S&P 500   3,624.30 (-0.31%)
DOW   29,894.61 (-0.50%)
QQQ   295.46 (+0.34%)
AAPL   116.36 (+1.03%)
MSFT   213.83 (-0.01%)
FB   275.49 (-0.52%)
GOOGL   1,755.75 (-0.46%)
AMZN   3,190.59 (+2.33%)
TSLA   551.86 (-0.63%)
NVDA   526.78 (+1.63%)
BABA   278.72 (-0.44%)
CGC   27.08 (+0.41%)
GE   10.47 (+0.19%)
MU   62.91 (-1.63%)
AMD   86.27 (+1.41%)
T   28.95 (-0.96%)
NIO   51.36 (-4.02%)
F   9.08 (-3.92%)
ACB   8.72 (-5.53%)
NFLX   482.76 (-0.02%)
GILD   59.66 (-0.98%)
BA   217.44 (-0.48%)
DIS   148.23 (-2.15%)
S&P 500   3,624.30 (-0.31%)
DOW   29,894.61 (-0.50%)
QQQ   295.46 (+0.34%)
AAPL   116.36 (+1.03%)
MSFT   213.83 (-0.01%)
FB   275.49 (-0.52%)
GOOGL   1,755.75 (-0.46%)
AMZN   3,190.59 (+2.33%)
TSLA   551.86 (-0.63%)
NVDA   526.78 (+1.63%)
BABA   278.72 (-0.44%)
CGC   27.08 (+0.41%)
GE   10.47 (+0.19%)
MU   62.91 (-1.63%)
AMD   86.27 (+1.41%)
T   28.95 (-0.96%)
NIO   51.36 (-4.02%)
F   9.08 (-3.92%)
ACB   8.72 (-5.53%)
NFLX   482.76 (-0.02%)
GILD   59.66 (-0.98%)
BA   217.44 (-0.48%)
DIS   148.23 (-2.15%)
S&P 500   3,624.30 (-0.31%)
DOW   29,894.61 (-0.50%)
QQQ   295.46 (+0.34%)
AAPL   116.36 (+1.03%)
MSFT   213.83 (-0.01%)
FB   275.49 (-0.52%)
GOOGL   1,755.75 (-0.46%)
AMZN   3,190.59 (+2.33%)
TSLA   551.86 (-0.63%)
NVDA   526.78 (+1.63%)
BABA   278.72 (-0.44%)
CGC   27.08 (+0.41%)
GE   10.47 (+0.19%)
MU   62.91 (-1.63%)
AMD   86.27 (+1.41%)
T   28.95 (-0.96%)
NIO   51.36 (-4.02%)
F   9.08 (-3.92%)
ACB   8.72 (-5.53%)
NFLX   482.76 (-0.02%)
GILD   59.66 (-0.98%)
BA   217.44 (-0.48%)
DIS   148.23 (-2.15%)
S&P 500   3,624.30 (-0.31%)
DOW   29,894.61 (-0.50%)
QQQ   295.46 (+0.34%)
AAPL   116.36 (+1.03%)
MSFT   213.83 (-0.01%)
FB   275.49 (-0.52%)
GOOGL   1,755.75 (-0.46%)
AMZN   3,190.59 (+2.33%)
TSLA   551.86 (-0.63%)
NVDA   526.78 (+1.63%)
BABA   278.72 (-0.44%)
CGC   27.08 (+0.41%)
GE   10.47 (+0.19%)
MU   62.91 (-1.63%)
AMD   86.27 (+1.41%)
T   28.95 (-0.96%)
NIO   51.36 (-4.02%)
F   9.08 (-3.92%)
ACB   8.72 (-5.53%)
NFLX   482.76 (-0.02%)
GILD   59.66 (-0.98%)
BA   217.44 (-0.48%)
DIS   148.23 (-2.15%)
Log in
NYSE:ASC

Ardmore Shipping Stock Forecast, Price & News

$3.60
+0.09 (+2.56 %)
(As of 11/25/2020 10:46 AM ET)
Add
Compare
Today's Range
$3.41
Now: $3.60▼
$3.60
50-Day Range
$2.71
MA: $3.07▼
$3.66
52-Week Range
$2.61
Now: $3.60▼
$9.41
Volume4,901 shs
Average Volume410,906 shs
Market Capitalization$119.61 million
P/E Ratio7.66
Dividend Yield1.47%
Beta1.08
Ardmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. As of August 30, 2019, the company operated a fleet of 25 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.
Read More
Ardmore Shipping logo

Beat the Market (BTM) Rank™

Analyst Opinion: 3.1Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

2.36 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
Phone441-405-7800
Employees1,105

Debt

Debt-to-Equity Ratio1.08
Current Ratio1.66
Quick Ratio1.50

Price-To-Earnings

Trailing P/E Ratio7.66
Forward P/E Ratio30.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$230.04 million
Price / Sales0.52
Cash Flow$1.09 per share
Price / Cash Flow3.30
Book Value$10.22 per share
Price / Book0.35

Profitability

EPS (Most Recent Fiscal Year)($0.28)
Net Income$-22,860,000.00
Net Margins6.45%
Return on Equity4.78%
Return on Assets2.07%

Miscellaneous

Outstanding Shares33,225,000
Market Cap$119.61 million
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$3.60
+0.09 (+2.56 %)
(As of 11/25/2020 10:46 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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.

speech bubbles
speech bubbles











Ardmore Shipping (NYSE:ASC) Frequently Asked Questions

How has Ardmore Shipping's stock been impacted by Coronavirus?

Ardmore Shipping's stock was trading at $4.86 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ASC stock has decreased by 27.4% and is now trading at $3.53.
View which stocks have been most impacted by COVID-19.

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 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Ardmore Shipping.

What stocks does MarketBeat like better than Ardmore Shipping?

Wall Street analysts have given Ardmore Shipping a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ardmore Shipping wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Ardmore Shipping's next earnings date?

Ardmore Shipping is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Ardmore Shipping.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Co. (NYSE:ASC) issued its quarterly earnings results on Monday, November, 9th. The shipping company reported ($0.19) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.03. Ardmore Shipping had a net margin of 6.45% and a return on equity of 4.78%.
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 dividend on an annualized basis and a dividend yield of 5.67%. 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 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 stock price to reach $5.47 in the next twelve months. This suggests a possible upside of 54.9% from the stock's current price.
View analysts' price targets for Ardmore Shipping.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a increase in short interest in October. As of October 30th, there was short interest totaling 1,020,000 shares, an increase of 46.8% from the October 15th total of 695,000 shares. Based on an average daily trading volume, of 385,100 shares, the days-to-cover ratio is currently 2.6 days.
View Ardmore Shipping's Short Interest.

Who are some of Ardmore Shipping's key competitors?

Some companies that are related to Ardmore Shipping include Navigator (NVGS), Genco Shipping & Trading (GNK), Danaos (DAC), Teekay (TK), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT), Overseas Shipholding Group (OSG), Tsakos Energy Navigation (TNP), Global Ship Lease (GSL), Diana Shipping (DSX), Capital Product Partners (CPLP), Pangaea Logistics Solutions (PANL), Safe Bulkers (SB), StealthGas (GASS) and Navios Maritime Containers (NMCI).
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 Limited (PDL.L) (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).

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 60)
  • Mr. Paul Tivnan, Sr. VP, CFO, Treasurer & Sec. (Age 40)
  • Mr. Mark Cameron, Exec. VP & COO (Age 54)
  • Ms. Aideen O'Driscoll, Director of HR
  • Mr. Gernot Ruppelt, Sr. VP & Chief Commercial Officer (Age 39)
  • Mr. Barry O'Neill, Financial Controller
  • Mr. Gerry Docherty, Director of Fleet Management
  • Mr. Frits Th. K?nst, Technical Projects Mang.

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.29%), Donald Smith & CO. Inc. (4.10%), Royce & Associates LP (1.94%), Sei Investments Co. (1.92%), State Street Corp (1.76%) and Adirondack Research & Management Inc. (1.24%).
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 Royce & Associates LP, Donald Smith & CO. Inc., Morgan Stanley, WealthTrust Axiom LLC, Charles Schwab Investment Management Inc., and State Street Corp.
View insider buying and selling activity for Ardmore Shipping.

Which institutional investors are buying Ardmore Shipping stock?

ASC stock was bought by a variety of institutional investors in the last quarter, including Acuitas Investments LLC, Arrowstreet Capital Limited Partnership, GSA Capital Partners LLP, BlackRock Inc., Jane Street Group LLC, AQR Capital Management LLC, Boston Partners, and Sei Investments Co..
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 $3.53.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $117.28 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 11/25/2020 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.