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 $4.43 +0.17 (+3.99 %) (As of 07/10/2020 04:00 PM ET) Add Compare Share Today's Range$4.21Now: $4.43▼$4.4950-Day Range$4.19MA: $5.02▼$6.1752-Week Range$3.73Now: $4.43▼$9.79Volume252,200 shsAverage Volume309,502 shsMarket Capitalization$147.21 millionP/E RatioN/ADividend Yield4.51%Beta1.26 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider 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™ 3.0 Analyst's Opinion Consensus RatingArdmore Shipping has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.95, Ardmore Shipping has a potential upside of 56.9% from its current price of $4.43.Amount of Analyst CoverageArdmore Shipping has only been the subject of 2 research reports in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesArdmore Shipping has received 403 “outperform” votes. (Add your “outperform” vote.)Underperform VotesArdmore Shipping has received 417 “underperform” votes. (Add your “underperform” vote.)Community SentimentArdmore Shipping has received 50.85% “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 4.51%, 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 28.17% 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 Institutions85.14% 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 -48.55% in the coming year, from $1.38 to $0.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is -21.09, 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 -21.09, 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 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.0Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.93 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 Webardmoreshipping.com Phone441-405-7800Debt Debt-to-Equity Ratio1.13 Current Ratio1.55 Quick Ratio1.40Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio3.21 P/E GrowthN/A Sales & Book Value Annual Sales$230.04 million Price / Sales0.64 Cash Flow$0.92 per share Price / Cash Flow4.80 Book Value$9.85 per share Price / Book0.45Profitability EPS (Most Recent Fiscal Year)($0.28) Net Income$-22,860,000.00 Net Margins-3.09% Return on Equity-0.02% Return on Assets-0.01%Miscellaneous Employees1,105 Outstanding Shares33,230,000Market Cap$147.21 million Next Earnings Date7/29/2020 (Estimated) OptionableOptionable ASC Rates by TradingView 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. 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ASC stock has decreased by 8.8% and is now trading at $4.43. View which stocks have been most impacted by Coronavirus. 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 Wednesday, July 29th 2020. View our earnings forecast for Ardmore Shipping. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Corp (NYSE:ASC) announced its quarterly earnings results on Tuesday, May, 5th. The shipping company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.15 by $0.05. The shipping company earned $41.53 million during the quarter, compared to analyst estimates of $39.58 million. Ardmore Shipping had a negative return on equity of 0.02% and a negative net margin of 3.09%. 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. 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 yield of 4.51%. 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 targets for Ardmore Shipping's stock. Their forecasts range from $4.40 to $9.50. On average, they expect Ardmore Shipping's stock price to reach $6.95 in the next twelve months. This suggests a possible upside of 56.9% from the stock's current price. View analysts' price targets for Ardmore Shipping. Has Ardmore Shipping been receiving favorable news coverage? Media stories about ASC stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing 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 closest to five being the most favorable. Ardmore Shipping earned a coverage optimism score of -3.8 on InfoTrie's scale. They also gave news 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 next several days. View the latest news about Ardmore Shipping. Who are some of Ardmore Shipping's key competitors? Some companies that are related to Ardmore Shipping include COSTAMARE INC/SH (CMRE), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT), Capital Product Partners (CPLP), Diana Shipping (DSX) and Safe Bulkers (SB). View all 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), Fossil Group (FOSL), Bank of America (BAC), Ford Motor (F), AT&T (T), Ciena (CIEN) and Cypress Semiconductor (CY). 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 $4.43. How big of a company is Ardmore Shipping? Ardmore Shipping has a market capitalization of $147.21 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 7/12/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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