Ardmore Shipping/ASC

$15.88

-2.45%
-
1D1W1MYTD1YMAX

About Ardmore Shipping

Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. The Company operates through one segment, which is transportation of refined petroleum products and chemicals. The Company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. It provides shipping services to customers through voyage charters, time charters, and commercial pools. It has the global network to support its seafarers and deliver shipping services to its customers. Its vessels include Ardmore Seafarer, Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Chippewa, and Ardmore Seavaliant, among others.

Ticker

ASC

Sector

Energy

Trading on

NYSE

Industry

Water Transportation

CEO

Anthony Gurnee

Employees

56

Headquarters

Hamilton, Bermuda

Ardmore Shipping Metrics

BasicAdvanced
$659.57M
Market cap
5.85
P/E ratio
$2.71
EPS
0.38
Beta
$1.15
Dividend rate
5.73%
Dividend yield
$659.57M
0.38381
$17.17
$11.59
647.35K
$1.15
3.747
3.375
14.136
15.61
41.58%
11.185
13.01%
16.66%
22.53%
17.75%
5.851
1.666
1.221
1.148
7.903
7.24%
5.73%
-11.16%
-18.92%
21.63%

What the Analysts think about Ardmore Shipping

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 5 analysts.
27.2% upside
High $21.00
Low $20.00
$15.88
Current price
$20.20
Average price target

Ardmore Shipping Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
27.32% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$98.8M
13.69%
Net income
$27M
27.36%
Profit margin
27.32%
12.01%

Ardmore Shipping Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 0.99%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.04
$0.57
$0.49
$0.63
-
Expected
$1.01
$0.56
$0.44
$0.62
$0.81
Surprise
3.48%
2.15%
11.72%
0.99%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Ardmore Shipping stock?

Ardmore Shipping (ASC) has a market cap of $659.57M as of April 14, 2024.

What is the P/E ratio for Ardmore Shipping stock?

The price to earnings (P/E) ratio for Ardmore Shipping (ASC) stock is 5.85 as of April 14, 2024.

Does Ardmore Shipping stock pay dividends?

Yes, the Ardmore Shipping (ASC) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $1.15 and the yield is 5.73%. Ardmore Shipping has a payout ratio of 41.58% on a trailing twelve-month basis.

When is the next Ardmore Shipping dividend payment date?

The next Ardmore Shipping (ASC) dividend payment date is unconfirmed.

What is the beta indicator for Ardmore Shipping?

Ardmore Shipping (ASC) has a beta rating of 0.38. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Ardmore Shipping stock price target?

The target price for Ardmore Shipping (ASC) stock is $20.2, which is 27.2% above the current price of $15.88. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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