Ardmore Shipping Stock Price, News & Analysis (NYSE:ASC) $14.11 +0.51 (+3.75%) (As of 10:39 AM ET) Add Compare Share Share Today's Range$13.66▼$14.1150-Day Range$11.85▼$14.0052-Week Range$11.59▼$19.41Volume153,725 shsAverage Volume742,698 shsMarket Capitalization$601.79 millionP/E Ratio4.17Dividend Yield4.54%Price Target$18.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Ardmore Shipping MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.1% Upside$18.50 Price TargetShort InterestHealthy2.05% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.65Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth-21.27%From $2.68 to $2.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.37 out of 5 starsTransportation Sector43rd out of 116 stocksDeep Sea Foreign Transportation Of Freight Industry12th out of 25 stocks 3.5 Analyst's Opinion Consensus RatingArdmore Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.50, Ardmore Shipping has a forecasted upside of 32.1% from its current price of $14.00.Amount of Analyst CoverageArdmore Shipping has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.05% of the outstanding shares of Ardmore Shipping have been sold short.Short Interest Ratio / Days to CoverArdmore Shipping has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ardmore Shipping has recently increased by 0.83%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipArdmore Shipping is a leading dividend payer. It pays a dividend yield of 4.72%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArdmore Shipping does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ardmore Shipping is 18.93%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 30.33% next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArdmore Shipping has received a -78.74% net impact score from Upright. The largest negative impact of Ardmore Shipping in category "GHG emissions" seems to be driven mostly by its "Diesel ship freight transport services for the oil industry", "Diesel ship freight transport services", and "Diesel ship freight transport services for the chemicals industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Ardmore Shipping is -6.65. Previous Next 2.3 News and Social Media Coverage News SentimentArdmore Shipping has a news sentiment score of 1.12. 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 0.41 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ardmore Shipping this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for ASC on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ardmore Shipping insiders have not sold or bought any company stock.Percentage Held by Institutions71.45% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ardmore Shipping are expected to decrease by -21.27% in the coming year, from $2.68 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is 4.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Ardmore Shipping is 4.14, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.79.Price to Book Value per Share RatioArdmore Shipping has a P/B Ratio of 1.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ardmore Shipping Stock (NYSE:ASC)Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of March 15, 2023, the company operated a fleet of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and five chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Pembroke, Bermuda.Read More ASC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASC Stock News HeadlinesNovember 26, 2023 | americanbankingnews.comArdmore Shipping (NYSE:ASC) Shares Gap Up to $13.51November 24, 2023 | finance.yahoo.comIs It Smart To Buy Ardmore Shipping Corporation (NYSE:ASC) Before It Goes Ex-Dividend?December 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 16, 2023 | seekingalpha.comWhy I Continue To Include Ardmore Shipping In My Value PortfolioNovember 9, 2023 | finance.yahoo.comHere's Why We Think Ardmore Shipping (NYSE:ASC) Is Well Worth WatchingNovember 7, 2023 | seekingalpha.comArdmore Shipping Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 7, 2023 | finance.yahoo.comArdmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2023November 2, 2023 | markets.businessinsider.comCleaves Securities Reaffirms Their Buy Rating on Ardmore Shipping (ASC)December 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.October 31, 2023 | morningstar.comArdmore Shipping Corp ASCOctober 31, 2023 | finance.yahoo.comWhat's in Store for Ardmore Shipping (ASC) in Q3 Earnings?October 26, 2023 | finance.yahoo.com3 Shipping Stocks to Bet on From a Promising IndustryOctober 26, 2023 | msn.comArdmore Shipping: Lagging Peers, Time To Catch UpOctober 26, 2023 | finance.yahoo.comZacks.com featured highlights Vista Oil & Gas, NVIDIA and Ardmore ShippingOctober 25, 2023 | finance.yahoo.comArdmore Shipping (ASC) Advances While Market Declines: Some Information for InvestorsOctober 24, 2023 | finance.yahoo.comArdmore Shipping Announces Third Quarter 2023 Conference Call and WebcastOctober 18, 2023 | finance.yahoo.comArdmore Shipping (ASC) Stock Moves -0.29%: What You Should KnowOctober 12, 2023 | finance.yahoo.com(ASC) Gains As Market Dips: What You Should KnowOctober 7, 2023 | finance.yahoo.comAre Investors Undervaluing Ardmore Shipping Corporation (NYSE:ASC) By 31%?October 6, 2023 | finance.yahoo.comArdmore Shipping (ASC) Ascends But Remains Behind Market: Some Facts to NoteOctober 3, 2023 | seekingalpha.comArdmore Shipping: Transformation Phase, Sustainability Efforts, And CheapOctober 2, 2023 | finance.yahoo.comBest Income Stocks to Buy for October 2ndOctober 2, 2023 | finance.yahoo.comBest Value Stocks to Buy for October 2ndSeptember 20, 2023 | finance.yahoo.comIs Weakness In Ardmore Shipping Corporation (NYSE:ASC) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?September 18, 2023 | markets.businessinsider.comCleaves Securities Sticks to Their Buy Rating for Ardmore Shipping (ASC)September 15, 2023 | finance.yahoo.comArdmore Shipping (ASC) Stock Moves -1.11%: What You Should KnowSeptember 10, 2023 | msn.comArdmore Shipping: TCE Rates Rebounding And The Stock Is Attractively PricedSee More Headlines Receive ASC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ardmore Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/15 Dividend8/30/2023Dividend Payable9/15/2023Last Earnings11/07/2023Ex-Dividend for 12/15 Dividend11/29/2023Today11/30/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/13/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:ASC CUSIPN/A CIK1577437 Webardmoreshipping.com Phone(441) 405-7800FaxN/AEmployees56Year Founded2010Price Target and Rating Average Stock Price Target$18.50 High Stock Price Target$19.00 Low Stock Price Target$18.00 Potential Upside/Downside+36.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.38 Trailing P/E Ratio4.03 Forward P/E Ratio5.08 P/E GrowthN/ANet Income$138.45 million Net Margins33.43% Pretax Margin33.75% Return on Equity29.15% Return on Assets20.55% Debt Debt-to-Equity Ratio0.17 Current Ratio2.90 Quick Ratio2.55 Sales & Book Value Annual Sales$445.74 million Price / Sales1.30 Cash Flow$4.52 per share Price / Cash Flow3.01 Book Value$12.12 per share Price / Book1.12Miscellaneous Outstanding Shares42,650,000Free FloatN/AMarket Cap$580.25 million OptionableOptionable Beta0.57 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Anthony Gurnee CFA (Age 63)Founder, President, CEO & Director Mr. Bart B. Kelleher (Age 48)Secretary & CFO Mr. Mark Cameron (Age 57)Executive VP & COO Mr. Barry O'NeillDirector of AccountingSuraj BatraTechnical ManagerNadia MatherDirector of LegalMs. Jacqueline KellyManager of HR & Corporate ServicesMr. Gernot Ruppelt (Age 42)Senior VP & Chief Commercial Officer Ms. Holly S. CummingsHead of Commercial (West) AmericasAshish MalikManaging Director of Anglo Ardmore Joint VentureMore ExecutivesKey CompetitorsTsakos Energy NavigationNYSE:TNPGenco Shipping & TradingNYSE:GNKGlobal Ship LeaseNYSE:GSLTeekayNYSE:TKEagle Bulk ShippingNASDAQ:EGLEView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 101,152 shares on 11/30/2023Ownership: 0.569%Deutsche Bank AGBought 2,712 shares on 11/24/2023Ownership: 0.044%Wolverine Trading LLCBought 28,100 shares on 11/16/2023Ownership: 0.000%Tudor Investment Corp Et AlSold 1,604 shares on 11/16/2023Ownership: 0.120%Ameriprise Financial Inc.Sold 5,384 shares on 11/15/2023Ownership: 0.208%View All Institutional Transactions ASC Stock Analysis - Frequently Asked Questions Should I buy or sell Ardmore Shipping stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ASC shares. View ASC analyst ratings or view top-rated stocks. What is Ardmore Shipping's stock price target for 2024? 2 brokers have issued 1 year price targets for Ardmore Shipping's stock. Their ASC share price targets range from $18.00 to $19.00. On average, they predict the company's share price to reach $18.50 in the next year. This suggests a possible upside of 32.1% from the stock's current price. View analysts price targets for ASC or view top-rated stocks among Wall Street analysts. How have ASC shares performed in 2023? Ardmore Shipping's stock was trading at $14.41 at the beginning of the year. Since then, ASC stock has decreased by 2.8% and is now trading at $14.00. View the best growth stocks for 2023 here. Are investors shorting Ardmore Shipping? Ardmore Shipping saw a drop in short interest in October. As of October 31st, there was short interest totaling 868,400 shares, a drop of 11.5% from the October 15th total of 980,800 shares. Based on an average daily trading volume, of 550,000 shares, the short-interest ratio is presently 1.6 days. View Ardmore Shipping's Short Interest. When is Ardmore Shipping's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our ASC earnings forecast. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Co. (NYSE:ASC) issued its earnings results on Tuesday, November, 7th. The shipping company reported $0.49 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.43 by $0.06. The shipping company had revenue of $56.30 million for the quarter, compared to the consensus estimate of $53.94 million. Ardmore Shipping had a trailing twelve-month return on equity of 29.15% and a net margin of 33.43%. How often does Ardmore Shipping pay dividends? What is the dividend yield for Ardmore Shipping? Ardmore Shipping announced a quarterly dividend on Tuesday, November 7th. Stockholders of record on Thursday, November 30th will be given a dividend of $0.16 per share on Friday, December 15th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date is Wednesday, November 29th. Read our dividend analysis for ASC. Is Ardmore Shipping a good dividend stock? Ardmore Shipping (NYSE:ASC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 4.72%. ASC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 18.93%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASC will have a dividend payout ratio of 30.33% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASC. What ETFs hold Ardmore Shipping's stock? ETFs with the largest weight of Ardmore Shipping (NYSE:ASC) stock in their portfolio include Inspire Fidelis Multi Factor ETF (FDLS).SonicShares Global Shipping ETF (BOAT). What is Nick Beighton's approval rating as Ardmore Shipping's CEO? 415 employees have rated Ardmore Shipping Chief Executive Officer Nick Beighton on Glassdoor.com. Nick Beighton has an approval rating of 55% among the company's employees. This puts Nick Beighton in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Ardmore Shipping own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ardmore Shipping investors own include Petra Diamonds (PDL), General Electric (GE), Intelsat (I), AT&T (T), Scorpio Tankers (STNG), AMC Entertainment (AMC), Energy Transfer (ET), Advanced Micro Devices (AMD), Zynga (ZNGA) and Bank of America (BAC). Who are Ardmore Shipping's major shareholders? Ardmore Shipping's stock is owned by a number of institutional and retail investors. Top institutional investors include Private Management Group Inc. (4.00%), JPMorgan Chase & Co. (1.58%), Sei Investments Co. (1.24%), Federated Hermes Inc. (0.93%), Great Lakes Advisors LLC (0.89%) and Northern Trust Corp (0.84%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:ASC) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ardmore Shipping Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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