Ardmore Shipping Corporation (ASC)
NYSE: ASC · Real-Time Price · USD
9.55
-0.13 (-1.29%)
Apr 30, 2025, 4:00 PM EDT - Market closed

Ardmore Shipping Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Ardmore Shipping stock have an average target of 13.67, with a low estimate of 11 and a high estimate of 17. The average target predicts an increase of 43.22% from the current stock price of 9.55.

Analyst Consensus: Buy
Target Low Average Median High
Price $11 $13.67 $13 $17
Change +15.24% +43.22% +36.20% +78.10%

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 '24Dec '24Jan '25Feb '25Mar '25Apr '25
Strong Buy 111111
Buy 111111
Hold 111111
Sell 000000
Strong Sell 000000
Total 333333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$14$13
Buy Maintains $14$13 +36.20% Apr 22, 2025
Stifel
Stifel
Hold
Maintains
$13$11
Hold Maintains $13$11 +15.24% Feb 14, 2025
Jefferies
Jefferies
Strong Buy
Maintains
$17
Strong Buy Maintains $17 +78.10% Feb 13, 2025
Jefferies
Jefferies
Strong Buy
Maintains
$20$17
Strong Buy Maintains $20$17 +78.10% Nov 14, 2024
Stifel
Stifel
Hold
Downgrades
$24$17
Hold Downgrades $24$17 +78.10% Oct 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
246.75M
from 405.78M
Decreased by -39.19%
Revenue Next Year
237.81M
from 246.75M
Decreased by -3.62%
EPS This Year
1.43
from 3.06
Decreased by -53.30%
EPS Next Year
1.62
from 1.43
Increased by 13.18%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
220.06M192.48M445.74M395.98M405.78M246.75M237.81M195.51M
Revenue Growth
-4.34%-12.53%131.57%-11.16%2.48%-39.19%-3.62%-17.79%
EPS
-0.18-1.123.522.713.061.431.621.92
EPS Growth
----23.01%12.92%-53.30%13.18%18.91%
Forward PE
-----6.685.904.96
No. Analysts
-----662
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 407.4M 380.1M 203.3M
Avg 246.8M 237.8M 195.5M
Low 161.3M 148.6M 189.7M

Revenue Growth

Revenue Growth 202520262027
High
0.4%
54.0%
-14.5%
Avg
-39.2%
-3.6%
-17.8%
Low
-60.3%
-39.8%
-20.2%

EPS Forecast

EPS 202520262027
High 2.49 2.51 2.00
Avg 1.43 1.62 1.92
Low 0.62 0.90 1.87

EPS Growth

EPS Growth 202520262027
High
-18.7%
75.6%
23.6%
Avg
-53.3%
13.2%
18.9%
Low
-79.8%
-36.9%
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.