Ardmore Shipping Corp (ASC)
NYSE:ASC
ASC Stock Chart & Stats
$15.29
-$0.15(-1.17%)
At close: 4:00 PM EST
$15.29
-$0.15(-1.17%)
Day’s Range― - ―
52-Week Range$8.32 - $16.91
Previous CloseN/A
Volume204.69K
Average Volume (3M)845.00K
Market Cap
$623.87M
Enterprise Value$703.18M
Total Cash (Recent Filing)$46.84M
Total Debt (Recent Filing)$128.87M
Price to Earnings (P/E)12.0
Beta0.45
Next Earnings
May 13, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend Yield2.8%
Share Statistics
EPS (TTM)0.28
Shares Outstanding40,802,612
10 Day Avg. Volume763,411
30 Day Avg. Volume844,996
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)0.78
Price to Sales (P/S)1.59
P/FCF Ratio-12.63
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue2.27
Enterprise Value/Gross Profit7.86
Enterprise Value/Ebitda8.39
Forecast
1Y Price Target
$17.00Price Target Upside11.18% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.56
Revenue Forecast (FY)$212.75M
Bulls Say, Bears Say
Bulls Say
De-risked Balance SheetA materially lower debt-to-equity (~0.20x) and a sizeable equity base improve financial resilience across tanker cycles. This structural strength reduces refinancing and covenant risk, preserves borrowing optionality for opportunistic buys or downturns, and supports sustained shareholder returns.
Fleet Upgrades & AvailabilityCompleting a major drydock cycle and upgrading chemical-tanker coatings materially raises on-hire availability and cargo versatility. Fewer dockings in 2026–27 and TCE improvements from coatings are durable operational advantages that boost utilization and reduce future maintenance volatility.
Lower Cash Breakeven And Stronger LiquidityA low cash breakeven and completion of a $350M revolving facility plus preferred redemption materially strengthen liquidity and lower financing risk. Structurally this widens downside protection in weaker markets and preserves flexibility for capital allocation and dividend policy through cycles.
Bears Say
High Spot-market ExposureWith ~82% of revenue exposed to spot rates, earnings remain highly cyclical and sensitive to freight-market swings. This structural exposure amplifies revenue and cashflow volatility over multi-month periods, complicating planning, capital returns and subjecting ROIC to rapid downturns in ton-mile demand.
2025 Revenue And Margin NormalizationA marked revenue decline and margin compression in 2025 indicate weaker sustainable earnings power versus the 2022–24 peak. This normalization lowers medium-term returns on equity, limits retained earnings accumulation, and reduces the margin of safety for dividends and opportunistic reinvestment.
Negative Free Cash Flow In 2025The swing to negative free cash flow despite positive operating cash flow highlights near-term cash strain from heavy 2025 capex/drydocks. Structurally, repeated negative FCF would pressure liquidity, increase reliance on revolver or asset sales, and constrain consistent capital returns absent rate recovery.
Ardmore Shipping News
ASC FAQ
What was Ardmore Shipping Corp’s price range in the past 12 months?
Ardmore Shipping Corp lowest stock price was $8.32 and its highest was $16.91 in the past 12 months.
What is Ardmore Shipping Corp’s market cap?
Ardmore Shipping Corp’s market cap is $623.87M.
When is Ardmore Shipping Corp’s upcoming earnings report date?
Ardmore Shipping Corp’s upcoming earnings report date is May 13, 2026 which is in 48 days.
How were Ardmore Shipping Corp’s earnings last quarter?
Ardmore Shipping Corp released its earnings results on Feb 12, 2026. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.01.
Is Ardmore Shipping Corp overvalued?
According to Wall Street analysts Ardmore Shipping Corp’s price is currently Undervalued.
Does Ardmore Shipping Corp pay dividends?
Ardmore Shipping Corp pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 2.8%. See more information on Ardmore Shipping Corp dividends here
What is Ardmore Shipping Corp’s EPS estimate?
Ardmore Shipping Corp’s EPS estimate is 0.47.
How many shares outstanding does Ardmore Shipping Corp have?
Ardmore Shipping Corp has 40,802,612 shares outstanding.
What happened to Ardmore Shipping Corp’s price movement after its last earnings report?
Ardmore Shipping Corp reported an EPS of $0.28 in its last earnings report, beating expectations of $0.27. Following the earnings report the stock price went down -3.533%.
Which hedge fund is a major shareholder of Ardmore Shipping Corp?
Currently, no hedge funds are holding shares in ASC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Ardmore Shipping Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$17.00 (11.18% Upside)
$17.00 (11.18% Upside)
Blogger Sentiment
Bullish
ASC Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 24.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 8.8%
Last 30 Days ▼ 8.8%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.93%
12-Months-Change
Fundamentals
Return on Equity
6.37%
Trailing 12-Months
Asset Growth
11.91%
Trailing 12-Months
Company Description
Ardmore Shipping Corp
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
ASC Company Deck
ASC Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was predominantly positive: management reported strong earnings, high TCEs, low cash breakeven, successful fleet upgrades, accretive acquisitions (three MRs up ~15%), and meaningful operational/technology gains (AI, advanced coatings, hull robots). At the same time, the company acknowledged material macro and structural risks — geopolitical disruption, an aging global MR fleet, spot-market exposure, and a tighter financing backdrop. Overall, the positive operational and financial developments and balance-sheet improvements substantially outweigh the listed risks, though these risks merit ongoing monitoring.View all ASC earnings summariesASC Stock 12 Month Forecast
Average Price Target
$17.00
▲(11.18% Upside)
Technical Analysis
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Ownership Overview
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Insiders
14.83% Mutual Funds
22.22% Other Institutional Investors
51.72% Public Companies and
Individual Investors