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NYSE:ASC

Ardmore Shipping Stock Forecast, Price & News

$3.57
-0.33 (-8.46 %)
(As of 01/15/2021 12:00 AM ET)
Add
Compare
Today's Range
$3.55
Now: $3.57▼
$3.90
50-Day Range
$2.98
MA: $3.37▼
$3.90
52-Week Range
$2.98
Now: $3.57▼
$3.98
Volume256,159 shs
Average Volume276,146 shs
Market Capitalization$118.61 million
P/E Ratio7.60
Dividend Yield1.28%
Beta1.16
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.
Ardmore Shipping logo

MarketRank™

Overall MarketRank™

2.36 out of 5 stars

Transportation Sector

6th out of 210 stocks

Deep Sea Foreign Transportation Of Freight Industry

1st out of 48 stocks

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

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 Ratio7.60
Forward P/E Ratio29.75
P/E GrowthN/A

Sales & Book Value

Annual Sales$230.04 million
Price / Sales0.52
Cash Flow$0.90 per share
Price / Cash Flow3.98
Book Value$9.85 per share
Price / Book0.36

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$118.61 million
Next Earnings Date2/9/2021 (Estimated)
OptionableOptionable
$3.57
-0.33 (-8.46 %)
(As of 01/15/2021 12:00 AM 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 price been impacted by COVID-19?

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. Since then, ASC shares have decreased by 26.5% and is now trading at $3.57.
View which stocks have been most impacted by COVID-19.

Is Ardmore Shipping a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

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 past winning trading ideas 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) released its quarterly earnings data on Monday, November, 9th. The shipping company reported ($0.19) EPS for the quarter, topping analysts' consensus estimates of ($0.22) by $0.03. The shipping company earned $28.38 million during the quarter, compared to analyst estimates of $27.83 million. Ardmore Shipping had a return on equity of 4.78% and a net margin of 6.45%.
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 yield of 5.60%. The ex-dividend date of this dividend is Thursday, February 20th.
View Ardmore Shipping's dividend history.

Is Ardmore Shipping a good dividend stock?

Ardmore Shipping pays an annual dividend of $0.05 per share and currently has a dividend yield of 1.28%.
View Ardmore Shipping's dividend history.

What price target have analysts set for ASC?

4 brokerages 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 $5.47 in the next twelve months. This suggests a possible upside of 53.1% from the stock's current price.
View analysts' price targets for Ardmore Shipping or view Wall Street analyst' top-rated stocks.

Who are some of Ardmore Shipping's key competitors?

Some companies that are related to Ardmore Shipping include Genco Shipping & Trading (GNK), Global Ship Lease (GSL), Teekay (TK), Eagle Bulk Shipping (EGLE), Diana Shipping (DSX), Scorpio Bulkers (SALT), Overseas Shipholding Group (OSG), Safe Bulkers (SB), Capital Product Partners (CPLP), Navios Maritime Containers (NMCI), Tsakos Energy Navigation (TNP), Navios Maritime Partners (NMM), Pangaea Logistics Solutions (PANL), StealthGas (GASS) and SEACOR Marine (SMHI).
View all of ASC's 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 61)
  • Mr. Paul Tivnan, Sr. VP, CFO, Treasurer & Sec. (Age 41)
  • Mr. Mark Cameron, Exec. VP & COO (Age 55)
  • Ms. Aideen O'Driscoll, Director of HR
  • Mr. Gernot Ruppelt, Sr. VP & Chief Commercial Officer (Age 40)
  • 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."

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 WeBull, 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 $3.57.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $118.61 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 1/15/2021 by MarketBeat.com Staff
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