Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
8.97
+0.46 (5.41%)
At close: Apr 9, 2025, 4:00 PM
9.19
+0.22 (2.45%)
After-hours: Apr 9, 2025, 7:58 PM EDT
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 100.67% from the current stock price of 8.97.
Analyst Consensus: Buy
* Price targets were last updated on Feb 14, 2025.
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 | Nov '24 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 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 | +22.63% | Feb 14, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $17 | Strong Buy | Maintains | $17 | +89.52% | Feb 13, 2025 |
| Jefferies | Jefferies | Strong Buy Maintains $20 → $17 | Strong Buy | Maintains | $20 → $17 | +89.52% | Nov 14, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $24 → $17 | Strong Buy → Hold | Downgrades | $24 → $17 | +89.52% | Oct 23, 2024 |
| Jefferies | Jefferies | Strong Buy Maintains $21 → $24 | Strong Buy | Maintains | $21 → $24 | +167.56% | Jul 31, 2024 |
Financial Forecast
Revenue This Year
265.42M
from 405.78M
Decreased by -34.59%
Revenue Next Year
255.46M
from 265.42M
Decreased by -3.75%
EPS This Year
1.22
from 3.06
Decreased by -60.27%
EPS Next Year
1.62
from 1.22
Increased by 33.02%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 407.4M | 380.1M | 203.3M |
| Avg | 265.4M | 255.5M | 195.5M |
| Low | 186.9M | 180.5M | 189.7M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 0.4% | 43.2% | -20.4% |
| Avg | -34.6% | -3.8% | -23.5% |
| Low | -53.9% | -32.0% | -25.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.49 | 2.51 | 2.00 |
| Avg | 1.22 | 1.62 | 1.92 |
| Low | 0.35 | 0.90 | 1.87 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -18.7% | 106.4% | 23.6% |
| Avg | -60.3% | 33.0% | 18.9% |
| Low | -88.5% | -25.8% | 15.4% |
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.