Ardmore Shipping Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Ardmore Shipping stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ASC, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Ardmore Shipping a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ardmore Shipping wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Ardmore Shipping is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Ardmore Shipping.

Ardmore Shipping Co. (NYSE:ASC) posted its quarterly earnings data on Tuesday, February, 9th. The shipping company reported ($0.36) EPS for the quarter, topping the Zacks' consensus estimate of ($0.41) by $0.05. The shipping company earned $21.84 million during the quarter, compared to analyst estimates of $24.99 million. Ardmore Shipping had a net margin of 6.45% and a trailing twelve-month return on equity of 4.78%.
View Ardmore Shipping's earnings history.

Ardmore Shipping's stock was trading at $4.86 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ASC shares have decreased by 12.3% and is now trading at $4.26.
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4 brokers have issued twelve-month target prices for Ardmore Shipping's shares. Their forecasts range from $4.40 to $6.00. On average, they anticipate Ardmore Shipping's share price to reach $5.30 in the next twelve months. This suggests a possible upside of 24.4% from the stock's current price.
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415 employees have rated Ardmore Shipping CEO Nick Beighton on Glassdoor.com. Nick Beighton has an approval rating of 55% among Ardmore Shipping's employees. This puts Nick Beighton in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Ardmore Shipping include Navigator (NVGS), Genco Shipping & Trading (GNK), Global Ship Lease (GSL), Eagle Bulk Shipping (EGLE), Teekay (TK), Safe Bulkers (SB), Diana Shipping (DSX), Scorpio Bulkers (SALT), Navios Maritime Containers (NMCI), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP), Tsakos Energy Navigation (TNP), Seanergy Maritime (SHIP) and Pangaea Logistics Solutions (PANL).
View all of ASC's competitors.

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).

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

Ardmore Shipping's stock is owned by many different institutional and retail investors. Top institutional investors include Aristotle Capital Boston LLC (10.75%), BlackRock Inc. (6.59%), Private Management Group Inc. (6.34%), Dimensional Fund Advisors LP (6.15%), Russell Investments Group Ltd. (5.91%) and Northern Trust Corp (2.73%).
View institutional ownership trends for Ardmore Shipping.

ASC stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Bank of New York Mellon Corp, Aristotle Capital Boston LLC, Russell Investments Group Ltd., Renaissance Technologies LLC, Boston Partners, Boston Partners, and Dimensional Fund Advisors LP.
View insider buying and selling activity for Ardmore Shipping or view top insider-selling stocks.

ASC stock was bought by a variety of institutional investors in the last quarter, including Private Management Group Inc., BlackRock Inc., JPMorgan Chase & Co., Nuveen Asset Management LLC, GSA Capital Partners LLP, Clear Harbor Asset Management LLC, Wells Fargo & Company MN, and Acuitas Investments LLC.
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Shares of ASC 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.
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One share of ASC stock can currently be purchased for approximately $4.26.

Ardmore Shipping has a market capitalization of $141.54 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 1,105 workers across the globe.

The official website for Ardmore Shipping is ardmoreshipping.com.

Ardmore Shipping is headquartered at Belvedere Building 69 Pitts Bay Road Ground Floor, Pembroke D0, HM08.

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]