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 $3.92 -0.17 (-4.16 %) (As of 08/6/2020 04:00 PM ET) Add Compare Share Today's Range$3.88Now: $3.92▼$4.0950-Day Range$3.96MA: $4.32▼$5.0152-Week Range$3.73Now: $3.92▼$9.79Volume323,075 shsAverage Volume347,085 shsMarket Capitalization$130.26 millionP/E Ratio7.84Dividend Yield1.22%Beta1.2 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 77.3% from its current price of $3.92.Amount of Analyst CoverageArdmore Shipping has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesArdmore Shipping has received 403 “outperform” votes. (Add your “outperform” vote.)Underperform VotesArdmore Shipping has received 420 “underperform” votes. (Add your “underperform” vote.)Community SentimentArdmore Shipping has received 51.03% “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 0.8 Dividend Strength Dividend YieldArdmore Shipping has a dividend yield of 1.22%, which is in the bottom 25% of all stocks that pay dividends.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 6.25% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Ardmore Shipping are expected to grow by 73.91% in the coming year, from $0.46 to $0.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is 7.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Ardmore Shipping is 7.84, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.20.Price to Book Value per Share RatioArdmore Shipping has a P/B Ratio of 0.38. 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: 2.4Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.20 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 Ratio1.10 Current Ratio2.29 Quick Ratio2.16Price-To-Earnings Trailing P/E Ratio7.84 Forward P/E Ratio8.52 P/E GrowthN/A Sales & Book Value Annual Sales$230.04 million Price / Sales0.57 Cash Flow$0.88 per share Price / Cash Flow4.43 Book Value$10.39 per share Price / Book0.38Profitability EPS (Most Recent Fiscal Year)($0.28) Net Income$-22,860,000.00 Net Margins6.64% Return on Equity5.12% Return on Assets2.19%Miscellaneous Employees1,105 Outstanding Shares33,230,000Market Cap$130.26 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $3.92 -0.17 (-4.16 %) (As of 08/6/2020 04:00 PM 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. 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 shares have decreased by 19.3% and is now trading at $3.92. 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 Tuesday, November 3rd 2020. View our earnings forecast for Ardmore Shipping. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Corp (NYSE:ASC) announced its earnings results on Tuesday, July, 28th. The shipping company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.04. The shipping company earned $47.06 million during the quarter, compared to analysts' expectations of $54.67 million. Ardmore Shipping had a net margin of 6.64% and a return on equity of 5.12%. 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 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 5.10%. The ex-dividend date is Thursday, February 20th. View Ardmore Shipping's dividend history. What price target have analysts set for ASC? 3 brokers have issued 12-month 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 year. This suggests a possible upside of 77.3% from the stock's current price. View analysts' price targets for Ardmore Shipping. Has Ardmore Shipping been receiving favorable news coverage? News stories about ASC stock have been trending positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ardmore Shipping earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few 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 Dorian LPG (LPG), DryShips (DRYS), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Safe Bulkers (SB), Capital Product Partners (CPLP), Danaos (DAC), TOP SHIPS (TOPS) and Pangaea Logistics Solutions (PANL). 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." Who are Ardmore Shipping's major shareholders? Ardmore Shipping's stock is owned by many different institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (6.52%), WealthTrust Axiom LLC (0.63%), Monarch Partners Asset Management LLC (0.18%), UBS Group AG (0.16%), Campbell & CO Investment Adviser LLC (0.12%) and SG Americas Securities LLC (0.05%). View institutional ownership trends for Ardmore Shipping. Which major investors are selling Ardmore Shipping stock? ASC stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., WealthTrust Axiom LLC, and Monarch Partners Asset Management LLC. View insider buying and selling activity for Ardmore Shipping. Which major investors are buying Ardmore Shipping stock? ASC stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Campbell & CO Investment Adviser LLC, and SG Americas Securities LLC. 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 $3.92. How big of a company is Ardmore Shipping? Ardmore Shipping has a market capitalization of $130.26 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 8/7/2020 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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