Is Ashland Global Stock a Good Investment?
Ashland Global Investment Advice | ASH |
- Examine Ashland Global's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Ashland Global's leadership team and their track record. Good management can help Ashland Global navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Specialty Chemicals space and any emerging trends that could impact Ashland Global's business and its evolving consumer preferences.
- Compare Ashland Global's performance and market position to its competitors. Analyze how Ashland Global is positioned in terms of product offerings, innovation, and market share.
- Check if Ashland Global pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Ashland Global's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Ashland Global Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Ashland Global Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Ashland Global Stock
Researching Ashland Global's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ashland Global Holdings last dividend was issued on the 29th of November 2024. The entity had 511:250 split on the 15th of May 2017.
To determine if Ashland Global is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Ashland Global's research are outlined below:
| Ashland Global generated a negative expected return over the last 90 days | |
| Ashland Global has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Quantbot Technologies LP Acquires New Holdings in Ashland Inc. |
Ashland Global Quarterly Good Will |
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Ashland Global uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Ashland Global Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ashland Global's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Ashland Global's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Ashland Global's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-02-05 | 2018-12-31 | 0.12 | 0.14 | 0.02 | 16 | ||
2004-04-26 | 2004-03-31 | -0.18 | -0.16 | 0.02 | 11 | ||
1999-04-22 | 1999-03-31 | 0.13 | 0.08 | -0.05 | 38 | ||
2020-01-27 | 2019-12-31 | 0.07 | 0.13 | 0.06 | 85 | ||
2003-01-23 | 2002-12-31 | 0.1 | 0.04 | -0.06 | 60 | ||
1997-04-17 | 1997-03-31 | 0.11 | 0.03 | -0.08 | 72 | ||
2011-04-26 | 2011-03-31 | 0.77 | 0.86 | 0.09 | 11 | ||
2006-01-25 | 2005-12-31 | 0.72 | 0.81 | 0.09 | 12 |
Know Ashland Global's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ashland Global is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ashland Global Holdings backward and forwards among themselves. Ashland Global's institutional investor refers to the entity that pools money to purchase Ashland Global's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Cooperman Leon G | 2024-09-30 | 1.1 M | Geode Capital Management, Llc | 2024-09-30 | 827.6 K | 1832 Asset Management L.p | 2024-09-30 | 781.7 K | Deprince Race & Zollo Inc | 2024-09-30 | 763.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 748.7 K | Charles Schwab Investment Management Inc | 2024-09-30 | 676.3 K | Newport Trust Co. | 2024-09-30 | 552.2 K | Bank Of New York Mellon Corp | 2024-06-30 | 547.9 K | Hhg Plc | 2024-06-30 | 543.5 K | Vanguard Group Inc | 2024-09-30 | 4.9 M | Blackrock Inc | 2024-06-30 | 4.5 M |
Ashland Global's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 3.69 B.Market Cap |
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Ashland Global's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.04 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.06 | 0.09 |
Determining Ashland Global's profitability involves analyzing its financial statements and using various financial metrics to determine if Ashland Global is a good buy. For example, gross profit margin measures Ashland Global's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Ashland Global's profitability and make more informed investment decisions.
Evaluate Ashland Global's management efficiency
As of now, Ashland Global's Return On Assets are decreasing as compared to previous years. The Ashland Global's current Return On Equity is estimated to increase to 0.09, while Return On Tangible Assets are projected to decrease to 0.04. As of now, Ashland Global's Net Tangible Assets are increasing as compared to previous years. The Ashland Global's current Intangibles To Total Assets is estimated to increase to 0.40, while Non Currrent Assets Other are projected to decrease to under 883.6 M. Ashland Global's management efficiency ratios could be used to measure how well Ashland Global manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 58.53 | 31.22 | |
| Tangible Book Value Per Share | 14.90 | 17.20 | |
| Enterprise Value Over EBITDA | 15.08 | 15.84 | |
| Price Book Value Ratio | 1.49 | 1.56 | |
| Enterprise Value Multiple | 15.08 | 15.84 | |
| Price Fair Value | 1.49 | 1.56 | |
| Enterprise Value | 5.7 B | 6 B |
Leadership at Ashland Global emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0208 | Forward Dividend Yield 0.0208 | Forward Dividend Rate 1.62 | Beta 0.882 |
Basic technical analysis of Ashland Stock
As of the 1st of December, Ashland Global shows the mean deviation of 1.08, and Risk Adjusted Performance of (0.08). Ashland Global Holdings technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Ashland Global's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Ashland Global insiders, such as employees or executives, is commonly permitted as long as it does not rely on Ashland Global's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Ashland Global insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Min Chong over six months ago Disposition of 2077 shares by Min Chong of Ashland Global at 83.7 subject to Rule 16b-3 | ||
William Wulfsohn over a year ago Exercise or conversion by William Wulfsohn of 4764 shares of Ashland Global subject to Rule 16b-3 | ||
Winkler Von Mohrenfels Petra Yvonne over a year ago Exercise or conversion by Winkler Von Mohrenfels Petra Yvonne of 1250 shares of Ashland Global subject to Rule 16b-3 |
Ashland Global's Outstanding Corporate Bonds
Ashland Global issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Ashland Global Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Ashland bonds can be classified according to their maturity, which is the date when Ashland Global Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Volcan Compania Minera Corp BondUSP98047AC08 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| International Game Technology Corp BondUS460599AD57 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Ashland Global's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Ashland Global's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (895.18) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 1.87 | |||
| Skewness | (1.77) | |||
| Kurtosis | 7.92 |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (0.16) | |||
| Mean Deviation | 1.08 | |||
| Coefficient Of Variation | (895.18) | |||
| Standard Deviation | 1.52 | |||
| Variance | 2.32 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.17) | |||
| Maximum Drawdown | 10.48 | |||
| Value At Risk | (2.26) | |||
| Potential Upside | 1.87 | |||
| Skewness | (1.77) | |||
| Kurtosis | 7.92 |
Consider Ashland Global's intraday indicators
Ashland Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ashland Global stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ashland Global Corporate Filings
8K | 25th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 20th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 18th of November 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Ashland Stock media impact
Far too much social signal, news, headlines, and media speculation about Ashland Global that are available to investors today. That information is available publicly through Ashland media outlets and privately through word of mouth or via Ashland internal channels. However, regardless of the origin, that massive amount of Ashland data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Ashland Global news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Ashland Global relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Ashland Global's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Ashland Global alpha.
Ashland Global Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Ashland Global can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Ashland Global Holdings Historical Investor Sentiment
Investor biases related to Ashland Global's public news can be used to forecast risks associated with an investment in Ashland. The trend in average sentiment can be used to explain how an investor holding Ashland can time the market purely based on public headlines and social activities around Ashland Global Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ashland Global's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ashland Global and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ashland Global news discussions. The higher the estimate score, the more favorable the investor's outlook on Ashland Global.
Ashland Global Corporate Directors
| William Dempsey | Independent Director | Profile | |
| Susan Main | Independent Director | Profile | |
| Seth Mrozek | Director - Investor Relations | Profile | |
| Janice Teal | Independent Director | Profile |
Already Invested in Ashland Global Holdings?
The danger of trading Ashland Global Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ashland Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ashland Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ashland Global Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ashland Global Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ashland Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ashland Global Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ashland Global Holdings Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ashland Global Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ashland Global. If investors know Ashland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ashland Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.88) | Dividend Share 1.58 | Earnings Share 3.95 | Revenue Per Share 42.26 | Quarterly Revenue Growth 0.01 |
The market value of Ashland Global Holdings is measured differently than its book value, which is the value of Ashland that is recorded on the company's balance sheet. Investors also form their own opinion of Ashland Global's value that differs from its market value or its book value, called intrinsic value, which is Ashland Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ashland Global's market value can be influenced by many factors that don't directly affect Ashland Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Ashland Global's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Ashland Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ashland Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.