How to buy Ashland Global stock

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 4,200 staff and has a trailing 12-month revenue of around 0.00.

Ashland Global share price

Use our graph to track the performance of ASH stocks over time.

Ashland Global shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$54.61 - $95.20
50-day moving average	$89.78
200-day moving average	$82.61
Wall St. target price	$102.75
PE ratio	38.146
Dividend yield	$1.1 (1.26%)
Earnings per share (TTM)	$2.26

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Is it a good time to buy Ashland Global stock?

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.

Technical Analysis of Ashland Global Holdings Inc by TradingView

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.

Is Ashland Global under- or over-valued?

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 P/E ratio

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 38x. In other words, Ashland Global shares trade at around 38x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Ashland Global's EBITDA

Ashland Global's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $476 million.

The EBITDA is a measure of a Ashland Global's overall financial performance and is widely used to measure a its profitability.

Ashland Global financials

Revenue TTM	$2.3 billion
Operating margin TTM	9.73%
Gross profit TTM	$707 million
Return on assets TTM	2.08%
Return on equity TTM	5.05%
Profit margin	5.96%
Book value	$50.23
Market capitalisation	$5.2 billion

TTM: trailing 12 months

Shorting Ashland Global shares

There are currently 2.1 million Ashland Global shares held short by investors – that's known as Ashland Global's "short interest". This figure is 8% down from 2.3 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)

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 352137.70491803). Ashland Global's SIR currently stands at 6.1. In other words for every 100,000 Ashland Global shares traded daily on the market, roughly 6100 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 0.04% of the outstanding shares (for every 100,000 Ashland Global shares in existence, roughly 40 shares are currently held short) or 0.0429% of the tradable shares (for every 100,000 tradable Ashland Global shares, roughly 43 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly 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.

Ashland Global's environmental, social and governance track record

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.

Ashland Global's total ESG risk score

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 12/31/2018) 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.).

Ashland Global's environmental score

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.

Ashland Global's social score

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.

Ashland Global's governance score

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.

Ashland Global's controversy score

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.

Environmental, social, and governance (ESG) summary

Ashland Global Holdings Inc was last rated for ESG on: 2019-01-01.

Total ESG score	40.57
Total ESG percentile	85.4
Environmental score	20.37
Environmental score percentile	6
Social score	12.88
Social score percentile	6
Governance score	13.83
Governance score percentile	6
Level of controversy	1

Ashland Global share dividends

Dividend payout ratio: 25.11% of net profits

Recently Ashland Global has paid out, on average, around 25.11% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.26% 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 1.26% 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 14 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 February 2021 (the "ex-dividend date").

Have Ashland Global's shares ever split?

Ashland Global's shares were split on a 511:250 basis on 14 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.

Ashland Global share price volatility

Over the last 12 months, Ashland Global's shares have ranged in value from as little as $54.6091 up to $95.2. 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 1.3094. 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 overview

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.

Frequently asked questions

• What percentage of Ashland Global is owned by insiders or institutions?

  Currently 0.464% of Ashland Global shares are held by insiders and 97.841% by institutions.

• How many people work for Ashland Global?

  Latest data suggests 4,200 work at Ashland Global.

• When does the fiscal year end for Ashland Global?

  Ashland Global's fiscal year ends in September.

• Where is Ashland Global based?

  Ashland Global's address is: 50 East RiverCenter Boulevard, Covington, KY, United States, 41011

• What is Ashland Global's ISIN number?

  Ashland Global's international securities identification number is: US0441861046

• What is Ashland Global's CUSIP number?

  Ashland Global's Committee on Uniform Securities Identification Procedures number is: 044186104