|Bid||76.51 x 800|
|Ask||76.52 x 1100|
|Day's Range||76.29 - 77.25|
|52 Week Range||64.94 - 84.81|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||46.38|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||1.10 (1.42%)|
|1y Target Est||87.64|
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Ashland Global Holdings Inc. (ASH) (“Ashland” or the “Company”) today announced that the Board of Directors (the “Board”) has elected Guillermo Novo as Chairman and CEO of Ashland, effective December 31, 2019. William A. Wulfsohn will continue to serve as Chairman and CEO through the end of this year to ensure a smooth transition. Following Mr. Wulfsohn’s departure from Ashland, the Board will be composed of 10 members, nine of whom are independent.
Bill Wulfsohn has been the CEO of Ashland Global Holdings Inc. (NYSE:ASH) since 2015. This report will, first, examine...
Ashland Global Holdings Inc. (ASH) today announced it has completed the previously announced sale of its Composites business (excluding the Maleic business) and butanediol manufacturing facility in Marl, Germany to INEOS Enterprises in a transaction valued at $1.015 billion. "The sale of our Composites and Marl businesses allows Ashland to focus on our vision of becoming the premier specialty chemicals company," said Bill Wulfsohn, Ashland chairman and chief executive officer. Citi acted as financial advisor to Ashland, and Squire Patton Boggs LLP acted as legal advisor.
Readers hoping to buy Ashland Global Holdings Inc. (NYSE:ASH) for its dividend will need to make their move shortly...
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Ashland Global Holdings Inc. (ASH) today announced it has received the remaining regulatory approvals needed to close the previously announced sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany to INEOS Enterprises Holdings Limited. Ashland and INEOS are working together to close the transaction as soon as possible in accordance with the Stock and Asset Purchase Agreement and continue to expect a closing in the late summer of 2019. Ashland Global Holdings Inc. (ASH) is a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical.
Luminus Management was founded in 2002 by Paul Segal, who was the fund’s Management’s President and Portfolio Manager until 2011, when Jonathan Dan Barrett took over the positions. Jonathan Barrett graduated in Accounting from University of Witwatersrand. He started off working in real estate investment, and later he held a position of Director of Merger […]
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Ashland (ASH) delivered earnings and revenue surprises of 0.00% and 0.19%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Reported net income of $66 million, or $1.05 per diluted share, compared to net income of $36 million, or $0.56 per diluted share, last year. Adjusted income from continuing operations was $48 million, or $0.77 per diluted share, compared to $49 million, or $0.77 per diluted share, last year. "Ashland`s fiscal third quarter financial results are consistent with the updated outlook we provided on July 17, 2019.
Ashland (ASH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
COVINGTON, KENTUCKY, July 17, 2019 - The board of directors of Ashland Global Holdings Inc. (NYSE: ASH) has declared a quarterly cash dividend of $0.275 per share on the company`s common stock. The dividend ...
Ashland Global Holdings Inc. (ASH), a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, today updated its outlook for the third quarter and full year of fiscal 2019. For the fiscal third quarter, lower-than-anticipated sales in personal care and certain industrial end markets within Specialty Ingredients led to weaker-than-expected results for Ashland. Ashland`s Adjusted EBITDA is now expected to be in the range of $138 million to $142 million.
Ashland Global Holdings Inc. (ASH) today announced an amendment to the purchase agreement for the sale of its Composites business and butanediol (BDO) manufacturing facility in Marl, Germany to INEOS Enterprises. Ashland`s maleic business consists of one facility in West Virginia which generates annual revenue of approximately $75 million. Ashland will retain full ownership of and be solely responsible for operations of the maleic business moving forward.
Ashland Global Holdings Inc. (NYSE:ASH), which is in the chemicals business, and is based in United States, received a...
How far off is Ashland Global Holdings Inc. (NYSE:ASH) from its intrinsic value? Using the most recent financial data...
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
Ashland Global Holdings Inc NYSE:ASHView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for ASH with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 6. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $2.03 billion over the last one-month into ETFs that hold ASH are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.