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.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Aug 1, 2013
• Employees: 47
• Stock Exchange: NYSE
• Ticker Symbol: ASC

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.

Analyst 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.

Price Target

$17.09

(16.66% upside)

Analyst Consensus: Buy