Alert: Negative Investment/Fundamental Signals (11/25/19)-Ashland Global Holdings Inc (NYSE: ASH)


Extremely significant negative changes in Ashland Global Holdings Inc (NYSE: ASH) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Ashland Global Holdings Inc (NYSE: ASH) suffers from notable negative changes in fundamentals: the consensus estimate for September, 2020 decreased significantly, and the consensus estimate for September, 2021 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ASH is expected to be a modest Value Builder.

Ashland Glob Hldgs has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ashland Glob Hldgs has a neutral Appreciation Score of 46 and a slightly negative Power Rating of 39, leading to the Low Neutral Value Trend Rating.

Recent Price Action

Ashland Global Holdings Inc (NYSE: ASH) stock declined modestly by -0.4% on 11/25/19. The stock closed at $71.80. NORMAL trading volume accompanied the decline. The stock has declined -8.9% during the last week and has performed in line with the market over the last nine months.

About John Lafferty 61370 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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