Ashland Inc. (NYSE:ASH) Receives Consensus Recommendation of “Moderate Buy” from Analysts
2025-04-26T06:36:55Z
Shares of Ashland Inc. (NYSE:ASH – Get Free Report) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four…
Shares of Ashland Inc. (NYSE:ASH – Get Free Report) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $73.20.
A number of research firms recently issued reports on ASH. JPMorgan Chase & Co. raised Ashland from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $68.00 to $71.00 in a research report on Wednesday, March 26th. StockNews.com cut Ashland from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Wells Fargo & Company decreased their target price on shares of Ashland from $69.00 to $58.00 and set an “overweight” rating for the company in a research note on Wednesday, April 9th. UBS Group dropped their price target on shares of Ashland from $95.00 to $93.00 and set a “buy” rating on the stock in a research report on Wednesday, January 29th. Finally, Seaport Res Ptn downgraded shares of Ashland from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th.
Get Ashland alerts:
Read Our Latest Research Report on ASH
Insider Buying and Selling at Ashland
Institutional Trading of Ashland
In other Ashland news, CEO Guillermo Novo bought 31,294 shares of Ashland stock in a transaction dated Friday, January 31st. The stock was bought at an average price of $64.24 per share, with a total value of $2,010,326.56. Following the completion of the transaction, the chief executive officer now owns 31,294 shares in the company, valued at $2,010,326.56. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website . Insiders own 1.02% of the company’s stock.
Institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC boosted its stake in shares of Ashland by 6.2% in the fourth quarter. Integrated Wealth Concepts LLC now owns 3,590 shares of the basic materials company’s stock valued at $257,000 after buying an additional 211 shares during the period. Boothbay Fund Management LLC grew its holdings in shares of Ashland by 5.7% during the 4th quarter. Boothbay Fund Management LLC now owns 5,225 shares of the basic materials company’s stock worth $373,000 after purchasing an additional 284 shares in the last quarter. Xponance Inc. increased its position in shares of Ashland by 5.7% in the fourth quarter. Xponance Inc. now owns 5,613 shares of the basic materials company’s stock worth $401,000 after purchasing an additional 301 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Ashland by 10.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 3,292 shares of the basic materials company’s stock valued at $235,000 after buying an additional 317 shares during the period. Finally, Commerce Bank raised its position in shares of Ashland by 7.4% in the 4th quarter. Commerce Bank now owns 5,042 shares of the basic materials company’s stock valued at $360,000 after buying an additional 347 shares in the last quarter. Institutional investors own 93.95% of the company’s stock.
Ashland Stock Down 0.4 %
NYSE:ASH opened at $53.14 on Friday. The company has a market cap of $2.51 billion, a PE ratio of -80.51, a PEG ratio of 1.14 and a beta of 0.70. The stock has a 50-day simple moving average of $55.88 and a 200 day simple moving average of $68.54. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.27 and a current ratio of 2.52. Ashland has a 52-week low of $45.21 and a 52-week high of $102.50.
Ashland (NYSE:ASH – Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The basic materials company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.51). Ashland had a positive return on equity of 7.41% and a negative net margin of 1.12%. During the same quarter in the prior year, the business posted $0.45 earnings per share. On average, sell-side analysts expect that Ashland will post 4.27 EPS for the current fiscal year.
About Ashland
(Get Free Report
Ashland Inc provides additives and specialty ingredients in the North and Latin America, Europe, Asia Pacific, and internationally. It operates through Life Sciences, Personal Care, Specialty Additives, and Intermediates segments. The Life Sciences segment offers pharmaceutical solutions, including controlled release polymers, disintegrants, tablet coatings, thickeners, solubilizers, and tablet binders; nutrition solutions, such as thickeners, stabilizers, emulsifiers, and additives; and nutraceutical solutions comprising products for weight management, joint comfort, stomach and intestinal health, sports nutrition, and general wellness, as well as custom formulation, toll processing, and particle engineering solutions.
See Also
Receive News & Ratings for Ashland Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Ashland and related companies with MarketBeat.com’s FREE daily email newsletter.
Auto-posted from news source
About The Author
