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Is this Large Market Cap Stock target price reasonable for Ashland Global Holdings Inc. (NYSE:ASH)?

The company in question is, Ashland Global Holdings Inc. (NYSE:ASH) currently with a stock price of 113.91 (-0.23% today). The market cap for Ashland Global Holdings Inc. is 7127.63, and is in the sector Basic Materials, and Chemicals РMajor Diversified industry. The target price for Ashland Global Holdings Inc. is 130.75. Currently Ashland Global Holdings Inc. is trading with a P/E of 33.39, and a forward P/E of 15.46. Average volume for Ashland Global Holdings Inc. is 589.79 and so far today it is 147904.

Performance in the last year for Ashland Global Holdings Inc. has been 9.75%. For EPS growth, Ashland Global Holdings Inc. has seen a growth of 199.90%, and is looking to grow in the next year to 8.38%. More long term stats show that EPS growth has been 20.00% over the last five years and could be 6.89% for the next five years. Ashland Global Holdings Inc. has seen sales growth quarter over quarter at -5.60%, with EPS growth quarter over quarter at -9.00%. The 20-day simple moving average is -2.32%, with the 200-day simple moving average coming to 4.10%.

Since the IPO date for Ashland Global Holdings Inc. on the 04/06/1983, Ashland Global Holdings Inc. has seen performance year to date to be 12.39%. With Ashland Global Holdings Inc. trading at 113.91, the dividend yield is 1.37%, and the EPS is 3.42.

So could Ashland Global Holdings Inc., be undervalued? Well as said before P/E is 33.39. The PEG is 4.85, P/S is 1.43 and the P/B is at 2.59. The P/cash is 5.87, with P/free cash flow at 29.7.

Ashland Global Holdings Inc. ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1.3. This is with long term debt/equity at 1.21, and total debt/equity at 1.49.

In terms of margins, Ashland Global Holdings Inc. has a gross margin of 31.40%, an operating margin of 7.60% and a profit margin of 3.90%.Payout ratio for Ashland Global Holdings Inc. is 50.10%. Return on assets come to 2.00% with return on investment coming to 5.40%.

Insider ownership for Ashland Global Holdings Inc., is at 0.10% and institutional ownership comes to 88.40%. Outstanding shares are at 62.43. While shares float is 61.63. The float short is currently 2.99%, and short ratio is 3.13.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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