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NYSE:ASC - Ardmore Shipping Stock Price, Forecast & News

$5.93
-0.18 (-2.95 %)
(As of 02/21/2020 08:00 AM ET)
Today's Range
$5.85
Now: $5.93
$6.05
50-Day Range
$5.36
MA: $7.03
$9.05
52-Week Range
$5.04
Now: $5.93
$9.79
Volume373,300 shs
Average Volume423,653 shs
Market Capitalization$196.28 million
P/E RatioN/A
Dividend YieldN/A
Beta1.35
Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of January 31, 2019, the company operated a fleet of 27 double-hulled product and chemical tankers, including 21 Eco-design and 6 Eco-mod vessels. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone441-405-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$230.04 million
Cash Flow$0.89 per share
Book Value$9.85 per share

Profitability

Net Income$-22,860,000.00

Miscellaneous

Employees1,128
Market Cap$196.28 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Ardmore Shipping (NYSE:ASC) Frequently Asked Questions

What is Ardmore Shipping's stock symbol?

Ardmore Shipping trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASC."

How often does Ardmore Shipping pay dividends? What is the dividend yield for Ardmore Shipping?

Ardmore Shipping declared a quarterly dividend on Wednesday, February 12th. Stockholders of record on Friday, February 21st will be paid a dividend of $0.05 per share on Friday, February 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date is Thursday, February 20th. View Ardmore Shipping's Dividend History.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) posted its earnings results on Tuesday, February, 11th. The shipping company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.03. The shipping company had revenue of $38.08 million for the quarter, compared to the consensus estimate of $38.91 million. Ardmore Shipping had a negative net margin of 9.94% and a negative return on equity of 2.78%. View Ardmore Shipping's Earnings History.

When is Ardmore Shipping's next earnings date?

Ardmore Shipping is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Ardmore Shipping.

What price target have analysts set for ASC?

4 equities research analysts have issued 12 month price targets for Ardmore Shipping's shares. Their forecasts range from $8.00 to $9.50. On average, they expect Ardmore Shipping's share price to reach $8.75 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price. View Analyst Price Targets for Ardmore Shipping.

What is the consensus analysts' recommendation for Ardmore Shipping?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ardmore Shipping.

Has Ardmore Shipping been receiving favorable news coverage?

News headlines about ASC stock have been trending negative on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ardmore Shipping earned a daily sentiment score of -2.2 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ardmore Shipping.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 259,100 shares, a drop of 33.7% from the January 15th total of 390,600 shares. Based on an average daily trading volume, of 249,300 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.8% of the company's stock are short sold. View Ardmore Shipping's Current Options Chain.

Who are some of Ardmore Shipping's key competitors?

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), Intelsat (I), AMC Entertainment (AMC), Fossil Group (FOSL), Scorpio Tankers (STNG), Ciena (CIEN), Cypress Semiconductor (CY), Bank of America (BAC), China Unicom (Hong Kong) (CHU) and Ford Motor (F).

Who are Ardmore Shipping's key executives?

Ardmore Shipping's management team includes the folowing people:
  • Mr. Anthony Gurnee CFA, Founder, Pres, CEO & Director (Age 59)
  • Mr. Paul Tivnan, Sr. VP, CFO, Treasurer & Sec. (Age 39)
  • Mr. Mark Cameron, Exec. VP & COO (Age 53)
  • Mr. Jorge Lavin, Director of Accounting
  • Ms. Aideen O'Driscoll, Director of HR

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by a number of of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (9.41%), Donald Smith & CO. Inc. (6.09%), Royce & Associates LP (4.58%), FMR LLC (4.41%), Renaissance Technologies LLC (2.74%) and Bank of New York Mellon Corp (2.54%). View Institutional Ownership Trends for Ardmore Shipping.

Which institutional investors are selling Ardmore Shipping stock?

ASC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Bank of New York Mellon Corp, Donald Smith & CO. Inc., Boston Partners, Acadian Asset Management LLC, Bank of America Corp DE, Dynamic Technology Lab Private Ltd and Franklin Resources Inc.. View Insider Buying and Selling for Ardmore Shipping.

Which institutional investors are buying Ardmore Shipping stock?

ASC stock was bought by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Signia Capital Management LLC, Goldman Sachs Group Inc., EAM Investors LLC, Renaissance Technologies LLC, EAM Global Investors LLC, Man Group plc and Banco Bilbao Vizcaya Argentaria S.A.. View Insider Buying and Selling for Ardmore Shipping.

How do I buy shares of Ardmore Shipping?

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

What is Ardmore Shipping's stock price today?

One share of ASC stock can currently be purchased for approximately $5.93.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $196.28 million and generates $230.04 million in revenue each year. The shipping company earns $-22,860,000.00 in net income (profit) each year or ($0.28) on an earnings per share basis. Ardmore Shipping employs 1,128 workers across the globe.View Additional Information About Ardmore Shipping.

What is Ardmore Shipping's official website?

The official website for Ardmore Shipping is http://ardmoreshipping.com/.

How can I contact Ardmore Shipping?

Ardmore Shipping's mailing address is Belvedere Building 69 Pitts Bay Road Ground Floor, Pembroke D0, HM08. The shipping company can be reached via phone at 441-405-7800 or via email at [email protected]


MarketBeat Community Rating for Ardmore Shipping (NYSE ASC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  385 (Thanks for Voting!)
Underperform Votes:  391 (Thanks for Voting!)
Total Votes:  776
MarketBeat's community ratings are surveys of what our community members think about Ardmore Shipping and other stocks. Vote "Outperform" if you believe ASC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ASC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2020 by MarketBeat.com Staff

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