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Ashland Global Holdings Inc is a chemicals business based in the US. Ashland Global shares (ASH) are listed on the NYSE and all prices are listed in US Dollars. Ashland Global employs 4,500 staff and has a trailing 12-month revenue of around USD$2.3 billion.
|Latest market close||USD$78.52|
|52-week range||USD$38.4421 - USD$82.9752|
|50-day moving average||USD$77.1256|
|200-day moving average||USD$73.9879|
|Wall St. target price||USD$91.4|
|Dividend yield||USD$1.1 (1.39%)|
|Earnings per share (TTM)||USD$8.145|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-14)||-9.10%|
|1 month (2020-12-24)||-0.88%|
|3 months (2020-10-22)||4.78%|
|6 months (2020-07-22)||-0.10%|
|1 year (2020-01-22)||3.64%|
|2 years (2019-01-22)||1.72%|
|3 years (2018-01-22)||6.32%|
|5 years (2016-01-22)||97.71|
Valuing Ashland Global stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ashland Global's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Ashland Global's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 25x. In other words, Ashland Global shares trade at around 25x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Ashland Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$440 million.
The EBITDA is a measure of a Ashland Global's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.3 billion|
|Operating margin TTM||8.3%|
|Gross profit TTM||USD$707 million|
|Return on assets TTM||1.71%|
|Return on equity TTM||-14.86%|
|Market capitalisation||USD$4.8 billion|
TTM: trailing 12 months
There are currently 2.0 million Ashland Global shares held short by investors – that's known as Ashland Global's "short interest". This figure is 13.9% up from 1.7 million last month.
There are a few different ways that this level of interest in shorting Ashland Global shares can be evaluated.
Ashland Global's "short interest ratio" (SIR) is the quantity of Ashland Global shares currently shorted divided by the average quantity of Ashland Global shares traded daily (recently around 492980.70175439). Ashland Global's SIR currently stands at 3.99. In other words for every 100,000 Ashland Global shares traded daily on the market, roughly 3990 shares are currently held short.
However Ashland Global's short interest can also be evaluated against the total number of Ashland Global shares, or, against the total number of tradable Ashland Global shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Ashland Global's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Ashland Global shares in existence, roughly 30 shares are currently held short) or 0.0393% of the tradable shares (for every 100,000 tradable Ashland Global shares, roughly 39 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Ashland Global.
Find out more about how you can short Ashland Global stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Ashland Global.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 40.57
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Ashland Global's overall score of 40.57 (as at 01/01/2019) is pretty weak – landing it in it in the 85th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Ashland Global is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 20.37/100
Ashland Global's environmental score of 20.37 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Ashland Global is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 12.88/100
Ashland Global's social score of 12.88 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Ashland Global is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 13.83/100
Ashland Global's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Ashland Global is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Ashland Global scored a 1 out of 5 for controversy – the highest score possible, reflecting that Ashland Global has managed to keep its nose clean.
|Total ESG score||40.57|
|Total ESG percentile||85.4|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||1|
Dividend payout ratio: 39.29% of net profits
Recently Ashland Global has paid out, on average, around 39.29% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.39% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ashland Global shareholders could enjoy a 1.39% return on their shares, in the form of dividend payments. In Ashland Global's case, that would currently equate to about $1.1 per share.
While Ashland Global's payout ratio might seem fairly standard, it's worth remembering that Ashland Global may be investing much of the rest of its net profits in future growth.
Ashland Global's most recent dividend payout was on 15 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 November 2020 (the "ex-dividend date").
Ashland Global's shares were split on a 511:250 basis on 15 May 2017. So if you had owned 250 shares the day before before the split, the next day you'd have owned 511 shares. This wouldn't directly have changed the overall worth of your Ashland Global shares – just the quantity. However, indirectly, the new 51.1% lower share price could have impacted the market appetite for Ashland Global shares which in turn could have impacted Ashland Global's share price.
Over the last 12 months, Ashland Global's shares have ranged in value from as little as $38.4421 up to $82.9752. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ashland Global's is 1.3512. This would suggest that Ashland Global's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Ashland Global Holdings Inc. provides specialty chemical solutions worldwide. The company's Specialty Ingredients segment offers products, technologies, and resources for solving formulation and product-performance challenges. It provides solutions using natural, synthetic, and semisynthetic polymers derived from cellulose ethers, vinyl pyrrolidones, acrylic polymers, polyester and polyurethane-based adhesives, and plant and seed extracts. This segment offers its solutions for the pharmaceutical companies; makers of personal care products, food, and beverages; makers of nutraceuticals and supplements; manufacturers of paint, coatings, and construction materials; packaging and converting markets; and oilfield service companies. Its Intermediates and Solvents produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone that are used as chemical intermediates in the production of engineering polymers and polyurethanes, as well as specialty process solvents used in electronics, pharmaceuticals, water filtration membranes, and others. The company was formerly known as Ashland Inc. and changed its name to Ashland Global Holdings Inc. in September 2016. Ashland Global Holdings Inc. was founded in 1924 and is headquartered in Covington, Kentucky.
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