Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
11.41
-0.83 (-6.78%)
Jan 21, 2025, 4:00 PM EST - Market closed
Ardmore Shipping Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ardmore Shipping stock have an average target of 20, with a low estimate of 17 and a high estimate of 26. The average target predicts an increase of 75.28% from the current stock price of 11.41.
Analyst Consensus: Buy
* Price targets were last updated on Nov 14, 2024.
Analyst Ratings
The average analyst rating for ASC stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Strong Buy Maintains $20 → $17 | Strong Buy | Maintains | $20 → $17 | +48.99% | Nov 14, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $24 → $17 | Strong Buy → Hold | Downgrades | $24 → $17 | +48.99% | Oct 23, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +110.34% | Jul 31, 2024 |
| Stifel | Stifel | Strong Buy Maintains $22 → $24 | Strong Buy | Maintains | $22 → $24 | +110.34% | Jul 24, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $25 → $26 | Buy | Maintains | $25 → $26 | +127.87% | Jul 23, 2024 |
Financial Forecast
Revenue This Year
381.96M
from 395.98M
Decreased by -3.54%
Revenue Next Year
263.59M
from 381.96M
Decreased by -30.99%
EPS This Year
3.15
from 2.71
Increased by 16.21%
EPS Next Year
1.90
from 3.15
Decreased by -39.61%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 465.2M | 394.8M | 342.3M | |
| Avg | 382.0M | 263.6M | 250.2M | |
| Low | 274.6M | 162.4M | 148.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 17.5% | 3.4% | 29.9% | |
| Avg | -3.5% | -31.0% | -5.1% | |
| Low | -30.7% | -57.5% | -43.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 3.52 | 2.88 | 2.55 | |
| Avg | 3.15 | 1.90 | 1.72 | |
| Low | 2.86 | 1.11 | 0.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 29.8% | -8.6% | 33.8% | |
| Avg | 16.2% | -39.6% | -9.7% | |
| Low | 5.6% | -64.8% | -49.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.