Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Ashland Inc (NYSE: ASH) closed at $55.98 down -0.62% from its previous closing price of $56.33. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 0.8 million shares were traded. ASH stock price reached its highest trading level at $56.5656 during the session, while it also had its lowest trading level at $54.91.
Ratios:
For a deeper understanding of Ashland Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.69. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
On August 08, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also lowered its target price recommendation from $90 to $89.
Wells Fargo Upgraded its Equal Weight to Overweight on April 11, 2024, whereas the target price for the stock was revised from $100 to $112.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 31 ’25 when NOVO GUILLERMO bought 31,294 shares for $64.24 per share. The transaction valued at 2,010,327 led to the insider holds 31,294 shares of the business.
Assis Alessandra Faccin bought 3,150 shares of ASH for $201,600 on Jan 31 ’25. The SVP and GM, Life Sciences now owns 3,150 shares after completing the transaction at $64.00 per share. On Dec 05 ’24, another insider, BONI ERIC N, who serves as the VP, Finance & Prinpl Acctg Off of the company, sold 451 shares for $78.07 each. As a result, the insider received 35,210 and left with 14,182 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASH now has a Market Capitalization of 2657812736 and an Enterprise Value of 3830275584. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.29 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.873 whereas that against EBITDA is 10.552.
Stock Price History:
The Beta on a monthly basis for ASH is 0.72, which has changed by -0.4175424 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, ASH has reached a high of $102.50, while it has fallen to a 52-week low of $55.28. The 50-Day Moving Average of the stock is -13.03%, while the 200-Day Moving Average is calculated to be -30.76%.
Shares Statistics:
For the past three months, ASH has traded an average of 678.07K shares per day and 772200 over the past ten days. A total of 47.18M shares are outstanding, with a floating share count of 46.63M. Insiders hold about 1.16% of the company’s shares, while institutions hold 89.15% stake in the company. Shares short for ASH as of 1740700800 were 1653762 with a Short Ratio of 2.44, compared to 1738281600 on 1574186. Therefore, it implies a Short% of Shares Outstanding of 1653762 and a Short% of Float of 3.54.
Dividends & Splits
According to the company, the forward annual dividend rate for ASH is 1.62, from 1.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028404048The stock’s 5-year Average Dividend Yield is 1.51. The current Payout Ratio is 46.75% for ASH, which recently paid a dividend on 2025-02-28 with an ex-dividend date of 1740700800. Stock splits for the company last occurred on 2017-05-15 when the company split stock in a 511:250 ratio.
