What is Seaport Res Ptn’s Forecast for Ashland Q2 Earnings?

Ashland Inc. (NYSE:ASH) – Stock analysts at Seaport Res Ptn lowered their Q2 2026 earnings estimates for Ashland in a report issued on Friday, October 17th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $1.25 per share for the quarter, down from their prior forecast of $1.30. The consensus estimate for Ashland’s current full-year earnings is $4.27 per share. Seaport Res Ptn also issued estimates for Ashland’s FY2026 earnings at $4.25 EPS and FY2027 earnings at $5.38 EPS.

Ashland (NYSE:ASH) last posted its quarterly earnings results on Thursday, June 9th. The basic materials company reported $0.56 earnings per share for the quarter. The business had revenue of $509.00 million during the quarter. Ashland had a negative net margin of 46.01% and a positive return on equity of 6.82%. Ashland has set its FY 2022 guidance at EPS.

Several other research firms also recently commented on ASH. Weiss Ratings reissued a “sell (d)” rating on shares of Ashland in a report on Wednesday, October 8th. UBS Group lowered their target price on shares of Ashland from $73.00 to $64.00 and set a “buy” rating on the stock in a report on Thursday, August 7th. Wells Fargo & Company lowered their target price on shares of Ashland from $53.00 to $52.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 15th. Wall Street Zen raised shares of Ashland from a “sell” rating to a “hold” rating in a report on Monday. Finally, Morgan Stanley assumed coverage on shares of Ashland in a report on Monday, September 8th. They issued an “equal weight” rating and a $60.00 target price on the stock. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $60.43.

Ashland Stock Performance

ASH opened at $50.76 on Monday. Ashland has a 1-year low of $45.21 and a 1-year high of $88.89. The company has a 50 day simple moving average of $51.74 and a two-hundred day simple moving average of $51.29. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.68 and a quick ratio of 1.33. The firm has a market cap of $2.32 billion, a P/E ratio of -2.71, a PEG ratio of 11.47 and a beta of 0.49.

Institutional Investors Weigh In On Ashland

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its stake in Ashland by 59.0% during the second quarter. Geneos Wealth Management Inc. now owns 671 shares of the basic materials company’s stock valued at $34,000 after purchasing an additional 249 shares in the last quarter. Abound Wealth Management purchased a new stake in Ashland during the second quarter valued at $40,000. Farther Finance Advisors LLC raised its stake in shares of Ashland by 2,736.0% in the first quarter. Farther Finance Advisors LLC now owns 709 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 684 shares during the period. Allworth Financial LP raised its stake in shares of Ashland by 63.9% in the first quarter. Allworth Financial LP now owns 834 shares of the basic materials company’s stock valued at $49,000 after acquiring an additional 325 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Ashland by 93.5% in the second quarter. GAMMA Investing LLC now owns 1,155 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 558 shares during the period. Hedge funds and other institutional investors own 93.95% of the company’s stock.

Ashland Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, September 1st were paid a dividend of $0.415 per share. The ex-dividend date of this dividend was Friday, August 29th. This represents a $1.66 dividend on an annualized basis and a yield of 3.3%. Ashland’s dividend payout ratio is presently -8.86%.

Ashland Company Profile

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.