Ardmore Shipping Corporation (ASC)
| Market Cap | 131.61M |
| Revenue (ttm) | 179.76M |
| Net Income (ttm) | -42.85M |
| Shares Out | 34.36M |
| EPS (ttm) | -1.29 |
| PE Ratio | n/a |
| Forward PE | 5.03 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 362,945 |
| Open | 3.78 |
| Previous Close | 3.72 |
| Day's Range | 3.71 - 3.96 |
| 52-Week Range | 2.61 - 5.43 |
| Beta | 0.89 |
| Analysts | Buy |
| Price Target | 5.00 (+28.9%) |
| Est. Earnings Date | Nov 3, 2021 |
About ASC
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, 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.
Financial Performance
In 2020, ASC's revenue was $220.06 million, a decrease of -4.34% compared to the previous year's $230.04 million. Losses were -$6.05 million, -73.55% less than in 2019.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ASC stock is "Buy." The 12-month stock price forecast is 5.00, which is an increase of 28.87% from the latest price.
News
Ardmore Shipping Completes Annual Review of Securities Filings
HAMILTON, Bermuda, Aug. 20, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company has completed its annual review of its securities ...
Ardmore Shipping (ASC) Reports Q2 Loss, Tops Revenue Estimates
Ardmore Shipping (ASC) delivered earnings and revenue surprises of 8.00% and 0.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Ardmore Shipping Q2 Earnings
Shares of Ardmore Shipping (NYSE:ASC) rose 1.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share decreased 156.10% year over year to ($0.23), which beat ...
Ardmore Shipping Corporation Announces Financial Results For The Three And Six Months Ended June 30, 2021
HAMILTON, Bermuda, July 27, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2021. Hig...
Earnings Outlook For Ardmore Shipping
Ardmore Shipping (NYSE:ASC) unveils its next round of earnings this Tuesday, July 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.
Ardmore Shipping Announces Second Quarter 2021 Conference Call and Webcast
HAMILTON, Bermuda, July 20, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings befo...
Analysts Estimate Ardmore Shipping (ASC) to Report a Decline in Earnings: What to Look Out for
Ardmore Shipping (ASC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Ardmore Shipping to Present at Maxim Group's Future of Shipping Virtual Conference
HAMILTON, Bermuda, June 28, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company's Chief Financial Officer, Paul Tivnan, is schedul...
Ardmore Shipping Announces Definitive Agreements on Strategic Investment in Element 1 Corp., Establishment of e1 Mari...
HAMILTON, Bermuda, June 4, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that it has entered into definitive agreements for the previously an...
Ardmore Shipping (ASC) Reports Q1 Loss, Tops Revenue Estimates
Ardmore Shipping (ASC) delivered earnings and revenue surprises of 7.14% and 0.96%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2021
HAMILTON, Bermuda, May 5, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2021. Highlights a...
Ardmore Shipping Announces First Quarter 2021 Conference Call and Webcast
HAMILTON, Bermuda, April 28, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings befo...
New Strong Sell Stocks for April 13th
ASC, BCEI, XOG, GNCA, and GNLN have been added to the Zacks Rank #5 (Strong Sell) List on April 13, 2021
Ardmore Shipping Announces Strategic Investment and Joint Venture with Element 1 Corp. and Maritime Partners LLC to D...
HAMILTON, Bermuda, March 15, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore," "ASC," or the "Company") today announced that it has signed a Letter of Intent ("LOI") with Element...
Ardmore Shipping Files 2020 Annual Report on Form 20-F
HAMILTON, Bermuda, March 5, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year ended...
5 Stocks to Buy Now Trading Under $10 With Ample Upside Potential
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
Ardmore Shipping (ASC) Reports Q4 Loss, Misses Revenue Estimates
Ardmore Shipping (ASC) delivered earnings and revenue surprises of 4.88% and -12.61%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Ardmore Shipping: Q4 Earnings Insights
Shares of Ardmore Shipping (NYSE:ASC) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share decreased 587.50% over the past year to ($0.39), which were in line with ...
Ardmore Shipping Announces Fourth Quarter and Full Year 2020 Conference Call and Webcast
HAMILTON, Bermuda, Feb. 3, 2021 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its fourth quarter and full year ...
A Trio of Stocks Trading Near the GuruFocus Value Line
If in search of bargain opportunities, value investors may want to consider the three securities listed in this article, as their share prices are trading near or below the intrinsic value estimated by ...
Navigating Product Tanker Markets With Ardmore Shipping (Podcast Transcript)
Value Investor's Edge Live continues with this latest episode focused on the product tanker segment of the shipping industry. CFO Paul Tivnan joined us on 17 November to discuss product tanker markets a...
Ardmore Shipping to Present at Sidoti & Company Virtual Conference
HAMILTON, Bermuda, Nov. 16, 2020 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company's Chief Financial Officer, Paul Tivnan, is schedul...
Ardmore Shipping Corporation (ASC) CEO Anthony Gurnee on Q3 2020 Results - Earnings Call Transcript
Ardmore Shipping Corporation (ASC) CEO Anthony Gurnee on Q3 2020 Results - Earnings Call Transcript
Ardmore Shipping Corporation's (ASC) CEO Anthony Gurnee On Q3 2020 Results - Quick Version Earnings Call Transcript
Ardmore Shipping Corporation's (ASC) CEO Anthony Gurnee On Q3 2020 Results - Quick Version Earnings Call Transcript
Ardmore Shipping: Q3 Earnings Insights
Shares of Ardmore Shipping (NYSE:ASC) fell 0.7% in pre-market trading after the company reported Q3 results.