Ardmore Shipping Corporation (ASC)

Market Cap	517.58M
Revenue (ttm)	422.62M
Net Income (ttm)	149.67M
Shares Out	42.01M
EPS (ttm)	3.55
PE Ratio	3.47
Forward PE	7.97
Dividend	$1.52 (12.34%)
Ex-Dividend Date	Aug 30, 2024

Volume	978,204
Open	12.52
Previous Close	12.36
Day's Range	12.13 - 12.63
52-Week Range	11.59 - 23.44
Beta	0.38
Analysts	Buy
Price Target	20.00 (+62.34%)
Earnings Date	Nov 6, 2024

About ASC

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company’s fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Aug 1, 2013
• Employees: 56
• Stock Exchange: NYSE
• Ticker Symbol: ASC
• Website: https://ardmoreshipping.com

Financial Performance

In 2023, Ardmore Shipping's revenue was $395.98 million, a decrease of -11.16% compared to the previous year's $445.74 million. Earnings were $113.41 million, a decrease of -16.03%.

Analyst Forecast

According to 3 analysts, the average rating for ASC stock is "Buy." The 12-month stock price forecast is $20.0, which is an increase of 62.34% from the latest price.

Price Target

$20.0

(62.34% upside)

Analyst Consensus: Buy