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NYSE:ASCArdmore Shipping Stock Price, Forecast & News

$4.70
+0.08 (+1.73 %)
(As of 04/8/2020 03:08 PM ET)
Add
Compare
Today's Range
$4.64
Now: $4.70
$4.93
50-Day Range
$4.01
MA: $5.09
$6.73
52-Week Range
$3.73
Now: $4.70
$9.79
Volume12,732 shs
Average Volume389,482 shs
Market Capitalization$155.56 million
P/E RatioN/A
Dividend Yield4.17%
Beta1.2
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
Ardmore Shipping logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.98 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone441-405-7800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$230.04 million
Cash Flow$0.94 per share
Book Value$9.85 per share

Profitability

Net Income$-22,860,000.00

Miscellaneous

Employees1,128
Market Cap$155.56 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ASC stock has decreased by 3.3% and is now trading at $4.70. View which stocks have been mosted impacted by Coronavirus.

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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Wednesday, May 6th 2020. View our earnings forecast for Ardmore Shipping.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) issued its quarterly earnings results on Tuesday, February, 11th. The shipping company reported $0.08 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.11 by $0.03. The shipping company had revenue of $38.08 million for the quarter, compared to the consensus estimate of $38.91 million. Ardmore Shipping had a negative net margin of 9.94% and a negative return on equity of 2.78%. View Ardmore Shipping's earnings history.

How often does Ardmore Shipping pay dividends? What is the dividend yield for Ardmore Shipping?

Ardmore Shipping declared a quarterly dividend on Wednesday, February 12th. Investors of record on Friday, February 21st will be paid a dividend of $0.05 per share on Friday, February 28th. This represents a $0.20 annualized dividend and a yield of 4.26%. 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 analysts have issued twelve-month target prices for Ardmore Shipping's shares. Their forecasts range from $8.00 to $9.50. On average, they expect Ardmore Shipping's share price to reach $8.75 in the next twelve months. This suggests a possible upside of 86.2% from the stock's current price. View analysts' price targets for Ardmore Shipping.

Has Ardmore Shipping been receiving favorable news coverage?

News articles about ASC stock have trended very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ardmore Shipping earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutArdmore Shipping.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 543,500 shares, an increase of 58.1% from the February 13th total of 343,700 shares. Based on an average trading volume of 321,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.7% of the company's shares are sold short. View Ardmore Shipping's Current Options Chain.

Who are some of Ardmore Shipping's key 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), Fossil Group (FOSL), Scorpio Tankers (STNG), Ciena (CIEN), Cypress Semiconductor (CY), Zynga (ZNGA), Bank of America (BAC) and China Unicom (Hong Kong) (CHU).

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 Accounting
  • Ms. 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."

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 $4.70.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $155.56 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 1,128 workers across the globe. View additional information about Ardmore Shipping.

What is Ardmore Shipping's official website?

The official website for Ardmore Shipping is http://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 4/8/2020 by MarketBeat.com Staff

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