Ardmore Shipping Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last year. There are currently 1 sell rating, 2 hold ratings 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.
View analyst ratings for Ardmore Shipping or view top-rated stocks.

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Ardmore Shipping saw a decline in short interest in the month of February. As of February 26th, there was short interest totaling 714,000 shares, a decline of 24.3% from the February 11th total of 942,700 shares. Based on an average trading volume of 311,100 shares, the days-to-cover ratio is currently 2.3 days.
View Ardmore Shipping's Short Interest.

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) issued its quarterly earnings results on Tuesday, February, 9th. The shipping company reported ($0.36) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.41) by $0.05. The shipping company had revenue of $21.84 million for the quarter, compared to analyst estimates of $24.99 million. Ardmore Shipping had a trailing twelve-month return on equity of 4.78% and a net margin of 6.45%.
View Ardmore Shipping's earnings history.

Ardmore Shipping's stock was trading at $4.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ASC shares have decreased by 16.0% and is now trading at $4.08.
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5 equities research analysts have issued 1-year 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 $5.35 in the next year. This suggests a possible upside of 31.1% from the stock's current price.
View analysts' price targets for Ardmore Shipping or view top-rated stocks among Wall Street analysts.

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 Dorian LPG (LPG), Navigator (NVGS), Global Ship Lease (GSL), Genco Shipping & Trading (GNK), Eagle Bulk Shipping (EGLE), Teekay (TK), Navios Maritime Containers (NMCI), Navios Maritime Partners (NMM), Diana Shipping (DSX), Scorpio Bulkers (SALT), Safe Bulkers (SB), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP), Tsakos Energy Navigation (TNP) and Navios Maritime (NM).
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."

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 $4.08.

Ardmore Shipping has a market capitalization of $135.40 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 47 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]