News articles about Ashland Global (NYSE:ASH) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ashland Global earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 44.7168460220421 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media headlines that may have effected Accern Sentiment’s analysis:

Ashland Global (NYSE:ASH) opened at $74.33 on Monday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.97 and a quick ratio of 1.31. Ashland Global has a 1-year low of $54.72 and a 1-year high of $74.81. The company has a market cap of $4,625.18, a price-to-earnings ratio of -7,433,000.00, a price-to-earnings-growth ratio of 2.18 and a beta of 1.11.

Ashland Global (NYSE:ASH) last issued its quarterly earnings data on Monday, November 6th. The basic materials company reported $0.78 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.09. The company had revenue of $880.00 million during the quarter, compared to the consensus estimate of $869.62 million. During the same quarter last year, the company posted $1.52 earnings per share. The firm’s revenue for the quarter was up 16.7% compared to the same quarter last year. sell-side analysts predict that Ashland Global will post 3.42 earnings per share for the current fiscal year.

ASH has been the subject of a number of recent analyst reports. Deutsche Bank upped their price target on shares of Ashland Global from $74.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, November 8th. UBS Group upped their price objective on shares of Ashland Global from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, November 7th. Zacks Investment Research upgraded shares of Ashland Global from a “hold” rating to a “buy” rating and set a $75.00 price objective for the company in a report on Tuesday, October 24th. Jefferies Group restated a “buy” rating and issued a $77.00 price objective (up from $74.00) on shares of Ashland Global in a report on Tuesday, September 26th. Finally, SunTrust Banks restated a “buy” rating and issued a $74.00 price objective on shares of Ashland Global in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $82.57.

In other news, SVP Anne T. Schumann sold 8,507 shares of the company’s stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $73.46, for a total value of $624,924.22. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO J Kevin Willis sold 8,152 shares of the company’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $70.70, for a total transaction of $576,346.40. The disclosure for this sale can be found here. Insiders sold a total of 36,582 shares of company stock worth $2,633,323 over the last ninety days. Insiders own 1.14% of the company’s stock.

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About Ashland Global

Ashland Inc is engaged in specialty chemicals, and through Valvoline, is a consumer-branded lubricant supplier. The Company operates in three segments: Ashland Specialty Ingredients (Specialty Ingredients), Ashland Performance Materials (Performance Materials) and Valvoline. Its Specialty Ingredients segment is engaged in providing cellulose ethers, vinyl pyrrolidones and biofunctionals, and consists of two divisions: Consumer Specialties and Industrial Specialties.

Insider Buying and Selling by Quarter for Ashland Global (NYSE:ASH)

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