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Ardmore Shipping ( (ASC) ) has provided an update.
Ardmore Shipping Corporation announced its financial results for the three and nine months ended September 30, 2025, reporting adjusted earnings of $12.6 million for the third quarter and $27.2 million for the nine-month period. The company declared a cash dividend of $0.10 per common share for the quarter and fully redeemed its Series A Preferred Stock for $30.6 million. Ardmore also completed the acquisition of three modern MR tankers, enhancing its fleet and lowering its average fleet age. Geopolitical tensions, including the Russia-Ukraine conflict and instability in the Middle East, have impacted global energy supply chains, contributing to increased spot tanker rates and affecting the company’s operations.
The most recent analyst rating on (ASC) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Ardmore Shipping stock, see the ASC Stock Forecast page.
Spark’s Take on ASC Stock
According to Spark, TipRanks’ AI Analyst, ASC is a Outperform.
Ardmore Shipping’s strong financial performance and positive earnings call are the most significant factors driving the score. While technical indicators are neutral, the company’s strategic moves and market conditions support a favorable outlook. Valuation metrics suggest the stock is fairly priced, contributing to a solid overall score.
To see Spark’s full report on ASC stock, click here.
More about Ardmore Shipping
Ardmore Shipping Corporation operates in the maritime transportation industry, focusing on the operation of product and chemical tankers. The company primarily trades its fleet in the spot market and has a market focus on transporting refined petroleum products and chemicals.
Average Trading Volume: 498,801
Technical Sentiment Signal: Buy
Current Market Cap: $498.9M
For detailed information about ASC stock, go to TipRanks’ Stock Analysis page.