Ardmore Shipping Corporation (ASC)

NYSE: ASC · IEX Real-Time Price · USD
7.00
-0.11 (-1.55%)
Jun 24, 2022 4:00 PM EDT - Market closed
-1.55%
Market Cap 242.01M
Revenue (ttm) 210.30M
Net Income (ttm) -37.44M
Shares Out 34.57M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE 10.13
Dividend n/a
Ex-Dividend Date n/a
Volume 4,390,937
Open 7.17
Previous Close 7.11
Day's Range 6.90 - 7.40
52-Week Range 3.07 - 8.24
Beta 0.30
Analysts Buy
Price Target 8.11 (+15.9%)
Earnings Date Jul 26, 2022

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...]

Industry Oil, Gas & Consumable Fuels
IPO Date Aug 1, 2013
CEO Anthony Gurnee
Employees 47
Stock Exchange NYSE
Ticker Symbol ASC
Full Company Profile

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 -$36.83 million, 509.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ASC stock is "Buy." The 12-month stock price forecast is 8.11, which is an increase of 15.86% from the latest price.

Price Target
$8.11
(15.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

What Makes Ardmore Shipping (ASC) a Good Fit for "Trend Investing"

If you are looking for stocks that are well positioned to maintain their recent uptrend, Ardmore Shipping (ASC) could be a great choice. It is one of the several stocks that passed through our "Recent P...

Are Transportation Stocks Lagging Ardmore Shipping (ASC) This Year?

Here is how Ardmore Shipping (ASC) and Dynagas LNG (DLNG) have performed compared to their sector so far this year.

Strength Seen in Ardmore Shipping (ASC): Can Its 8% Jump Turn into More Strength?

Ardmore Shipping (ASC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more stren...

Is Ardmore Shipping (ASC) Stock Outpacing Its Transportation Peers This Year?

Here is how Ardmore Shipping (ASC) and C.H. Robinson Worldwide (CHRW) have performed compared to their sector so far this year.

Recent Price Trend in Ardmore Shipping (ASC) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Ardmore Shipping (ASC) could be a great choice. It is one of the several stocks that passed through our "Recent P...

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

3 Best Stocks to Invest in for Superb Earnings Acceleration

Invest in stocks like Helmerich & Payne (HP), Ardmore Shipping (ASC) and Euronav (EURN) at the moment for superb earnings acceleration.

Other symbols: EURNHP

Here's Why Momentum in Ardmore Shipping (ASC) Should Keep going

If you are looking for stocks that are well positioned to maintain their recent uptrend, Ardmore Shipping (ASC) could be a great choice. It is one of the several stocks that passed through our "Recent P...

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

Ardmore Shipping (ASC) is a Great Momentum Stock: Should You Buy?

Does Ardmore Shipping (ASC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Ardmore Shipping (ASC) Reports Q1 Loss, Tops Revenue Estimates

Ardmore Shipping (ASC) delivered earnings and revenue surprises of 57.14% and 7.98%, respectively, for the quarter ended March 2022. 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, 2022

HAMILTON, Bermuda, May 4, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2022. Highlights a...

Has Ardmore Shipping (ASC) Outpaced Other Transportation Stocks This Year?

Here is how Ardmore Shipping (ASC) and Dynagas LNG (DLNG) have performed compared to their sector so far this year.

Strength Seen in Ardmore Shipping (ASC): Can Its 12.8% Jump Turn into More Strength?

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 increase...

Ardmore Shipping (ASC) Expected to Beat Earnings Estimates: Should You Buy?

Ardmore Shipping (ASC) possesses 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 Announces First Quarter 2022 Conference Call and Webcast

HAMILTON, Bermuda , April 27, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings bef...

Strength Seen in Ardmore Shipping (ASC): Can Its 10.9% Jump Turn into More Strength?

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 may not translate into further price increa...

Ardmore Announces Sale and Time-Charter Back of Vessels

Sale of three MRs in an en-bloc transaction with Leonhardt & Blumberg HAMILTON, Bermuda , April 4, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced to...

Ardmore Shipping Files 2021 Annual Report on Form 20-F

HAMILTON, Bermuda, March 11, 2022 /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 ende...

Ardmore Shipping to Present in Capital Link Company Presentation Series

HAMILTON, Bermuda, March 8, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that it will participate in the Capital Link Company Presentation S...

Ardmore Shipping (ASC) Reports Q4 Loss, Lags Revenue Estimates

Ardmore Shipping (ASC) delivered earnings and revenue surprises of 0% and 5.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2021

HAMILTON, Bermuda, Feb. 15, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 20...

Ardmore Shipping Announces Fourth Quarter 2021 Conference Call and Webcast

HAMILTON, Bermuda, Feb. 8, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its fourth quarter and full year ...

Ardmore Shipping (ASC) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

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.

New Strong Sell Stocks for February 1st

ASC, ATRO, and DHX have been added to the Zacks Rank #5 (Strong Sell) List on February 1, 2022

Other symbols: ATRODHX