Ardmore Shipping Corp. Company Profile (NYSE:ASC)

About Ardmore Shipping Corp.

Ardmore Shipping Corp. logoArdmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company's segment relates to the operations of its vessels. The Company's fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The Company's vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The Company has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ASC
  • CUSIP:
Key Metrics:
  • Previous Close: $7.29
  • 50 Day Moving Average: $7.34
  • 200 Day Moving Average: $8.07
  • 52-Week Range: C$6.46 - C$15.03
  • Trailing P/E Ratio: 5.99
  • Foreward P/E Ratio: 6.81
  • P/E Growth: 0.96
  • Market Cap: $237.10M
  • Outstanding Shares: 33,489,000
  • Beta: 1.3
Profitability:
  • Net Margins: 18.12%
  • Return on Equity: 8.47%
  • Return on Assets: 3.98%
Debt:
  • Debt-to-Equity Ratio: 0.82%
  • Current Ratio: 2.89%
  • Quick Ratio: 2.79%
Additional Links:
Companies Related to Ardmore Shipping Corp.:

Analyst Ratings

Consensus Ratings for Ardmore Shipping Corp. (NYSE:ASC) (?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: C$13.00 (83.62% upside)

Analysts' Ratings History for Ardmore Shipping Corp. (NYSE:ASC)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
9/12/2016Jefferies GroupReiterated RatingBuyView Rating Details
8/25/2016Morgan StanleyDowngradeOverweight -> Equal Weight$8.00View Rating Details
8/16/2016JPMorgan Chase & Co.Reiterated RatingBuyView Rating Details
8/3/2016Stifel NicolausReiterated RatingBuyView Rating Details
6/30/2016ABN AmroUpgradeSell -> HoldView Rating Details
6/15/2016Deutsche Bank AGReiterated RatingBuy$11.00View Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$13.00View Rating Details
11/5/2015Citigroup Inc.UpgradeAccumulate -> Buy$17.00View Rating Details
10/29/2015DanskeBoost Price TargetBuy$15.00 -> $16.00View Rating Details
10/7/2014GMP SecuritiesInitiated CoverageBuy$17.00View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Ardmore Shipping Corp. (NYSE:ASC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
8/2/2016Q216$0.14$0.18$32.49 million$39.70 millionViewN/AView Earnings Details
5/4/2016Q116$0.27$0.26$36.46 million$36.10 millionViewN/AView Earnings Details
2/3/2016Q415$0.25$0.21$34.87 million$41.80 millionViewN/AView Earnings Details
10/27/2015Q315$0.37$0.52$36.25 million$47.20 millionViewListenView Earnings Details
5/5/2015Q115$0.15$0.20$25.18 million$29.62 millionViewN/AView Earnings Details
2/3/2015Q414$0.06$0.07$18.45 million$22.30 millionViewN/AView Earnings Details
5/13/2014($0.02)($0.02)ViewN/AView Earnings Details
2/20/2014Q413($0.04)($0.07)$10.13 million$9.60 millionViewN/AView Earnings Details
11/11/2013Q3 13($0.09)($0.03)ViewN/AView Earnings Details
8/26/2013Q213($0.04)$7.03 million$8.35 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ardmore Shipping Corp. (NYSE:ASC)
Current Year EPS Consensus Estimate: $0.79 EPS
Next Year EPS Consensus Estimate: $1.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.28$0.28$0.28
Q2 20162$0.08$0.14$0.11
Q3 20162$0.00$0.15$0.08
Q4 20162$0.18$0.24$0.21
Q1 20171$0.28$0.28$0.28
Q2 20171$0.29$0.29$0.29
Q3 20171$0.30$0.30$0.30
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ardmore Shipping Corp. (NYSE:ASC)
Annual Dividend:$0.44
Dividend Yield:6.21%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:37.61% (Based on Trailing 12 Months of Earnings)
55.70% (Based on Current Year Consensus EPS Estimate)
42.31% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Ardmore Shipping Corp. (NYSE:ASC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2016quarterlyC$0.115.44%8/12/20168/16/20168/31/2016
5/5/2016quarterlyC$0.136.03%5/12/20165/16/20165/31/2016
2/3/2016QuarterlyC$0.136.66%2/10/20162/15/20162/29/2016
10/27/2015QuarterlyC$0.3111/4/201511/6/201511/16/2015
7/16/2015quarterlyC$0.103.02%7/29/20157/31/20158/14/2015
4/16/2015quarterlyC$0.103.73%4/28/20154/30/20155/15/2015
1/16/2015quarterlyC$0.103.51%1/28/20151/30/20152/18/2015
10/15/2014quarterlyC$0.104.11%10/29/201410/31/201411/18/2014
7/15/2014quarterlyC$0.103.18%7/29/20147/31/20148/14/2014
4/15/2014quarterlyC$0.103.13%4/28/20144/30/20145/15/2014
1/15/2014quarterlyC$0.102.74%1/29/20141/31/20142/14/2014
11/1/2013specialC$0.0711/6/201311/8/201311/20/2013
10/31/2013quarterlyC$0.0711/8/201311/20/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ardmore Shipping Corp. (NYSE:ASC)
Institutional Ownership Percentage: 63.20%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/7/2016Ryan KaltDirectorBuy19,500C$0.16C$3,120.00
3/30/2016Ryan KaltDirectorBuy6,000C$0.05C$270.00
3/29/2016Ryan KaltDirectorBuy5,000C$0.05C$250.00
3/18/2016Ryan KaltDirectorBuy5,000C$0.06C$275.00
3/16/2016Ryan KaltDirectorBuy57,500C$0.05C$2,875.00
1/15/2016Ryan KaltDirectorBuy5,000C$0.02C$100.00
11/17/2015Ryan KaltDirectorBuy2,000C$0.03C$60.00
8/18/2015Ryan KaltDirectorBuy29,000C$0.03C$870.00
7/30/2015Ryan KaltDirectorBuy14,000C$0.03C$350.00
7/23/2015Ryan KaltDirectorBuy100,000C$0.03C$3,000.00
7/22/2015Ryan KaltDirectorBuy5,000C$0.03C$150.00
7/8/2015Ryan KaltDirectorBuy30,000C$0.03C$900.00
7/7/2015Ryan KaltDirectorBuy25,000C$0.04C$875.00
7/6/2015Ryan KaltDirectorBuy20,000C$0.04C$700.00
6/26/2015Ryan KaltDirectorBuy100,000C$0.03C$3,000.00
5/5/2015Ryan KaltDirectorBuy5,000C$0.04C$175.00
4/14/2015Ryan KaltDirectorBuy17,000C$0.03C$425.00
4/9/2015Ryan KaltDirectorBuy1,000C$0.03C$25.00
4/7/2015Ryan KaltDirectorBuy15,000C$0.03C$375.00
4/2/2015Ryan KaltDirectorBuy8,000C$0.03C$200.00
3/31/2015Ryan KaltDirectorBuy1,000C$0.03C$30.00
3/27/2015Ryan KaltDirectorBuy102,000C$0.03C$3,060.00
3/18/2015Ryan KaltDirectorBuy96,500C$0.03C$2,895.00
3/18/2015Ryan KaltDirectorBuy96,500C$0.03C$2,895.00
1/5/2015Ryan KaltDirectorBuy3,000C$0.05C$135.00
12/12/2014Ryan KaltDirectorBuy4,500C$0.03C$135.00
12/4/2014Ryan KaltDirectorBuy3,333C$0.03C$99.99
11/26/2014Ryan KaltDirectorBuy5,000C$0.04C$200.00
11/6/2014Ryan KaltDirectorBuy55,000C$0.03C$1,375.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ardmore Shipping Corp. (NYSE:ASC)
DateHeadline
News IconAnalysts Take the Wheel on Ardmore Shipping Corporation (NYSE:ASC) Shares and Where They Might Be Headed - Frisco Fastball (NYSE:ASC)
friscofastball.com - September 30 at 8:50 AM
4-traders.com logoArdmore Shipping : Expected for Ardmore Shipping Corporation Sales of $177.483 (NYSE:ASC)
www.4-traders.com - September 29 at 3:49 PM
News IconKeeping an Eye on This Dividend Stock With Upside Potential: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 29 at 8:24 AM
stocksdaily.net logoArdmore Shipping Corporation (NYSE:ASC) Yearly EPS Estimated At $0.82 - Stocks Daily (NYSE:ASC)
www.stocksdaily.net - September 25 at 3:23 PM
4-traders.com logoArdmore Shipping Corporation : Expectation of $177.483 in Sales (NYSE:ASC)
www.4-traders.com - September 21 at 4:31 PM
investornewswire.com logoArdmore Shipping Corporation (NYSE:ASC)'s Expectation Of ... - Investor Newswire (NYSE:ASC)
www.investornewswire.com - September 21 at 8:41 AM
4-traders.com logoArdmore Shipping Corporation (Nyse:Asc) Records an Estimated Annual Sales Mean of $179.943 (NYSE:ASC)
www.4-traders.com - September 19 at 4:30 PM
News IconTracking This Dividend Stock With Possible Upside: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 16 at 3:36 PM
realistinvestor.com logoResearch Analysts Set Ardmore Shipping Corporation (NYSE:ASC)'s Price Target At $11 - RealistInvestor.com (NYSE:ASC)
www.realistinvestor.com - September 16 at 3:36 PM
News IconTaking a Look at This Dividend Stock With Potential Upside: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 14 at 8:51 PM
News IconAnalysts Place Ardmore Shipping Corporation (NYSE:ASC) Under the Lens of the Microscope - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 14 at 3:38 PM
News IconArdmore Shipping Corp. (NYSE: ASC) Buy Rating Reiterated at Jefferies Group - BNB Daily (blog) (NYSE:ASC)
www.baseball-news-blog.com - September 13 at 3:34 PM
capitalcube.com logoETF’s with exposure to Ardmore Shipping Corp. : September 13, 2016 (NYSE:ASC)
www.capitalcube.com - September 13 at 3:34 PM
prnewswire.com logoArdmore Shipping Announces Delivery of Three MR Product / Chemical Tankers - PR Newswire (press release) (NYSE:ASC)
www.prnewswire.com - September 13 at 8:24 AM
publicnow.com logoArdmore Shipping Announces Delivery of Three MR Product / Chemical Tankers (NYSE:ASC)
www.publicnow.com - September 13 at 8:24 AM
News IconFollowing Dividend Stock With Possible Upside: Ardmore Shipping ... - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 9 at 3:34 PM
News IconFollowing Dividend Stock With Possible Upside: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 9 at 3:34 PM
News IconTracking Dividend Stock With Upside Potential: Ardmore Shipping ... - Post News (NYSE:ASC)
www.kentuckypostnews.com - September 8 at 10:03 AM
News IconWhat are Analysts Saying About Ardmore Shipping Corporation (NYSE:ASC)? - Frisco Fastball (NYSE:ASC)
friscofastball.com - September 7 at 12:43 PM
News IconJefferies Group Reiterates Buy Rating for Ardmore Shipping Corp. (ASC) (NYSE:ASC)
www.hellenicshippingnews.com - August 31 at 8:25 AM
News IconStreet Consensus on Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - August 30 at 3:35 PM
News IconFocusing on Dividend Stock With Upside Possibility: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - August 29 at 4:12 PM
capitalcube.com logoETF’s with exposure to Ardmore Shipping Corp. : August 29, 2016 (NYSE:ASC)
www.capitalcube.com - August 29 at 4:12 PM
4-traders.com logoArdmore Shipping : Completes Annual Review of Securities Filings (NYSE:ASC)
www.4-traders.com - August 29 at 8:20 AM
News IconArdmore Shipping Completes Annual Assessment of Securities Filings. South Carolina SC (NYSE:ASC)
www.southcarolinasc.com - August 28 at 8:23 AM
News IconMorgan Stanley Lays Out Ardmore Shipping’s Bull, Bear Cases And Downgrades To Equal Weight (NYSE:ASC)
www.hellenicshippingnews.com - August 28 at 8:23 AM
finance.yahoo.com logoArdmore Shipping Completes Annual Review of Securities Filings (NYSE:ASC)
finance.yahoo.com - August 27 at 8:24 AM
finance.yahoo.com logo4:11 pm Ardmore Shipping completes annual review of securities filings (NYSE:ASC)
finance.yahoo.com - August 27 at 8:24 AM
benzinga.com logoUnited States Oil Fund ETF (ETF:USO), Ardmore Shipping ... - Benzinga (NYSE:ASC)
www.benzinga.com - August 26 at 11:44 AM
News IconArdmore Shipping Corp. (NYSE: ASC) stock downgraded at Morgan Stanley - BNB Daily (blog) (NYSE:ASC)
www.baseball-news-blog.com - August 26 at 11:44 AM
finance.yahoo.com logoArdmore Shipping downgraded by Morgan Stanley (NYSE:ASC)
finance.yahoo.com - August 25 at 3:39 PM
finance.yahoo.com logoMorgan Stanley Lays Out Ardmore Shipping's Bull, Bear Cases And Downgrades To Equal Weight (NYSE:ASC)
finance.yahoo.com - August 25 at 3:39 PM
investornewswire.com logoArdmore Shipping Corporation (NYSE:ASC) Reports Sales Of $39.719, Surprising Estimates By 24.425% - Investor Newswire (NYSE:ASC)
www.investornewswire.com - August 24 at 3:36 PM
News IconReview of Dividend Stock With Upside Potential: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - August 22 at 3:38 PM
investornewswire.com logoCan Ardmore Shipping Corporation (NYSE:ASC) Meet Analyst Targets? - Investor Newswire (NYSE:ASC)
www.investornewswire.com - August 20 at 3:36 PM
News IconRecap on Dividend Stock With Possible Upside: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - August 19 at 4:14 PM
realistinvestor.com logoAnalysts Set $11.25 Price Target For Ardmore Shipping Corporation (NYSE:ASC) - RealistInvestor.com (NYSE:ASC)
www.realistinvestor.com - August 19 at 4:14 PM
capitalcube.com logoETF’s with exposure to Ardmore Shipping Corp. : August 18, 2016 (NYSE:ASC)
www.capitalcube.com - August 18 at 9:04 PM
News IconReview of Dividend Stock With Upside Possibilities: Ardmore Shipping Corporation (NYSE:ASC) - Post News (NYSE:ASC)
www.kentuckypostnews.com - August 17 at 11:49 AM
investornewswire.com logoAnalysts See Sales Of $179.943 For Ardmore Shipping Corporation (NYSE:ASC) - Investor Newswire (NYSE:ASC)
www.investornewswire.com - August 16 at 8:54 PM
investornewswire.com logoArdmore Shipping Corporation (NYSE:ASC) Rating In Focus - Investor Newswire (NYSE:ASC)
www.investornewswire.com - August 10 at 4:00 PM
investornewswire.com logoArdmore Shipping Corporation (NYSE:ASC) Records An Estimated Annual Sales Mean Of $179.943 - Investor Newswire (NYSE:ASC)
www.investornewswire.com - August 10 at 9:13 AM
News IconArdmore Shipping Corp. (ASC) Declares C$0.11 Quarterly Dividend - Hellenic Shipping News Worldwide (NYSE:ASC)
www.hellenicshippingnews.com - August 8 at 3:38 PM
capitalcube.com logoETF’s with exposure to Ardmore Shipping Corp. : August 8, 2016 (NYSE:ASC)
www.capitalcube.com - August 8 at 3:38 PM
fxpips.com logoTransportation Stocks Biggest Movers, Aug. 8 (NYSE:ASC)
www.fxpips.com - August 8 at 8:23 AM
News IconGurnee bullish on MR future (NYSE:ASC)
www.tankeroperator.com - August 5 at 12:00 PM
capitalcube.com logoArdmore Shipping Corp. :ASC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:ASC)
www.capitalcube.com - August 5 at 12:00 PM
equities.com logoArdmore Shipping Corporation (ASC) Jumps 9.35% on August 02 - Equities.com (NYSE:ASC)
www.equities.com - August 2 at 9:15 PM
sg.finance.yahoo.com logoArdmore Shipping beats Street 2Q forecasts (NYSE:ASC)
sg.finance.yahoo.com - August 2 at 3:37 PM
publicnow.com logoArdmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2016 (NYSE:ASC)
www.publicnow.com - August 2 at 3:37 PM

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Ardmore Shipping Corp. (NYSE:ASC) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff