	79.00	93.00	94.00	127	90.00	82.00	85.00	93.00	79.00	101	85.00	113	103	99.00	51.00	128	115	143
R&D Expenses	-14.3%	12.00	14.00	12.00	12.00	13.00	15.00	14.00	13.00	13.00	13.00	13.00	11.00	13.00	8.00	14.00	18.00	16.00	7.00	17.00	17.00	17.00
EBITDA Margin	-2.2%	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*	0.08*	-	-
Interest Expenses	188.9%	24.00	-27.00	-3.00	10.00	14.00	-41.50	-59.00	-43.00	-5.00	-38.50	-1.00	-23.00	7.00	-6.00	14.00	-117	-10.00	-26.00	-21.00	3.00	-55.00
Income Taxes	18.6%	-24.00	-29.50	15.00	-1.00	8.00	-0.50	1.00	20.00	5.00	-2.50	-26.00	-5.00	-5.00	-0.50	12.00	-10.00	-24.00	6.00	-1.00	1.00	24.00
Earnings Before Taxes	110.7%	4.00	-37.50	57.00	91.00	50.00	60.00	52.00	58.00	37.00	31.00	46.00	20.00	38.00	-64.50	62.00	-585	10.00	-30.00	22.00	46.00	-47.00
EBT Margin	-26.9%	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*	0.01*	-	-
Net Income	842.9%	26.00	-3.50	50.00	91.00	40.00	57.00	36.00	786	48.00	44.00	80.00	41.00	56.00	5.00	37.00	-582	32.00	411	66.00	76.00	-48.00
Net Income Margin	-5.6%	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*	0.04*	-	-
Free Cashflow	166.1%	165	62.00	93.00	21.00	-52.00	133	-47.00	-5.00	-1.00	121	173	16.00	51.00	35.00	112	10.00	-63.00	3.00	54.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.2%	5,866	5,939	6,029	6,183	6,259	6,213	6,412	6,780	6,549	6,612	6,766	6,664	6,742	6,877	6,986	6,968	7,326	7,251	7,925	7,998	7,943
Current Assets	-9.4%	1,365	1,506	1,526	1,631	1,724	1,768	1,817	2,025	1,734	1,717	1,235	1,418	1,381	1,547	1,670	1,645	1,344	1,433	2,037	2,087	1,991
Cash Equivalents	5.5%	440	417	349	399	532	646	629	964	194	210	262	373	335	454	416	353	157	232	132	164	149
Inventory	-6.1%	588	626	712	730	724	629	609	573	530	473	517	512	537	506	617	611	633	597	595	599	619
Net PPE	-0.4%	1,367	1,373	1,354	1,351	1,346	1,338	1,352	1,380	1,401	1,427	1,524	1,532	1,562	1,485	1,554	1,564	1,575	1,577	1,580	1,587	1,621
Goodwill	2.5%	1,396	1,362	1,383	1,385	1,369	1,312	1,356	1,404	1,411	1,430	1,901	1,760	1,792	1,305	1,734	1,723	2,274	1,800	2,285	2,279	2,289
Current Liabilities	-9.2%	414	456	432	472	464	553	550	810	908	934	602	569	585	813	937	972	688	757	1,007	920	906
Short Term Borrowings	-100.0%	-	16.00	-	-	-	-	-	-	376	365	95.00	85.00	93.00	280	446	471	179	166	332	261	229
Long Term Debt	2.1%	1,341	1,314	1,328	1,328	1,316	1,270	1,302	1,336	1,580	1,596	1,578	1,571	1,601	1,573	1,547	1,535	1,502	1,501	2,275	2,275	2,275
LT Debt, Current	-	-	-	-	-	-	-	-	-	13.00	9.00	6.00	3.00	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	2.1%	1,341	1,314	1,328	1,328	1,316	1,270	1,302	1,336	1,580	1,596	1,578	1,571	1,601	1,573	1,547	1,535	1,502	1,501	2,275	2,275	2,275
Shareholder's Equity	-1.4%	3,053	3,097	3,149	3,267	3,318	3,220	3,266	3,381	2,763	2,752	3,202	3,114	3,122	3,036	3,013	2,983	3,625	3,571	3,217	3,362	3,305
Retained Earnings	-100.0%	-	3,595	-	-	-	3,653	-	-	-	2,796	-	-	-	2,649	-	-	-	3,224	-	-	-
Additional Paid-In Capital	-100.0%	-	4.00	-	-	-	135	-	-	-	327	-	-	-	769	-	-	-	756	-	-	-
Accumulated Depreciation	3.9%	1,910	1,838	1,837	1,813	1,770	1,712	1,713	1,701	1,669	1,639	1,819	1,775	1,748	1,517	1,649	1,608	1,580	1,588	1,616	1,580	1,574
Shares Outstanding	-	50.00	-	51.00	53.00	54.00	-	54.00	55.00	57.00	-	61.00	61.00	61.00	61.00	60.00	60.00	60.00	60.00	61.00	63.00	63.00
Float	-	-	-	-	5,400	-	-	-	5,367	-	-	-	5,389	-	-	-	2,855	-	-	-	4,881	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	53.4%	201,000	131,000	136,000	56,000	-29,000	179,000	-17,000	17,000	14,000	152,000	194,000	39,000	81,000	74,000	140,000	47,000	-34,000	47,000	87,000	15,000	-9,000
Share Based Compensation	-80.0%	1,000	5,000	5,000	5,000	7,000	4,000	5,000	5,000	4,000	3,000	4,000	4,000	4,000	3,000	3,000	4,000	4,000	4,000	4,000	6,000	7,000
Cashflow From Investing	50.0%	-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	-24,000
Cashflow From Financing	-2680.0%	-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	-42,000	241,000	-7,000	-966,000	-147,000	14,000	-50,000
Dividend Payments	0%	20,000	20,000	20,000	18,000	18,000	18,000	18,000	17,000	17,000	18,000	19,000	16,000	17,000	16,000	17,000	17,000	16,000	16,000	17,000	15,000	16,000
Buy Backs	-	100,000	-	158,000	142,000	-	-	45,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-

ASH Income Statement

2023-12-31

STATEMENTS OF CONSOLIDATED COMPREHENSIVE INCOME (LOSS) (unaudited) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Sales	$ 473	$ 525
Cost of sales	375	360
Gross profit	98	165
Selling, general and administrative expense	83	93
Research and development expense	12	13
Intangibles amortization expense - Note F	21	23
Equity and other income	2	1
Loss on acquisitions and divestitures, net	(2)	0
Operating income (loss)	(18)	37
Net interest and other income	(24)	(14)
Other net periodic benefit loss - Note J	2	1
Income from continuing operations before income taxes	4	50
Income tax expense (benefit) - Note I	(24)	8
Income from continuing operations	28	42
Loss from discontinued operations, net of income taxes - Note B	(2)	(2)
Net income	$ 26	$ 40
Basic earnings per share - Note L
Income from continuing operations	$ 0.54	$ 0.77
Loss from discontinued operations	(0.03)	(0.03)
Net income	0.51	0.74
Diluted earnings per share - Note L
Income from continuing operations	0.54	0.76
Loss from discontinued operations	(0.03)	(0.03)
Net income	$ 0.51	$ 0.73
COMPREHENSIVE INCOME
Net income	$ 26	$ 40
Other comprehensive income (loss), net of tax
Unrealized translation gain	54	82
Unrealized loss on commodity hedges	(1)	(4)
Other comprehensive income - Note M	53	78
Comprehensive income	$ 79	$ 118

ASH Balance Sheet

2023-12-31

CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions

Dec. 31, 2023

Sep. 30, 2023

Current assets

Cash and cash equivalents

$ 440

$ 417

Accounts receivable - Note G

^[1]

194

338

Inventories - Note F

588

626

Other assets

143

125

Total current assets

1,365

1,506

Property, plant and equipment

Cost

3,277

3,211

Accumulated depreciation

1,910

1,838

Net property, plant and equipment

1,367

1,373

Goodwill - Note F

1,396

1,362

Intangibles - Note F

875

886

Operating lease assets, net - Note H

123

122

Restricted investments - Note D

315

290

Asbestos insurance receivable - Note K

^[2]

124

127

Deferred income taxes

Other assets

256

251

Total noncurrent assets

4,501

4,433

Total assets

5,866

5,939

Current liabilities

Short-term debt - Note G

Trade and other payables

202

210

Accrued expenses and other liabilities

190

208

Current operating lease obligations - Note H

Total current liabilities

414

456

Noncurrent liabilities

Long-term debt - Note G

1,341

1,314

Asbestos litigation reserve - Note K

412

427

Deferred income taxes

148

Employee benefit obligations - Note J

100

Operating lease obligations - Note H

107

106

Other liabilities

293

291

Total noncurrent liabilities

2,399

2,386

Commitments and contingencies - Note K

Stockholders' equity - Note M

3,053

3,097

Total liabilities and stockholders' equity

$ 5,866

$ 5,939

[1]	Accounts receivable includes an allowance for credit losses of $3 million at both December 31, 2023 and September 30, 2023.
[2]	Asbestos insurance receivable includes an allowance for credit losses of $2 million at both December 31, 2023 and September 30, 2023.

About Ashland Global Holdings Inc

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	Mr. Guillermo Novo
WEBSITE	ashland.com
INDUSTRY	Chemicals
EMPLOYEES	3900

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 Thu Apr 25 2024, market cap of Ashland Global Holdings Inc is 4.77 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 Thu Apr 25 2024, ASH's PE ratio (Price to Earnings) is 29.17 and Price to Sales (PS) ratio is 2.23. 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 0.083 (multiply by 100 for percentage) rate of return.