Double Your Money In Valvoline By Betting Against Disruption [Seeking Alpha]
Ashland Inc. (ASH)
Last ashland inc. earnings: 1/27 05:00 pm
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US:NYSE Investor Relations:
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Source: Seeking Alpha
Summary Last Friday, J.P. Morgan gave investors a gift by downgrading motor oil maker Valvoline ( VVV ), sending shares down as much as 10% intraday. The reason for the downgrade? Fear that Amazon's (NASDAQ: AMZN ) disruptive wake will crush the motor oil market, thanks to the recent launch of AmazonBasics private label motor oil. In this article, I'll explain why there's little chance of Amazon displacing the company that literally invented the market for motor oil over 150 years ago. I'll also explain why Valvoline's highly profitable quick lube segment - making up 35% of operating income and growing - remains immune from Amazon's reach. The best part is Valvoline was on sale before this recent pullback. But now, with shares trading at $21.50 - the company is valued at just over 14 times next year's analyst earnings estimates of $1.47 per share - representing 14% growth over 2018's estimated $1.29 earnings per share (EPS). In addition to showing why investors have no
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News
- Ashland (ASH) to Divest Nutraceuticals Business to Turnspire [Yahoo! Finance]Yahoo! Finance
- Ashland Board appoints Ashish K. Kulkarni as new directorGlobeNewswire
- Ashland (ASH) is a Top-Ranked Momentum Stock: Should You Buy? [Yahoo! Finance]Yahoo! Finance
- $14.36 Billion Corrosion Protection Coating Markets - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2023 & 2024-2029F [Yahoo! Finance]Yahoo! Finance
- Global Third-Party Chemical Distribution Market by Type, Product, Application and Region - A $572 Million Industry by 2030, with a Growing Trend of Outsourcing Non-Core Activities [Yahoo! Finance]Yahoo! Finance
ASH
Earnings
- 4/30/24 - Beat
ASH
Sec Filings
- 5/9/24 - Form 4
- 5/9/24 - Form 8-K
- 5/8/24 - Form 4
- ASH's page on the SEC website