Market openNon-fractional
Ardmore Shipping/ASC
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Ardmore Shipping
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.
Ticker
ASC
Sector
Energy
Trading on
NYSE
Industry
Oil, Gas and Consumable Fuels
Headquarters
Pembroke, Bermuda
Employees
56
Website
ardmoreshipping.com
Ardmore Shipping Metrics
BasicAdvanced
$926M
Market cap
8.56
P/E ratio
$2.59
EPS
0.37
Beta
$0.87
Dividend rate
3.92%
Dividend yield
Price and volume
Market cap
$926M
Beta
0.37
Dividend rate
$0.87
Financial strength
Current ratio
1.951
Quick ratio
1.478
Long term debt to equity
4.041
Total debt to equity
11.901
Dividend payout ratio (TTM)
36.57%
Interest coverage (TTM)
11.08%
Management effectiveness
Return on assets (TTM)
10.85%
Return on equity (TTM)
19.70%
Valuation
Price to earnings (TTM)
8.565
Price to revenue (TTM)
2.387
Price to book
1.62
Price to tangible book (TTM)
1.62
Price to free cash flow (TTM)
7.945
Dividend yield (TTM)
3.92%
Growth
Revenue change (TTM)
-23.28%
Earnings per share change (TTM)
-44.11%
3-year revenue growth
24.21%
3-year earnings per share growth
59.21%
What the Analysts think about Ardmore Shipping
Analyst Ratings
Majority rating from 6 analysts.
Ardmore Shipping Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$106M
7.59%
Net income
$39M
45.19%
Profit margin
36.87%
34.96%
Ardmore Shipping Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.57
$0.49
$0.63
$0.92
-
Expected
$0.56
$0.44
$0.62
$0.83
$0.98
Surprise
2.15%
11.72%
0.99%
10.34%
-
Ardmore Shipping News
AllArticlesVideos
![Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate](https://cdn.snapi.dev/images/v1/s/b/image-1449627094-2425954.jpg)
Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate
Seeking Alpha·2 months ago
![Ardmore Shipping Corporation (ASC) Q1 2024 Earnings Call Transcript](https://cdn.snapi.dev/images/v1/6/w/transcript19-2418939.jpg)
Ardmore Shipping Corporation (ASC) Q1 2024 Earnings Call Transcript
Seeking Alpha·2 months ago
![Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2024](https://cdn.snapi.dev/images/v1/d/f/press16-2417798.jpg)
Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2024
PRNewsWire·2 months ago
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Market openNon-fractional
Upcoming events
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FAQs
What’s the current market cap for Ardmore Shipping stock?
Ardmore Shipping (ASC) has a market cap of $926M as of July 05, 2024.
What is the P/E ratio for Ardmore Shipping stock?
The price to earnings (P/E) ratio for Ardmore Shipping (ASC) stock is 8.56 as of July 05, 2024.
Does Ardmore Shipping stock pay dividends?
Yes, the Ardmore Shipping (ASC) stock pays dividends to shareholders. As of July 05, 2024, the dividend rate is $0.87 and the yield is 3.92%. Ardmore Shipping has a payout ratio of 36.57% 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 0.37. 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.
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