Ardmore Shipping (ASC) Stock Price, News & Analysis

Company Overview

Ardmore Shipping Corporation is a Bermuda-based provider of seaborne transportation services for refined petroleum products. The company owns and operates a modern fleet of product tankers, including medium-range (MR), long-range 2 (LR2) and Aframax vessels. Ardmore Shipping focuses on the ocean carriage of clean and dirty petroleum products under time charters, bareboat charters and spot voyages, serving a diverse customer base that includes major oil companies and trading houses.

Since its founding in 2005, Ardmore Shipping has grown its fleet through newbuilding contracts, second-hand acquisitions and fleet renewals, aiming to maintain a high quality, fuel-efficient profile. The company’s vessels typically range from 45,000 to 115,000 deadweight tons, and are equipped to carry a broad slate of petroleum cargoes. With offices in Bermuda and Dublin, Ardmore Shipping positions its fleet to serve key global trade lanes, including the U.S. Gulf Coast, Europe, the Mediterranean, the Middle East and Asia.

Ardmore Shipping completed its initial public offering on the New York Stock Exchange in late 2014, raising capital to support fleet expansion and diversification. The company’s management team brings extensive experience in marine operations, chartering, finance and risk management. Ardmore Shipping maintains a focus on operational excellence, safety and environmental compliance, seeking to meet evolving regulatory standards and customer expectations in the tanker market.

Key Stats

• Today's Range: $12.17 to $12.36
• 50-Day Range: $9.81 to $12.36
• 52-Week Range: $8.32 to $18.79
• Volume: 112,403 shs
• Average Volume: 637,829 shs
• Market Capitalization: $495.97 million
• P/E Ratio: 11.86
• Dividend Yield: 2.29%
• Price Target: $12.67
• Consensus Rating: Buy

Ardmore Shipping Stock Analysis - MarketRank™

Ardmore Shipping scored higher than 78% of companies evaluated by MarketBeat, and ranked 42nd out of 125 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Buy

Consensus Rating

Ardmore Shipping has received a consensus rating of Buy. The company's average rating score is 3.20, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Ardmore Shipping is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Ardmore Shipping has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 30.19%

Earnings Growth

Earnings for Ardmore Shipping are expected to grow by 30.19% in the coming year, from $1.06 to $1.38 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ardmore Shipping is 11.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 278.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ardmore Shipping is 11.86, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.64.

Price to Book Value per Share Ratio

Ardmore Shipping has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.98% of the outstanding shares of Ardmore Shipping have been sold short.

Short Interest Ratio / Days to Cover

Ardmore Shipping has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Ardmore Shipping has recently increased by 18.54%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Ardmore Shipping pays a meaningful dividend of 2.26%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Ardmore Shipping does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Ardmore Shipping is 27.18%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 20.29% next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.4 / 5
• Environmental Score: -6.65

Percentage of Shares Shorted

5.98% of the outstanding shares of Ardmore Shipping have been sold short.

Short Interest Ratio / Days to Cover

Ardmore Shipping has a short interest ratio ("days to cover") of 4.1.

Change versus previous month

Short interest in Ardmore Shipping has recently increased by 18.54%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

Ardmore Shipping has a news sentiment score of 1.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.96 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Ardmore Shipping this week, compared to 3 articles on an average week.

Search Interest

Only 7 people have searched for ASC on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ardmore Shipping insiders have not sold or bought any company stock.

Percentage Held by Institutions

62.22% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ASC Stock Analysis - Frequently Asked Questions

How have ASC shares performed this year?

Ardmore Shipping's stock was trading at $12.15 at the start of the year. Since then, ASC stock has increased by 0.5% and is now trading at $12.21.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corporation (NYSE:ASC) issued its earnings results on Wednesday, July, 30th. The shipping company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04. The company's revenue for the quarter was down 40.6% on a year-over-year basis.
Read the conference call transcript.

Who are Ardmore Shipping's major shareholders?

Top institutional shareholders of Ardmore Shipping include Kingstone Capital Partners Texas LLC (5.39%), American Century Companies Inc. (4.04%), Arrowstreet Capital Limited Partnership (3.68%) and Private Management Group Inc. (3.06%).
View institutional ownership trends.

How do I buy shares of Ardmore Shipping?

Shares of ASC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Ardmore Shipping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ardmore Shipping investors own include NVIDIA (NVDA), Meta Platforms (META), Invesco QQQ (QQQ), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 6/13 Dividend: 5/30/2025
• Record date for 6/13 Dividend: 6/02/2025
• Dividend Payable: 6/13/2025
• Last Earnings: 7/30/2025
• Record date for 9/12 Dividend: 8/29/2025
• Ex-Dividend for 9/12 Dividend: 8/29/2025
• Today: 9/10/2025
• Dividend Payable: 9/12/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NYSE:ASC
• CIK: 1577437
• Web: ardmoreshipping.com
• Phone: (441) 405-7800
• Fax: N/A
• Employees: 990
• Year Founded: 2010

Price Target and Rating

• Average Price Target for Ardmore Shipping: $12.67
• High Price Target: $14.00
• Low Price Target: $11.00
• Potential Upside/Downside: +2.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.03
• Trailing P/E Ratio: 12.00
• Forward P/E Ratio: 11.66
• P/E Growth: N/A
• Net Income: $133.01 million
• Net Margins: 14.48%
• Pretax Margin: 16.04%
• Return on Equity: 8.46%
• Return on Assets: 7.38%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 3.88
• Quick Ratio: 3.56

Sales & Book Value

• Annual Sales: $405.78 million
• Price / Sales: 1.24
• Cash Flow: $3.92 per share
• Price / Cash Flow: 3.15
• Book Value: $15.02 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 40,620,000
• Free Float: N/A
• Market Cap: $502.10 million
• Optionable: Optionable
• Beta: 0.12