Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $54.39 in the prior trading day, Ashland Inc (NYSE: ASH) closed at $49.03, down -9.85%. In other words, the price has decreased by -$9.85 from its previous closing price. On the day, 1.46 million shares were traded. ASH stock price reached its highest trading level at $50.955 during the session, while it also had its lowest trading level at $48.66.
Ratios:
Our goal is to gain a better understanding of ASH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.62. 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 March 26, 2025, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $68 to $71.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2313377536 and an Enterprise Value of 3623409920. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.13 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.859 whereas that against EBITDA is 9.767.
Stock Price History:
The Beta on a monthly basis for ASH is 0.57, which has changed by -0.48847157 over the last 52 weeks, in comparison to a change of 0.092895746 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 $45.21. The 50-Day Moving Average of the stock is -12.16%, while the 200-Day Moving Average is calculated to be -34.12%.
Shares Statistics:
The stock has traded on average 764.97K shares per day over the past 3-months and 615920 shares per day over the last 10 days, according to various share statistics. 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 89.52% stake in the company. Shares short for ASH as of 1744675200 were 1339908 with a Short Ratio of 1.75, compared to 1741910400 on 1493661. Therefore, it implies a Short% of Shares Outstanding of 1339908 and a Short% of Float of 2.87.
Dividends & Splits
In the trailing 12 months, ASH’s forward annual dividend rate was 0.81, compared to 1.62 this year. Against a Trailing Annual Dividend Yield of 0.014892444The stock’s 5-year Average Dividend Yield is 1.54. 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.
Earnings Estimates
At present, 5.0 analysts are actively evaluating the performance of Ashland Inc (ASH) in the stock market.The consensus estimate for the next quarter is $1.31, with high estimates of $1.46 and low estimates of $1.16.
Analysts are recommending an EPS of between $4.1 and $3.6 for the fiscal current year, implying an average EPS of $3.92. EPS for the following year is $4.99, with 9.0 analysts recommending between $5.65 and $4.5.
Revenue Estimates
6 analysts predict $499.19M in revenue for the current quarter. It ranges from a high estimate of $517.65M to a low estimate of $479M. As of the current estimate, Ashland Inc’s year-ago sales were $544MFor the next quarter, 6 analysts are estimating revenue of $492.49M. There is a high estimate of $520.3M for the next quarter, whereas the lowest estimate is $462M.
A total of 8 analysts have provided revenue estimates for ASH’s current fiscal year. The highest revenue estimate was $1.95B, while the lowest revenue estimate was $1.84B, resulting in an average revenue estimate of $1.9B. In the same quarter a year ago, actual revenue was $2.11BBased on 8 analysts’ estimates, the company’s revenue will be $1.95B in the next fiscal year. The high estimate is $2.03B and the low estimate is $1.83B.