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Ardmore Shipping Corporation (ASC)

NYSE: ASC · IEX Real-Time Price · USD
3.88 0.16 (4.30%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap131.61M
Revenue (ttm)179.76M
Net Income (ttm)-42.85M
Shares Out34.36M
EPS (ttm)-1.29
PE Ration/a
Forward PE5.03
Dividendn/a
Ex-Dividend Daten/a
Volume362,945
Open3.78
Previous Close3.72
Day's Range3.71 - 3.96
52-Week Range2.61 - 5.43
Beta0.89
AnalystsBuy
Price Target5.00 (+28.9%)
Est. Earnings DateNov 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.

IndustryOil, Gas & Consumable Fuels
IPO DateAug 1, 2013
CEOAnthony Gurnee
Employees47
Stock ExchangeNYSE
Ticker SymbolASC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$5.00
(28.87% upside)
Analyst Consensus: Buy

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 ...

1 month ago - PRNewsWire

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?

2 months ago - Zacks Investment Research

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 ...

2 months ago - Benzinga

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...

2 months ago - PRNewsWire

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.

2 months ago - Benzinga

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...

2 months ago - PRNewsWire

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.

2 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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?

5 months ago - Zacks Investment Research

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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

Other symbols:BCEIGNCAGNLNXOG
6 months ago - Zacks Investment Research

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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.

Other symbols:CVEINFICHRAVTGN
7 months ago - 24/7 Wall Street

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?

8 months ago - Zacks Investment Research

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 ...

8 months ago - Benzinga

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 ...

8 months ago - PRNewsWire

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 ...

Other symbols:INTKT
8 months ago - GuruFocus

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...

9 months ago - Seeking Alpha

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...

10 months ago - PRNewsWire

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

11 months ago - Seeking Alpha

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

11 months ago - Seeking Alpha

Ardmore Shipping: Q3 Earnings Insights

  Shares of Ardmore Shipping (NYSE:ASC) fell 0.7% in pre-market trading after the company reported Q3 results.

11 months ago - Benzinga