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1 Comment
Ashland Global Holdings Inc is currently in a long term uptrend where the price is trading 2.6% above its 200 day moving average.
From a valuation standpoint, the stock is 76.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.3.
Ashland Global Holdings Inc's total revenue rose by 3.6% to $552M since the same quarter in the previous year.
Its net income has increased by 75.0% to $56M since the same quarter in the previous year.
Finally, its free cash flow grew by 177.5% to $62M since the same quarter in the previous year.
Based on the above factors, Ashland Global Holdings Inc gets an overall score of 5/5.
CurrencyCode | USD |
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Exchange | NYSE |
ISIN | US0442091049 |
Sector | Basic Materials |
Industry | Specialty Chemicals |
Beta | 1.0 |
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Target Price | 126.91 |
PE Ratio | 30.01 |
Market Cap | 6B |
Dividend Yield | 1.3% |
Ashland Inc. provides additives and specialty ingredients worldwide. 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. The Personal Care segment provides a range of nature-based, biodegradable, and performance ingredients; solutions for toothpastes, mouth washes and rinses, denture cleaning, and care for teeth; and household supplies nature-derived rheology ingredients, biodegradable surface wetting agents, performance encapsulates, and specialty polymers. The Specialty Additives segment offers rheology modifiers, foam control agents, surfactants and wetting agents, pH neutralizers, advanced ceramics used in catalytic converters, environmental filters, ingredients for the manufacturing of ceramic capacitors, plasma display panels and solar cells, ingredients for textile printing, thermoplastic metals, and alloys for welding. The Intermediates segment produces 1,4 butanediol and related derivatives, including n-methylpyrrolidone. It offers its products to customers in a range of consumer and industrial markets, such as architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The company was formerly known as Ashland Global Holdings Inc. and changed its name to Ashland Inc. in August 2022. Ashland Inc. was founded in 1924 and is headquartered in Wilmington, Delaware.
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