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NYSE:ASCArdmore Shipping Stock Price, Forecast & News

$4.15
-0.09 (-2.12 %)
(As of 08/14/2020 04:00 PM ET)
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Today's Range
$4.09
Now: $4.15
$4.22
50-Day Range
$3.89
MA: $4.21
$5.01
52-Week Range
$3.73
Now: $4.15
$9.79
Volume271,715 shs
Average Volume413,930 shs
Market Capitalization$137.89 million
P/E Ratio8.30
Dividend Yield1.18%
Beta1.2
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. The company was founded in 2010 and is based in Pembroke, Bermuda.
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Ardmore Shipping logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.20 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$230.04 million
Cash Flow$0.96 per share
Book Value$10.39 per share

Profitability

Net Income$-22,860,000.00

Miscellaneous

Employees1,105
Market Cap$137.89 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$4.15
-0.09 (-2.12 %)
(As of 08/14/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ardmore Shipping (NYSE:ASC) Frequently Asked Questions

How has Ardmore Shipping's stock been impacted by COVID-19 (Coronavirus)?

Ardmore Shipping's stock was trading at $4.86 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ASC stock has decreased by 14.6% and is now trading at $4.15.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Ardmore Shipping?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Ardmore Shipping
.

When is Ardmore Shipping's next earnings date?

Ardmore Shipping is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Ardmore Shipping
.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) announced its earnings results on Tuesday, July, 28th. The shipping company reported $0.41 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.04. The shipping company had revenue of $47.06 million for the quarter, compared to analysts' expectations of $54.67 million. Ardmore Shipping had a net margin of 6.64% and a return on equity of 5.12%.
View Ardmore Shipping's earnings history
.

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

Ardmore Shipping announced a quarterly dividend on Wednesday, February 12th. Shareholders of record on Friday, February 21st will be given a dividend of $0.05 per share on Friday, February 28th. This represents a $0.20 annualized dividend and a yield of 4.82%. The ex-dividend date is Thursday, February 20th.
View Ardmore Shipping's dividend history
.

What price target have analysts set for ASC?

3 brokerages have issued 1 year price objectives for Ardmore Shipping's shares. Their forecasts range from $4.40 to $9.50. On average, they anticipate Ardmore Shipping's stock price to reach $6.95 in the next year. This suggests a possible upside of 67.5% from the stock's current price.
View analysts' price targets for Ardmore Shipping
.

Has Ardmore Shipping been receiving favorable news coverage?

Media coverage about ASC stock has trended neutral this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ardmore Shipping earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term.
View the latest news about Ardmore Shipping
.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 995,700 shares, an increase of 64.2% from the June 15th total of 606,400 shares. Based on an average daily volume of 465,800 shares, the short-interest ratio is presently 2.1 days.
View Ardmore Shipping's Short Interest
.

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), Scorpio Tankers (STNG), AT&T (T), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Fossil Group (FOSL), Bank of America (BAC) and Ford Motor (F).

Who are Ardmore Shipping's key executives?

Ardmore Shipping's management team includes the following 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

What is Ardmore Shipping's stock symbol?

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

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by a number of retail and institutional investors. Top institutional investors include FMR LLC (9.62%), Russell Investments Group Ltd. (6.52%), Donald Smith & CO. Inc. (5.61%), Goldman Sachs Group Inc. (1.51%), Prudential Financial Inc. (1.23%) and Adirondack Research & Management Inc. (1.16%).
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., Donald Smith & CO. Inc., Man Group plc, WealthTrust Axiom LLC, Macquarie Group Ltd., Marshall Wace LLP, Monarch Partners Asset Management LLC, and Prudential Financial Inc..
View insider buying and selling activity 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 FMR LLC, Adirondack Research & Management Inc., California Public Employees Retirement System, UBS Group AG, Algert Global LLC, Stifel Financial Corp, Campbell & CO Investment Adviser LLC, and SG Americas Securities LLC.
View insider buying and selling activity 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 $4.15.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $137.89 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.

What is Ardmore Shipping's official website?

The official website for Ardmore Shipping is 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]

This page was last updated on 8/15/2020 by MarketBeat.com Staff

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