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Ardmore Shipping (ASC)
NYSE:ASC
Holding ASC?
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ASC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$10.86 - $23.44
Previous CloseN/A
Volume204.69K
Average Volume (3M)872.20K
Market Cap
$524.28M
Enterprise Value$786.24M
Total Cash (Recent Filing)$55.95M
Total Debt (Recent Filing)$420.36M
Price to Earnings (P/E)3.7
Beta-0.03
Next Earnings
Feb 18, 2025EPS Estimate
0.39Last Dividend Ex-Date
Nov 29, 2024Dividend Yield8.16%
Share Statistics
EPS (TTM)3.56
Shares Outstanding41,841,667
10 Day Avg. Volume776,387
30 Day Avg. Volume872,195
Standard Deviation0.16
R-Squared0.00866
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.38
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap1.50
Enterprise Value/Revenue3.15
Enterprise Value/Gross Profit3.47
Enterprise Value/Ebitda6.77
Forecast
1Y Price Target
$17.00Price Target Upside35.67% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Ardmore Shipping News
PremiumCompany Announcements
Ardmore Shipping Reports Strong Q3 2024 Results
PremiumCompany Announcements
Ardmore Shipping Expands with Modern Tanker Fleet
PremiumCompany Announcements
Ardmore Shipping Reports Strong Q3 Results Amid Rising Tanker Rates
Ownership Overview
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Insiders
14.71% Mutual Funds
1.62% Other Institutional Investors
71.09% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ASC FAQ
What was Ardmore Shipping’s price range in the past 12 months?
Ardmore Shipping lowest stock price was $10.86 and its highest was $23.44 in the past 12 months.
What is Ardmore Shipping’s market cap?
Ardmore Shipping’s market cap is $524.28M.
When is Ardmore Shipping’s upcoming earnings report date?
Ardmore Shipping’s upcoming earnings report date is Feb 18, 2025 which is in 31 days.
How were Ardmore Shipping’s earnings last quarter?
Ardmore Shipping released its earnings results on Nov 06, 2024. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.505 by $0.045.
Is Ardmore Shipping overvalued?
According to Wall Street analysts Ardmore Shipping’s price is currently Undervalued.
Does Ardmore Shipping pay dividends?
Ardmore Shipping pays a Quarterly dividend of $1.078 which represents an annual dividend yield of 8.16%. See more information on Ardmore Shipping dividends here
What is Ardmore Shipping’s EPS estimate?
Ardmore Shipping’s EPS estimate is 0.39.
How many shares outstanding does Ardmore Shipping have?
Ardmore Shipping has 41,841,667 shares outstanding.
What happened to Ardmore Shipping’s price movement after its last earnings report?
Ardmore Shipping reported an EPS of $0.55 in its last earnings report, beating expectations of $0.505. Following the earnings report the stock price went down -3.846%.
Which hedge fund is a major shareholder of Ardmore Shipping?
Among the largest hedge funds holding Ardmore Shipping’s share is Royce & Associates LLC. It holds Ardmore Shipping’s shares valued at 12M.
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Ardmore Shipping Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$17.00 (35.67% Upside)
$17.00 (35.67% Upside)
Blogger Sentiment
Bullish
ASC Sentiment 93%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 38.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.14%
12-Months-Change
Fundamentals
Return on Equity
25.13%
Trailing 12-Months
Asset Growth
5.30%
Trailing 12-Months
Company Description
Ardmore Shipping
Ardmore Shipping Corp. engages in the ocean transportation of petroleum and chemical products in international trade through the ownership and operation of a fleet of tankers. It provides shipping services through voyage charters, time charters, and commercial pools. The company was founded by Anthony Gurnee on May 14, 2013 and is headquartered in Pembroke, Bermuda.
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ASC Company Deck
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ASC Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a positive sentiment driven by strong financial performance, strategic fleet investments, and supportive market conditions. Despite acknowledging short-term volatility and challenges related to an aging fleet and geopolitical tensions, Ardmore Shipping is well-positioned for future growth with reduced breakeven levels and continued capital allocation to enhance value creation.Read More>---
ASC Stock 12 Month Forecast
Average Price Target
$17.00
▲(35.67% Upside)
Technical Analysis
Best Analysts Covering ASC
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
+26.20%
reiterated a buy rating 2 months ago
Copying Jonathan Chappell's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +26.20% per trade.
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