NYSE:ASC - Ardmore Shipping Stock Price, News, Headlines & Rumors

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$6.50 +0.02 (+0.31 %)
(As of 08/16/2018 01:55 AM ET)
Previous Close$6.50
Today's Range$6.40 - $6.55
52-Week Range$6.40 - $9.05
Volume175,765 shs
Average Volume208,339 shs
Market Capitalization$223.28 million
P/E Ratio-17.57
Dividend YieldN/A
Beta0.82
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 Ratio1.10
Current Ratio1.42
Quick Ratio1.23

Price-To-Earnings

Trailing P/E Ratio-17.57
Forward P/E Ratio-10.48
P/E GrowthN/A

Sales & Book Value

Annual Sales$195.93 million
Price / Sales1.11
Cash Flow$0.8085 per share
Price / Cash8.04
Book Value$11.35 per share
Price / Book0.57

Profitability

EPS (Most Recent Fiscal Year)($0.37)
Net Income$-12,490,000.00
Net Margins-11.15%
Return on Equity-5.70%
Return on Assets-2.55%

Miscellaneous

Employees1,151
Outstanding Shares33,580,000
Market Cap$223.28 million

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 announced that its board has initiated a stock buyback program on Friday, September 1st 2017, which permits the company to buyback $25,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.2% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management believes its shares are undervalued.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) issued its quarterly earnings data on Tuesday, July, 31st. The shipping company reported ($0.26) earnings per share for the quarter, missing analysts' consensus estimates of ($0.25) by $0.01. The shipping company had revenue of $28.20 million for the quarter, compared to analysts' expectations of $28.44 million. Ardmore Shipping had a negative return on equity of 5.70% and a negative net margin of 11.15%. Ardmore Shipping's revenue was down 11.1% on a year-over-year basis. During the same quarter in the prior 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, November, 7th 2018. View Earnings Estimates for Ardmore Shipping.

What price target have analysts set for ASC?

5 equities research analysts have issued 12-month target prices for Ardmore Shipping's shares. Their predictions range from $8.00 to $12.00. On average, they expect Ardmore Shipping's stock price to reach $10.40 in the next year. This suggests a possible upside of 60.0% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Ardmore Shipping.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a drop in short interest in July. As of July 13th, there was short interest totalling 898,704 shares, a drop of 36.9% from the June 29th total of 1,423,288 shares. Based on an average daily trading volume, of 112,277 shares, the days-to-cover ratio is currently 8.0 days. Approximately 2.8% of the company's shares are short sold. View Ardmore Shipping's Current Options Chain.

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?

Press coverage about ASC stock has trended somewhat positive on Wednesday, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ardmore Shipping earned a coverage optimism score of 0.19 on Accern's scale. They also assigned media headlines about the shipping company an impact score of 45.43 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for Ardmore Shipping.

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by a number of of institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (8.84%), Russell Investments Group Ltd. (8.07%), Royce & Associates LP (6.57%), FMR LLC (4.94%), BlackRock Inc. (4.72%) and Bank of New York Mellon Corp (4.44%). 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., FMR LLC, American Century Companies Inc., Donald Smith & CO. Inc., Boston Partners, State Board of Administration of Florida Retirement System, Aristotle Capital Boston LLC and Ingalls & Snyder LLC. View Insider Buying and Selling 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 Dimensional Fund Advisors LP, BlackRock Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp, Paloma Partners Management Co, Eagle Boston Investment Management Inc., Sei Investments Co. and Eqis Capital Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Ardmore Shipping's stock price today?

One share of ASC stock can currently be purchased for approximately $6.50.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $223.28 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 1,151 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:  2.6 out of 5 (star star)
Outperform Votes:  220 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  417
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 8/16/2018 by MarketBeat.com Staff

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