How to Buy Ashland Stock
Ashland Inc
Ashland is a specialty chemical company located in Delaware, United States, which is part of the Basic Materials sector, and is traded under the ticker ASH on the NYSE exchange.
Ashland stock last closed at $96.03, down 0.22% from the previous day, and has decreased 7.13% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.17 percentage points. Ashland stock is currently +35.6% from its 52-week low of $70.82, and -5.8% from its 52-week high of $101.94.
As of Apr 24, 2024, there are 50.09M ASH shares outstanding. The market value of ASH is $4.81B. In the last 24 hours, 272,227 ASH shares were traded.
How to Buy Ashland Stock
Not sure how to invest in Ashland stock? Here's how.
- Figure out where to buy Ashland stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Ashland stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your method of payment and add your information.
- Analyze Ashland stock: The Ashland ticker symbol is ASH. Is Ashland stock a good investment? Should you buy shares of ASH? How do ASH's underlying business fundamentals look? Do top analysts think Ashland is a good buy? Why has ASH's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if ASH is a good stock to buy).
- Execute your ASH purchase: Decide if you will purchase ASH shares at the current market price or use a limit order to buy ASH shares at a particular price.
- Get key alerts regarding your ASH investment: Create a watchlist to key updates about your investment in Ashland stock.
Step 1: Figure out where to buy Ashland stock
You will need an online brokerage account to access the NYSE market and buy ASH stock.
Our recommended brokerage: eToro
Based on our analysis, eToro is the best brokerage. eToro gives you:
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- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you can invest in ASH stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on investing apps, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of transferring funds into your new investment account.
Step 4: Analyze Ashland stock
After you have selected the best place to buy Ashland stock, it's important to research their stock prior to investing, so you truly understand the risk and opportunity.
Ashland stock quick numbers
ASH Overview
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on ASH's stock page.
Is ASH stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge ASH's intrinsic value.
Using relative valuations measures:
- ASH could be overvalued based on its P/E ratio of 30.68x, relative to Specialty Chemicals industry P/E ratio of 30.27x
- ASH may be undervalued based on its P/B ratio of 1.58x, relative to Specialty Chemicals industry P/B ratio of 3.36x
- ASH could be undervalued based on its PEG ratio of 0.77x
You can do more valuation analysis on ASH's stock here.
ASH Financial Summary
Passed Financial Due Diligence Checks:
- Total ASH debt is lower than 5 years ago, relative to shareholder equity.
- ASH's operating cash flow of $493.00M allows it to safely service it's debt of $1.47B.
- ASH earnings of $130.00M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ASH balance sheet.
Failed Financial Due Diligence Checks:
- There are more long-term liabilities than short-term assets on the ASH balance sheet.
- ASH has a relatively high debt to equity ratio of 0.92.
- ASH profit margin has gone down from 38.2% to 7.6% in the past year.
Is ASH stock a Buy, Hold, or Sell, according to analysts?
Out of 6 Wall Street analysts who monitor ASH, the consensus analyst rating on ASH is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ASH Analyst Recommendations
Joshua Spector, a bottom 15% analyst from UBS maintains ASH with a strong buy rating and lowers their ASH price target from $110.00 to $103.00, on Nov 9, 2023.
You can dig deeper into what analysts are saying on the Ashland stock forecast page.
ASH Trading Indicators
Is ASH Making Money?
Last year, ASH earnings were $163.00M. In the last five year, ASH's earnings have gone up by 22.6% per year. This was faster than the Specialty Chemicals industry average of 6.78%.
Last year, ASH revenue was $2.14B. During the last five year, ASH's revenue has gone up by -3.7% per year. This was slower than the Specialty Chemicals industry average of 9.4%.
Learn more about ASH's earnings and revenue performance here.
Are ASH insiders buying or selling the stock?
Over the past year, executives and large shareholders at ASH have bought more shares than they have sold.
Robin E. Lampkin, SVP Gen Counsel and Secrty. of ASH, was the latest ASH insider to sell. They sold $78,103.76 worth of ASH stock on Feb 16, 2024.
Dig into more about who owns ASH stock here.
Can I rely on ASH as an income stream?
Ashland pays a dividend of 1.6%, compared to the Specialty Chemicals industry's average dividend yield of 3.48%. If you owned $1,000 of ASH stock, you would have been paid $16.04 last year.
Ashland dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Ashland dividend yield and history here.
ASH Social Trading Data
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your ASH purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Hit the Open button and your broker will place the order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your ASH investment
Now that you own some ASH stock, you'll want to keep up with your stock purchase.
Add ASH to a watchlist to track the latest developments regarding your ASH stock.
ASH Feed
How to Buy Stock in Ashland
To summarize, here are the 6 steps to buy stock in Ashland:
- Figure out where to buy Ashland stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Ashland stock
- Execute your ASH purchase
- Get key alerts regarding your ASH investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest scoop on your new investment in Ashland, create a watchlist on WallStreetZen today.
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