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NYSE:ASC - Ardmore Shipping Stock Price, Forecast & News

$5.42
-0.25 (-4.41 %)
(As of 02/25/2020 04:28 AM ET)
Today's Range
$5.28
Now: $5.42
$5.56
50-Day Range
$5.36
MA: $6.77
$8.92
52-Week Range
$5.04
Now: $5.42
$9.79
Volume352,927 shs
Average Volume375,403 shs
Market Capitalization$179.39 million
P/E RatioN/A
Dividend Yield3.53%
Beta1.35
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. Read More…

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$0.88 per share
Book Value$9.85 per share

Profitability

Net Income$-22,860,000.00

Miscellaneous

Employees1,128
Market Cap$179.39 million
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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 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 yield of 3.69%. The ex-dividend date of this dividend is Thursday, February 20th. View Ardmore Shipping's Dividend History.

How were Ardmore Shipping's earnings last quarter?

Ardmore Shipping Corp (NYSE:ASC) announced its quarterly earnings data on Tuesday, February, 11th. The shipping company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by $0.03. The shipping company had revenue of $38.08 million for the quarter, compared to analysts' expectations 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.

When is Ardmore Shipping's next earnings date?

Ardmore Shipping is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Ardmore Shipping.

What price target have analysts set for ASC?

4 Wall Street analysts have issued twelve-month target prices for Ardmore Shipping's stock. Their forecasts range from $8.00 to $9.50. On average, they expect Ardmore Shipping's stock price to reach $8.75 in the next year. This suggests a possible upside of 61.4% from the stock's current price. View Analyst Price Targets for Ardmore Shipping.

What is the consensus analysts' recommendation for 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.

Has Ardmore Shipping been receiving favorable news coverage?

News articles about ASC stock have trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ardmore Shipping earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Ardmore Shipping.

Are investors shorting Ardmore Shipping?

Ardmore Shipping saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 259,100 shares, a drop of 33.7% from the January 15th total of 390,600 shares. Based on an average daily volume of 249,300 shares, the short-interest ratio is presently 1.0 days. Approximately 0.8% of the shares of the stock are short sold. 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), Bank of America (BAC), China Unicom (Hong Kong) (CHU) and Ford Motor (F).

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 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

Who are Ardmore Shipping's major shareholders?

Ardmore Shipping's stock is owned by many different of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (9.41%), Donald Smith & CO. Inc. (6.09%), Royce & Associates LP (4.58%), FMR LLC (4.41%), Renaissance Technologies LLC (2.74%) and Bank of New York Mellon Corp (2.54%). 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 Russell Investments Group Ltd., Bank of New York Mellon Corp, Donald Smith & CO. Inc., Boston Partners, Acadian Asset Management LLC, Bank of America Corp DE, Dynamic Technology Lab Private Ltd and Franklin Resources Inc.. View Insider Buying and Selling for Ardmore Shipping.

Which institutional investors are buying Ardmore Shipping stock?

ASC stock was acquired by a variety of institutional investors in the last quarter, including Cooper Creek Partners Management LLC, Signia Capital Management LLC, Goldman Sachs Group Inc., EAM Investors LLC, Renaissance Technologies LLC, EAM Global Investors LLC, Man Group plc and Banco Bilbao Vizcaya Argentaria S.A.. 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, Robinhood, Fidelity and Charles Schwab.

What is Ardmore Shipping's stock price today?

One share of ASC stock can currently be purchased for approximately $5.42.

How big of a company is Ardmore Shipping?

Ardmore Shipping has a market capitalization of $179.39 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]


MarketBeat Community Rating for Ardmore Shipping (NYSE ASC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  386 (Vote Outperform)
Underperform Votes:  394 (Vote Underperform)
Total Votes:  780
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 2/25/2020 by MarketBeat.com Staff

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