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NYSE:ASC

Ardmore Shipping (ASC) Stock Price, News & Analysis

Ardmore Shipping logo
$9.72 -0.08 (-0.77%)
Closing price 03:59 PM Eastern
Extended Trading
$9.74 +0.03 (+0.31%)
As of 04:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Ardmore Shipping Stock (NYSE:ASC)

Key Stats

Today's Range
$9.65
$9.93
50-Day Range
$9.06
$12.01
52-Week Range
$8.83
$23.44
Volume
574,065 shs
Average Volume
698,954 shs
Market Capitalization
$393.02 million
P/E Ratio
3.17
Dividend Yield
3.29%
Price Target
$18.00
Consensus Rating
Moderate Buy

Company Overview

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.

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Ardmore Shipping Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
96th Percentile Overall Score

ASC MarketRank™: 

Ardmore Shipping scored higher than 96% of companies evaluated by MarketBeat, and ranked 10th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ardmore Shipping has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ardmore Shipping has only been the subject of 2 research reports in the past 90 days.

  • Read more about Ardmore Shipping's stock forecast and price target.
  • Earnings Growth

    Earnings for Ardmore Shipping are expected to grow by 30.19% in the coming year, from $1.06 to $1.38 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ardmore Shipping is 3.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.52.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ardmore Shipping is 3.18, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.29.

  • Price to Book Value per Share Ratio

    Ardmore Shipping has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ardmore Shipping's valuation and earnings.
  • Percentage of Shares Shorted

    4.57% of the float of Ardmore Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Ardmore Shipping has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ardmore Shipping has recently decreased by 15.91%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ardmore Shipping pays a meaningful dividend of 3.17%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ardmore Shipping does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ardmore Shipping is 10.46%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 23.19% next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend.

  • Read more about Ardmore Shipping's dividend.
  • Percentage of Shares Shorted

    4.57% of the float of Ardmore Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Ardmore Shipping has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Ardmore Shipping has recently decreased by 15.91%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Ardmore Shipping has a news sentiment score of 1.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Ardmore Shipping this week, compared to 3 articles on an average week.
  • Search Interest

    Only 3 people have searched for ASC on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ardmore Shipping insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    62.22% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ardmore Shipping's insider trading history.
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ASC Stock News Headlines

Now I look stupid. Real stupid...
I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.
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ASC Stock Analysis - Frequently Asked Questions

Ardmore Shipping's stock was trading at $12.15 at the beginning of 2025. Since then, ASC stock has decreased by 19.9% and is now trading at $9.7350.
View the best growth stocks for 2025 here
.

Ardmore Shipping Co. (NYSE:ASC) posted its earnings results on Thursday, February, 13th. The shipping company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.33 by $0.08. Ardmore Shipping had a trailing twelve-month return on equity of 20.48% and a net margin of 32.78%.

Shares of ASC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ardmore Shipping investors own include NVIDIA (NVDA), Meta Platforms (META), Invesco QQQ (QQQ), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Last Earnings
2/13/2025
Record date for 3/14 Dividend
2/28/2025
Ex-Dividend for 3/14 Dividend
2/28/2025
Dividend Payable
3/14/2025
Today
4/01/2025
Next Earnings (Estimated)
5/14/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NYSE:ASC
Fax
N/A
Employees
990
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$26.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+82.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Trailing P/E Ratio
3.23
Forward P/E Ratio
9.30
P/E Growth
N/A
Net Income
$133.01 million
Pretax Margin
33.94%

Debt

Sales & Book Value

Annual Sales
$405.78 million
Cash Flow
$3.73 per share
Price / Cash Flow
2.64
Book Value
$14.52 per share
Price / Book
0.68

Miscellaneous

Free Float
N/A
Market Cap
$398.89 million
Optionable
Optionable
Beta
0.23

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This page (NYSE:ASC) was last updated on 4/1/2025 by MarketBeat.com Staff
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