NYSE:ASC - Ardmore Shipping Stock Price, Price Target & More

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$7.65 -0.40 (-4.97 %)
(As of 07/16/2018 04:00 PM ET)
Previous Close$8.05
Today's Range$7.60 - $8.10
52-Week Range$6.40 - $9.05
Volume139,100 shs
Average Volume206,399 shs
Market Capitalization$270.29 million
P/E Ratio-21.76
Dividend YieldN/A
Beta0.94
Ardmore Shipping logoArdmore Shipping Corporation, together with its subsidiaries, engages in the seaborne transportation of petroleum products and chemicals worldwide. The company operates a fleet of 28 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:ASC
CUSIPN/A
Phone1-441-292-9332

Debt

Debt-to-Equity Ratio1.09
Current Ratio1.31
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio-21.76
Forward P/E Ratio-109.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$195.93 million
Price / Sales1.31
Cash Flow$0.7854 per share
Price / Cash9.74
Book Value$11.35 per share
Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)($0.37)
Net Income$-12,490,000.00
Net Margins-7.88%
Return on Equity-3.98%
Return on Assets-1.80%

Miscellaneous

Employees1,027
Outstanding Shares33,580,000
Market Cap$270.29

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Ardmore Shipping (NYSE:ASC) Frequently Asked Questions

What is Ardmore Shipping's stock symbol?

Ardmore Shipping trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASC."

How will Ardmore Shipping's stock buyback program work?

Ardmore Shipping declared that its Board of Directors has authorized a stock buyback program on Friday, September 1st 2017, which authorizes the company to buyback $25,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) announced its quarterly earnings data on Wednesday, May, 2nd. The shipping company reported ($0.16) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.01. The shipping company had revenue of $50.40 million for the quarter, compared to analyst estimates of $31.03 million. Ardmore Shipping had a negative return on equity of 3.98% and a negative net margin of 7.88%. The company's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company posted ($0.06) earnings per share. View Ardmore Shipping's Earnings History.

When is Ardmore Shipping's next earnings date?

Ardmore Shipping is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Ardmore Shipping.

What price target have analysts set for ASC?

5 equities research analysts have issued 1-year price objectives for Ardmore Shipping's shares. Their forecasts range from $9.00 to $12.00. On average, they expect Ardmore Shipping's share price to reach $10.60 in the next year. This suggests a possible upside of 38.6% from the stock's current price. View Analyst Ratings for Ardmore Shipping.

What is the consensus analysts' recommendation for Ardmore Shipping?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Ardmore Shipping's key competitors?

Who are Ardmore Shipping's key executives?

Ardmore Shipping's management team includes the folowing people:
  • Mr. Anthony Gurnee CFA, Founder, Pres, CEO & Director (Age 58)
  • Mr. Paul Tivnan, Sr. VP, CFO, Treasurer & Sec. (Age 38)
  • Mr. Mark Cameron, Exec. VP & COO (Age 52)
  • Mr. Jorge Lavin, Director of Accounting
  • Ms. Aideen O'Driscoll, HR Mang.

Has Ardmore Shipping been receiving favorable news coverage?

News headlines about ASC stock have trended somewhat negative on Monday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ardmore Shipping earned a daily sentiment score of -0.06 on Accern's scale. They also gave news stories about the shipping company an impact score of 47.53 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

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, Scottrade, Fidelity and Charles Schwab.

What is Ardmore Shipping's stock price today?

One share of ASC stock can currently be purchased for approximately $7.65.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $270.29 million and generates $195.93 million in revenue each year. The shipping company earns $-12,490,000.00 in net income (profit) each year or ($0.37) on an earnings per share basis. Ardmore Shipping employs 1,027 workers across the globe.

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 1-441-292-9332 or via email at [email protected]


MarketBeat Community Rating for Ardmore Shipping (NYSE ASC)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  183 (Vote Underperform)
Total Votes:  391
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.
This page was last updated on 7/16/2018 by MarketBeat.com Staff

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