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NYSE:ASC

Ardmore Shipping (ASC) Stock Price, News & Analysis

$20.77
-0.53 (-2.49%)
(As of 07/24/2024 ET)
Today's Range
$20.74
$21.50
50-Day Range
$19.61
$23.38
52-Week Range
$11.78
$23.44
Volume
504,977 shs
Average Volume
677,646 shs
Market Capitalization
$843.89 million
P/E Ratio
7.96
Dividend Yield
5.97%
Price Target
$23.67

Ardmore Shipping MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
13.9% Upside
$23.67 Price Target
Short Interest
Healthy
6.60% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.65
Upright™ Environmental Score
News Sentiment
0.72mentions of Ardmore Shipping in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-38.15%
From $3.25 to $2.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.14 out of 5 stars

Transportation Sector

46th out of 117 stocks

Deep Sea Foreign Transportation Of Freight Industry

9th out of 32 stocks

ASC stock logo

About Ardmore Shipping Stock (NYSE:ASC)

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.

ASC Stock Price History

ASC Stock News Headlines

Ardmore Shipping (ASC) to Release Quarterly Earnings on Wednesday
Ardmore Shipping Is A Buy For Its Yield And Adaptability
Forecaster with 99.8% Accuracy Makes Shocking Prediction
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Forecaster with 99.8% Accuracy Makes Shocking Prediction
Starting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.
Ardmore Shipping enjoys tanker market revenge
New Strong Buy Stocks for May 10th
Ardmore Shipping: Q1 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
5/08/2024
Ex-Dividend for 6/14 Dividend
5/31/2024
Dividend Payable
6/14/2024
Today
7/24/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Fax
N/A
Employees
56
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$23.67
High Stock Price Target
$26.00
Low Stock Price Target
$21.00
Potential Upside/Downside
+13.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$116.81 million
Pretax Margin
29.53%

Debt

Sales & Book Value

Annual Sales
$395.98 million
Cash Flow
$3.42 per share
Book Value
$12.60 per share

Miscellaneous

Free Float
N/A
Market Cap
$843.89 million
Optionable
Optionable
Beta
0.39

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Key Executives

  • Mr. Anthony Gurnee CFA (Age 64)
    Founder, President, CEO & Director
  • Mr. Bart B. Kelleher (Age 48)
    Secretary & CFO
  • Mr. Mark Cameron (Age 58)
    Executive VP & COO
  • Mr. Barry O'Neill
    Director of Accounting
  • Nadia Mather
    Director of Legal
  • Mr. Gernot Ruppelt (Age 43)
    Senior VP & Chief Commercial Officer
  • Ms. Holly S. Cummings
    Head of Commercial (West) Americas
  • Ms. Aideen O'Driscoll (Age 37)
    Senior Vice President & Director of Corporate Services
  • Ashish Malik
    Managing Director of Anglo Ardmore Joint Venture
  • Gerald Tan
    Head of Commercial (East) & GM of Singapore Office

ASC Stock Analysis - Frequently Asked Questions

How have ASC shares performed this year?

Ardmore Shipping's stock was trading at $14.09 on January 1st, 2024. Since then, ASC stock has increased by 47.4% and is now trading at $20.77.
View the best growth stocks for 2024 here
.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Co. (NYSE:ASC) posted its earnings results on Wednesday, May, 8th. The shipping company reported $0.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.05. Ardmore Shipping's revenue was down 10.1% compared to the same quarter last year.

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.

Who are Ardmore Shipping's major shareholders?

Top institutional shareholders of Ardmore Shipping include SG Americas Securities LLC (0.59%), Wedge Capital Management L L P NC (0.17%), Summit Global Investments (0.13%) and Redhawk Wealth Advisors Inc. (0.12%).
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.
Compare Top Brokerages Here.

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 Petra Diamonds (PDL), General Electric (GE), Intelsat (I), AT&T (T), Scorpio Tankers (STNG), AMC Entertainment (AMC) and Energy Transfer (ET).

This page (NYSE:ASC) was last updated on 7/24/2024 by MarketBeat.com Staff

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