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NYSE:ASCArdmore Shipping Stock Price, Forecast & News

$5.43
-0.20 (-3.55 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$5.29
Now: $5.43
$5.52
50-Day Range
$4.74
MA: $5.68
$7.49
52-Week Range
$3.73
Now: $5.43
$9.79
Volume274,696 shs
Average Volume458,691 shs
Market Capitalization$180.44 million
P/E RatioN/A
Dividend Yield3.55%
Beta1.26
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.5Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.93 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$230.04 million
Cash Flow$0.89 per share
Book Value$9.85 per share

Profitability

Net Income$-22,860,000.00

Miscellaneous

Employees1,128
Market Cap$180.44 million
Next Earnings Date7/29/2020 (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 shares have increased by 11.7% and is now trading at $5.43. 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 Wednesday, July 29th 2020. View our earnings forecast for Ardmore Shipping.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) announced its quarterly earnings data on Tuesday, May, 5th. The shipping company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.15 by $0.05. The shipping company had revenue of $41.53 million for the quarter, compared to analyst estimates of $39.58 million. Ardmore Shipping had a negative net margin of 3.09% and a negative return on equity of 0.02%. 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 annualized dividend and a dividend yield of 3.68%. 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?

3 analysts have issued 12-month price objectives 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 28.0% 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 extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring 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 positive five, with scores nearest to five being the most favorable. Ardmore Shipping earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave press 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 future. View the latest news aboutArdmore Shipping.

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), 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 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."

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by a number of institutional and retail investors. Top institutional investors include Aristotle Capital Boston LLC (10.39%), Russell Investments Group Ltd. (9.09%), Donald Smith & CO. Inc. (6.05%), BlackRock Inc. (5.95%), Bank of New York Mellon Corp (1.98%) and State Street Corp (1.73%). View institutional ownership trends for Ardmore Shipping.

Which institutional investors are selling Ardmore Shipping stock?

ASC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Bank of New York Mellon Corp, Signia Capital Management LLC, Russell Investments Group Ltd., Adirondack Research & Management Inc., Acadian Asset Management LLC, Squarepoint Ops LLC, and Campbell & CO Investment Adviser LLC. View insider buying and selling activity for Ardmore Shipping.

Which institutional investors are buying Ardmore Shipping stock?

ASC stock was purchased by a variety of institutional investors in the last quarter, including Aristotle Capital Boston LLC, Weiss Multi Strategy Advisers LLC, Parametric Portfolio Associates LLC, Connor Clark & Lunn Investment Management Ltd., AQR Capital Management LLC, Geode Capital Management LLC, Engineers Gate Manager LP, and Wells Fargo & Company MN. 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 $5.43.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $180.44 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.

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 6/5/2020 by MarketBeat.com Staff

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