Ardmore Shipping Corporation (ASC)
Market Cap | 594.03M |
Revenue (ttm) | 365.37M |
Net Income (ttm) | 73.42M |
Shares Out | 40.55M |
EPS (ttm) | 1.86 |
PE Ratio | 7.47 |
Forward PE | 8.47 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,280,778 |
Open | 13.85 |
Previous Close | 13.94 |
Day's Range | 13.59 - 14.78 |
52-Week Range | 3.33 - 16.32 |
Beta | 0.61 |
Analysts | Buy |
Price Target | 17.09 (+16.66%) |
Earnings Date | Feb 14, 2023 |
About ASC
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, 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. [Read more]
Financial Performance
In 2021, ASC's revenue was $192.48 million, a decrease of -12.53% compared to the previous year's $220.06 million. Losses were -$38.09 million, 529.9% more than in 2020.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for ASC stock is "Buy." The 12-month stock price forecast is $17.09, which is an increase of 16.66% from the latest price.
News

Ardmore Shipping Corporation (ASC) Is a Trending Stock: Facts to Know Before Betting on It
Zacks.com users have recently been watching Ardmore Shipping (ASC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Ardmore Shipping (ASC) Moves 5.6% Higher: Will This Strength Last?
Ardmore Shipping (ASC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increa...

These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Ardmore Shipping to Host 2023 Investor Day in New York
Company to provide a comprehensive update on product and chemical tanker markets, the impacts of evolving sanctions and regulatory regimes that are reshaping global energy flows, and Ardmore's strateg...

Can Ardmore Shipping (ASC) Keep the Earnings Surprise Streak Alive?
Ardmore Shipping (ASC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Investors Heavily Search Ardmore Shipping Corporation (ASC): Here is What You Need to Know
Zacks.com users have recently been watching Ardmore Shipping (ASC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Ardmore Shipping Appoints a New Director to the Company's Board
HAMILTON, Bermuda , Jan. 9, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced the appointment of Mr. James Fok to the Company's Board of Direct...

Ardmore Shipping Corporation (ASC) is Attracting Investor Attention: Here is What You Should Know
Ardmore Shipping (ASC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Buy These 4 Low-Beta Stocks to Sail Through the Choppy Market
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Scorpio Tankers (STNG), eGain (EGAN), Ardmore Shipping (ASC) and KnowBe4 (KNBE) are poised to gain.

3 Top-Ranked Stocks That Doubled in 2022
In a gloomy 2022, these three stocks have snapped the overall bearish trend and rewarded investors handsomely. The runs could be far from over, as indicated by their strong earnings outlooks.

Is Ardmore Shipping (ASC) Outperforming Other Transportation Stocks This Year?
Here is how Ardmore Shipping (ASC) and Frontline (FRO) have performed compared to their sector so far this year.

Recent Price Trend in Ardmore Shipping (ASC) is Your Friend, Here's Why
Ardmore Shipping (ASC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Are Transportation Stocks Lagging Ardmore Shipping (ASC) This Year?
Here is how Ardmore Shipping (ASC) and International Seaways (INSW) have performed compared to their sector so far this year.

Best Momentum Stocks to Buy for December 1st
INSW, TNP and ASC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 1, 2022.

New Strong Buy Stocks for December 1st
BCH, FRO, INSW, TNP and ASC have been added to the Zacks Rank #1 (Strong Buy) List on December 1, 2022.

Is Ardmore Shipping (ASC) Stock Outpacing Its Transportation Peers This Year?
Here is how Ardmore Shipping (ASC) and International Seaways (INSW) have performed compared to their sector so far this year.

Ardmore Shipping (ASC) Is Up 8.34% in One Week: What You Should Know
Does Ardmore Shipping (ASC) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 Stocks With Recent Price Strength Backed by October Rally
Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are INSW, VIST, ASC, OSBC and EIG.

Ardmore Shipping (ASC) Q3 Earnings and Revenues Top Estimates
Ardmore Shipping (ASC) delivered earnings and revenue surprises of 10% and 11.51%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2022
HAMILTON, Bermuda , Nov. 2, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2...

Ardmore Shipping Initiates New Quarterly Dividend Policy
Marks the Next Stage of the Company's Capital Allocation Policy Established in 2020 First Dividend Under New Policy Expected to Commence with Quarter Ending December 31, 2022 HAMILTON, Bermuda , Nov. ...

Ardmore Shipping Announces Third Quarter 2022 Conference Call and Webcast
HAMILTON, Bermuda, Oct. 26, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings bef...

Are You Looking for a Top Momentum Pick? Why Ardmore Shipping (ASC) is a Great Choice
Does Ardmore Shipping (ASC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Buy These 4 Low-Beta Stocks to Combat Market Volatility
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Scorpio Tankers Inc. (STNG), AMN Healthcare (AMN), Ardmore (ASC) and Lancaster (LANC) are poised to gain.