Analysts See $0.26 EPS for Ashland Global Holdings Inc. (ASH); Hawk Ridge Management Has Lifted Orion Engineered Carbons S A (OEC) Stake By $2.52 Million

Ashland Global Holdings Inc. (NYSE:ASH) Logo

Hawk Ridge Management Llc increased Orion Engineered Carbons S A (OEC) stake by 19.62% reported in 2018Q3 SEC filing. Hawk Ridge Management Llc acquired 78,849 shares as Orion Engineered Carbons S A (OEC)’s stock declined 23.62%. The Hawk Ridge Management Llc holds 480,788 shares with $15.43 million value, up from 401,939 last quarter. Orion Engineered Carbons S A now has $1.62B valuation. The stock increased 1.38% or $0.37 during the last trading session, reaching $27.19. About 293,741 shares traded. Orion Engineered Carbons, S.A. (NYSE:OEC) has risen 11.30% since January 11, 2018 and is uptrending. It has outperformed by 11.30% the S&P500. Some Historical OEC News: 11/04/2018 – Moody’s: Outlook on All Orion Ratings Changed to Positive From Stable; 11/04/2018 – Moody’s: Positive Outlook Reflects View Orion’s Operational Performance Will Remain Solid This Year; 13/04/2018 – Orion Engineered Carbons Plans to Install Innovative Pollution Control Technology at Its Louisiana Plant; 05/03/2018 Orion Announces Filing of Annual Report for the Year Ended December 31, 2017; 14/05/2018 – Cardinal Capital Buys New 1.2% Position in Orion Engineered; 15/05/2018 – Brenner West Capital Advisors Buys 1.4% of Orion Engineered; 14/05/2018 – Westfield Capital Company Buys 2% Position in Orion Engineered; 17/05/2018 – ORION ENGINEERED CARBONS SA – QTRLY REVENUE INCREASED BY $82.6 MILLION TO $406.7 MILLION COMPARED TO THE FIRST QUARTER OF 2017; 17/05/2018 – ORION ENGINEERED CARBONS SA – QTRLY ADJ EPS $0.52; 17/05/2018 – ORION ENGINEERED CARBONS SA – INCREASING OUTLOOK FOR FULL YEAR ADJUSTED EBITDA TO BETWEEN $280 MLN AND $300 MLN

Analysts expect Ashland Global Holdings Inc. (NYSE:ASH) to report $0.26 EPS on February, 4.They anticipate $0.20 EPS change or 43.48% from last quarter’s $0.46 EPS. ASH’s profit would be $16.28M giving it 71.05 P/E if the $0.26 EPS is correct. After having $0.97 EPS previously, Ashland Global Holdings Inc.’s analysts see -73.20% EPS growth. The stock increased 0.59% or $0.43 during the last trading session, reaching $73.89. About 352,027 shares traded. Ashland Global Holdings Inc. (NYSE:ASH) has risen 6.68% since January 11, 2018 and is uptrending. It has outperformed by 6.68% the S&P500. Some Historical ASH News: 02/05/2018 – ASHLAND EARNINGS CALL CONCLUDES; 01/05/2018 – ASHLAND GLOBAL COMMENTS IN SLIDE PRESENTATION; 02/05/2018 – ASHLAND SEES SIGNIFICANT INTEREST IN COMPOSITES, MARL BDO; 20/03/2018 – Ashland Global Holdings Board Approves New $1B Shr Repurchase Authorization; 01/05/2018 – Ashland Global Holdings 2Q EPS $1.04; 20/03/2018 – Specialty Chemicals Company Ashland Mulls Asset Sales — MarketWatch; 20/03/2018 – Ashland Global Holdings Expects to Use Proceeds From Possible Sale of the Assets Primarily for Debt Reduction, Shr Repurchases; 20/03/2018 – Ashland Global Holdings to Explore Strategic Alternatives for Its Composites Segment; 01/05/2018 – ASHLAND SEES FISCAL ’18 ADJ. EPS $3.30 TO $3.50, EST. $3.17; 20/03/2018 – ASHLAND GLOBAL HOLDINGS INC – OUTLOOK FOR YEAR HAS NOT CHANGED

Hawk Ridge Management Llc decreased Milacron Hldgs Corp stake by 58,900 shares to 468,189 valued at $9.48M in 2018Q3. It also reduced Elevate Credit Inc stake by 102,157 shares and now owns 1.74M shares. Team Inc (NYSE:TISI) was reduced too.

Among 2 analysts covering Orion Engineered Carbons (NYSE:OEC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Orion Engineered Carbons had 2 analyst reports since July 13, 2018 according to SRatingsIntel. UBS upgraded it to “Buy” rating and $34 target in Tuesday, November 20 report. As per Friday, July 13, the company rating was downgraded by KeyBanc Capital Markets.

More notable recent Orion Engineered Carbons, S.A. (NYSE:OEC) news were published by: Businesswire.com which released: “Orion Engineered Carbons Implements EPA Surcharge in North America – Business Wire” on December 20, 2018, also Businesswire.com with their article: “Orion Engineered Carbons’ CEO Corning Painter Purchased OEC Stock – Business Wire” published on November 14, 2018, Seekingalpha.com published: “Orion Engineered Carbons S.A. (OEC) CEO Corning Painter on Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” on November 02, 2018. More interesting news about Orion Engineered Carbons, S.A. (NYSE:OEC) were released by: Businesswire.com and their article: “Moody’s Rating Upgrade for Orion Engineered Carbons – Business Wire” published on November 20, 2018 as well as Seekingalpha.com‘s news article titled: “Orion Engineered Carbons (OEC) CEO Jack Clem on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 05, 2018.

Ashland Global Holdings Inc. provides specialty chemical solutions worldwide. The company has market cap of $4.63 billion. It operates through Specialty Ingredients, Performance Materials, and Valvoline divisions. It has a 41.03 P/E ratio. The firm provides products, technologies, and resources for solving formulation and product-performance challenges.

Investors sentiment decreased to 0 in 2018 Q3. Its down Infinity, from Infinity in 2018Q2. It worsened, as 1 investors sold Ashland Global Holdings Inc. shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 45,035 shares or 51.27% less from 92,420 shares in 2018Q2 were reported. Todd Asset Ltd Co reported 2,606 shares. Bruce And invested in 0.41% or 25,000 shares. Novare Cap Management Ltd holds 0.19% of its portfolio in Ashland Global Holdings Inc. (NYSE:ASH) for 13,990 shares. Kentucky-based Alphamark Advisors Limited Liability Co has invested 0% in Ashland Global Holdings Inc. (NYSE:ASH). Gemmer Asset Mngmt Ltd Limited Liability Company holds 0% or 133 shares in its portfolio. Fruth Inv Management invested in 0.11% or 3,200 shares.

Among 5 analysts covering Ashland Global Holdings (NYSE:ASH), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ashland Global Holdings had 8 analyst reports since August 2, 2018 according to SRatingsIntel. Credit Suisse maintained the shares of ASH in report on Thursday, November 8 with “Outperform” rating. JP Morgan maintained Ashland Global Holdings Inc. (NYSE:ASH) on Friday, August 24 with “Neutral” rating. The rating was maintained by Deutsche Bank on Wednesday, January 2 with “Buy”. Credit Suisse maintained Ashland Global Holdings Inc. (NYSE:ASH) rating on Thursday, August 2. Credit Suisse has “Outperform” rating and $95 target. The firm has “Buy” rating by UBS given on Tuesday, October 2. The firm has “Outperform” rating given on Thursday, August 2 by BMO Capital Markets. The rating was upgraded by JP Morgan on Thursday, December 27 to “Overweight”. Deutsche Bank maintained it with “Buy” rating and $100 target in Friday, November 16 report.

More notable recent Ashland Global Holdings Inc. (NYSE:ASH) news were published by: Bizjournals.com which released: “Ashland investor seeks new board members in proxy fight – Cincinnati Business Courier” on January 10, 2019, also Benzinga.com with their article: “A Peek Into The Markets: US Stock Futures Down; Dow Futures Fall Over 300 Points – Benzinga” published on December 27, 2018, Globenewswire.com published: “New Research: Key Drivers of Growth for Ashland Global, Intellia Therapeutics, Thor Industries, Zogenix, BWX Technologies, and Heidrick & Struggles International — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” on December 17, 2018. More interesting news about Ashland Global Holdings Inc. (NYSE:ASH) were released by: Bizjournals.com and their article: “Alabama Power cites coal ash regs as residential rates set to rise – Birmingham Business Journal” published on January 07, 2019 as well as Forbes.com‘s news article titled: “Ashland Divests Stake In Valvoline Through IPO In Two Step Separation – Forbes Now” with publication date: September 26, 2016.

Orion Engineered Carbons, S.A. (NYSE:OEC) Ratings Chart

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