NYSE:ASCArdmore Shipping Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ardmore Shipping Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.70 +0.08 (+1.73 %) (As of 04/8/2020 03:08 PM ET) Add Compare Share Today's Range$4.64Now: $4.70▼$4.9350-Day Range$4.01MA: $5.09▼$6.7352-Week Range$3.73Now: $4.70▼$9.79Volume12,732 shsAverage Volume389,482 shsMarket Capitalization$155.56 millionP/E RatioN/ADividend Yield4.17%Beta1.2 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingArdmore Shipping has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.75, Ardmore Shipping has a potential upside of 86.2% from its current price of $4.70.Amount of Analyst CoverageArdmore Shipping has only been the subject of 1 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesArdmore Shipping has received 401 “outperform” votes. (Add your “outperform” vote.)Underperform VotesArdmore Shipping has received 412 “underperform” votes. (Add your “underperform” vote.)Community SentimentArdmore Shipping has received 50.68% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipArdmore Shipping is a leading dividend payer. It pays a dividend yield of 4.17%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArdmore Shipping does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 26.32 % next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ardmore Shipping insiders have not sold or bought any company stock.Percentage Held by Institutions87.90% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Ardmore Shipping are expected to decrease by -24.75% in the coming year, from $1.01 to $0.76 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Ardmore Shipping is -6.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioArdmore Shipping has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:ASC Previous Symbol CUSIPN/A CIK1577437 Webhttp://ardmoreshipping.com/ Phone441-405-7800Debt Debt-to-Equity Ratio1.18 Current Ratio1.62 Quick Ratio1.45Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio4.65 P/E GrowthN/A Sales & Book Value Annual Sales$230.04 million Price / Sales0.68 Cash Flow$0.94 per share Price / Cash Flow5.00 Book Value$9.85 per share Price / Book0.48Profitability EPS (Most Recent Fiscal Year)($0.28) Net Income$-22,860,000.00 Net Margins-9.94% Return on Equity-2.78% Return on Assets-1.17%Miscellaneous Employees1,128 Outstanding Shares33,098,000Market Cap$155.56 million Next Earnings Date5/6/2020 (Estimated) OptionableOptionable Receive ASC News and Ratings via Email Sign-up to receive the latest news and ratings for ASC and its competitors with MarketBeat's FREE daily newsletter. ASC Rates by TradingView 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 reached pandemic status according to the World Health Organization (WHO). Since then, ASC stock has decreased by 3.3% and is now trading at $4.70. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Ardmore Shipping's next earnings date? Ardmore Shipping is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Ardmore Shipping. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Corp (NYSE:ASC) issued its quarterly earnings results on Tuesday, February, 11th. The shipping company reported $0.08 EPS for the quarter, missing the Thomson Reuters' 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. 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. Investors 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 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Thursday, February 20th. View Ardmore Shipping's dividend history. What price target have analysts set for ASC? 4 analysts have issued twelve-month target prices 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 86.2% from the stock's current price. View analysts' price targets for Ardmore Shipping. Has Ardmore Shipping been receiving favorable news coverage? News articles about ASC stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ardmore Shipping earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutArdmore Shipping. Are investors shorting Ardmore Shipping? Ardmore Shipping saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 543,500 shares, an increase of 58.1% from the February 13th total of 343,700 shares. Based on an average trading volume of 321,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.7% of the company's shares are sold short. View Ardmore Shipping's Current Options Chain. Who are some of Ardmore Shipping's key competitors? Some companies that are related to Ardmore Shipping include PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), COSTAMARE INC/SH (CMRE), DryShips (DRYS), Dorian LPG (LPG), Teekay (TK), Navigator (NVGS), TSAKOS ENERGY N/SH (TNP), Genco Shipping & Trading (GNK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT), Diana Shipping (DSX) and Capital Product Partners (CPLP). 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), Zynga (ZNGA), Bank of America (BAC) and China Unicom (Hong Kong) (CHU). 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 AccountingMs. 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." 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 $4.70. How big of a company is Ardmore Shipping? Ardmore Shipping has a market capitalization of $155.56 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] This page was last updated on 4/8/2020 by MarketBeat.com StaffFeatured Article: Candlestick
