NYSE:ASC - Ardmore Shipping Stock Price, Price Target & More

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$8.00 +0.10 (+1.27 %)
(As of 06/20/2018 03:25 PM ET)
Previous Close$7.90
Today's Range$7.90 - $8.05
52-Week Range$6.40 - $9.05
Volume2,843 shs
Average Volume183,557 shs
Market Capitalization$260.21 million
P/E Ratio-21.69
Dividend YieldN/A
Beta0.94
Ardmore Shipping logoArdmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. The company operates a fleet of 28 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, and chemical companies. The company was founded in 2010 and is based in Pembroke, Bermuda.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.09
Current Ratio1.31
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio-21.69
Forward P/E Ratio-114.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$195.93 million
Price / Sales1.37
Cash Flow$0.8538 per share
Price / Cash9.37
Book Value$11.35 per share
Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)($0.37)
Net Income$-12,490,000.00
Net Margins-7.88%
Return on Equity-3.98%
Return on Assets-1.80%

Miscellaneous

Employees1,027
Outstanding Shares33,580,000

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 will Ardmore Shipping's stock buyback program work?

Ardmore Shipping announced that its Board of Directors has approved a stock buyback program on Friday, September 1st 2017, which allows the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.2% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) announced its earnings results on Wednesday, May, 2nd. The shipping company reported ($0.16) EPS for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.01. The shipping company earned $50.40 million during the quarter, compared to the consensus estimate of $31.03 million. Ardmore Shipping had a negative return on equity of 3.98% and a negative net margin of 7.88%. Ardmore Shipping's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.06) EPS. 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, August, 1st 2018. View Earnings Estimates for Ardmore Shipping.

What price target have analysts set for ASC?

5 Wall Street analysts have issued twelve-month target prices for Ardmore Shipping's stock. Their forecasts range from $9.00 to $12.00. On average, they expect Ardmore Shipping's share price to reach $10.60 in the next year. View Analyst Ratings for Ardmore Shipping.

Who are some of Ardmore Shipping's key competitors?

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 58)
  • Mr. Paul Tivnan, Sr. VP, CFO, Treasurer & Sec. (Age 38)
  • Mr. Mark Cameron, Exec. VP & COO (Age 52)
  • Mr. Jorge Lavin, Director of Accounting
  • Ms. Aideen O'Driscoll, HR Mang.

Has Ardmore Shipping been receiving favorable news coverage?

News stories about ASC stock have trended somewhat positive recently, according to Accern. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ardmore Shipping earned a media sentiment score of 0.13 on Accern's scale. They also gave headlines about the shipping company an impact score of 47.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (10.31%), Donald Smith & CO. Inc. (9.60%), Boston Partners (5.11%), BlackRock Inc. (4.05%), American Century Companies Inc. (3.75%) and Eagle Boston Investment Management Inc. (3.27%). 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 Penn Capital Management Co. Inc., American Century Companies Inc., Shepherd Kaplan Krochuk LLC and State Board of Administration of Florida Retirement System. View Insider Buying and Selling for Ardmore Shipping.

Which institutional investors are buying Ardmore Shipping stock?

ASC stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Private Management Group Inc., Dimensional Fund Advisors LP, Sei Investments Co., Donald Smith & CO. Inc., BlackRock Inc., Boston Partners and Monarch Partners Asset Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Ardmore Shipping's stock price today?

One share of ASC stock can currently be purchased for approximately $8.00.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $260.21 million and generates $195.93 million in revenue each year. The shipping company earns $-12,490,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. Ardmore Shipping employs 1,027 workers across the globe.

How can I contact Ardmore Shipping?

Ardmore Shipping's mailing address is Cumberland House 1 Victoria Street 5th Floor, Hamilton D0, HM11. The shipping company can be reached via phone at 441-405-7800 or via email at [email protected]


MarketBeat Community Rating for Ardmore Shipping (ASC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  172 (Vote Underperform)
Total Votes:  377
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 6/20/2018 by MarketBeat.com Staff

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