Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
9.59
+0.43 (4.69%)
Mar 4, 2025, 2:01 PM EST - Market open
Ardmore Shipping Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ardmore Shipping stock have an average target of 18, with a low estimate of 11 and a high estimate of 26. The average target predicts an increase of 87.70% from the current stock price of 9.59.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Ardmore Shipping stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $13 → $11 | Hold | Maintains | $13 → $11 | +14.70% | Feb 14, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $17 | Strong Buy | Maintains | $17 | +77.27% | Feb 13, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $20 → $17 | Strong Buy | Maintains | $20 → $17 | +77.27% | Nov 14, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $24 → $17 | Strong Buy → Hold | Downgrades | $24 → $17 | +77.27% | Oct 23, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +150.26% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
244.56M
from 405.78M
Decreased by -39.73%
Revenue Next Year
230.54M
from 244.56M
Decreased by -5.73%
EPS This Year
1.26
from 3.06
Decreased by -58.88%
EPS Next Year
1.35
from 1.26
Increased by 7.00%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 394.8M | 342.3M | 203.3M |
| Avg | 244.6M | 230.5M | 195.5M |
| Low | 162.4M | 148.6M | 189.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.7% | 40.0% | -11.8% |
| Avg | -39.7% | -5.7% | -15.2% |
| Low | -60.0% | -39.2% | -17.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.49 | 2.51 | 2.00 |
| Avg | 1.26 | 1.35 | 1.92 |
| Low | 0.56 | 0.25 | 1.87 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -18.7% | 99.4% | 48.5% |
| Avg | -58.9% | 7.0% | 42.8% |
| Low | -81.7% | -79.7% | 38.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.