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ASC

Ardmore Shipping Corp
$
8.920
-0.370(-3.980%)
  • Overview
  • Forecast
  • Valuation
Line
Line
|
Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
9.340
Open
9.340
VWAP
8.99
Vol
435.11K
Mkt Cap
361.29M
Low
8.905
Amount
3.91M
EV/EBITDA(TTM)
2.44
Total Shares
41.73M
EV
395.87M
EV/OCF(TTM)
2.47
P/S(TTM)
0.96

Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. The Company operates through one segment, which is transportation of refined petroleum products and chemicals. The Company prov...Show More

Market Estimates

Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2025Q1
FY2025Q2
FY2025Q3
43.04M
-43.18%
0.158
-82.88%
43.42M
-49.87%
0.217
-80.75%
39.32M
-36.11%
0.160
-70.91%
Estimates Revision
The market is revising Downward the revenue expectations for Ardmore Shipping Corporation (ASC) for FY2025, with the revenue forecasts being adjusted by -17.69% over the past three months. During the same period, the stock price has changed by -32.58%.
Revenue Estimates for FY2025
Revise Downward
down Image
-17.69%
In Past 3 Month
EPS Estimates for FY2025
Revise Downward
down Image
-55.74%
In Past 3 Month
Stock Price
Go Down
down Image
-32.58%
In Past 3 Month
2 Analyst Rating
up Image
40.13% Upside
Wall Street analysts forecast ASC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ASC is 12.50 USD with a low forecast of 11.00 USD and a high forecast of 14.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
1 Hold
0 Sell
Moderate Buy
up Image
40.13% Upside
Current: 8.920
sliders
Low
11.00
Averages
12.50
High
14.00
Stifel
Benjamin Nolan
Hold
Maintains
$13 → $11
2025-02-14
Reason
Jefferies
Omar Nokta
Strong Buy
Maintains
$17
2025-02-13
Reason
Jefferies
Omar Nokta
Strong Buy
Maintains
$20 → $17
2024-11-14
Reason
Jefferies analyst Omar Nokta lowered the firm's price target on Ardmore Shipping to $17 from $20 and keeps a Buy rating on the shares. Tanker stocks gave up their 2024 gains weeks ago and are now down 5% on the year, notes the analyst, who argues that a "lackluster spot market remains the key element driving sentiment lower." Q3 estimate revisions have been followed by Q4 estimate revisions, which is "now leading to nervousness on 2025," the analyst added in a note on the group in which the firm lowered price targets nearly across the board.
Stifel
Benjamin Nolan
Strong Buy
to
Hold
Downgrades
$24 → $17
2024-10-23
Reason
Stifel downgraded Ardmore Shipping to Hold from Buy with a price target of $17, down from $24. The firm says that for the better part of the past four years, most shipping segments have been strong, following a multi-year period of weakness. Growing demand and limited supply account for much of the strength, which has been augmented by longer ton-miles from Russian sanctions and the effective closure of the Red Sea, the analyst tells investors in a research note. Stifel believes that while these factors show no signs of reversing, and ship supply is "reasonable albeit higher," it expects the demand drivers, at least in the near term, to be played out. Most shipping segments are headed toward a rate pause, which should drag asset values lower, contends the firm. As such, it downgraded a number of dry bulk and tanker names "as the market finds its new level next year."
Jefferies
Omar Nokta
Strong Buy
Maintains
$21 → $24
2024-07-31
Reason
Stifel
Benjamin Nolan
Strong Buy
Maintains
$22 → $24
2024-07-24
Reason
Evercore ISI Group
Jonathan Chappell
Buy
Maintains
$25 → $26
2024-07-23
Reason
Jefferies
Omar Nokta
Strong Buy
Maintains
$20 → $21
2024-05-08
Reason
Stifel
Benjamin Nolan
Strong Buy
Maintains
$21 → $22
2024-04-19
Reason

Valuation Metrics

The current forward P/E ratio for Ardmore Shipping Corp (ASC.N) is 9.67, compared to its 5-year average forward P/E of -0.40. For a more detailed relative valuation and DCF analysis to assess Ardmore Shipping Corp 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-0.40
Current PE
9.67
Overvalued PE
10.66
Undervalued PE
-11.46

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average EV/EBITDA
7.44
Current EV/EBITDA
5.38
Overvalued EV/EBITDA
12.58
Undervalued EV/EBITDA
2.30

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Fair
5Y Average PS
1.78
Current PS
2.11
Overvalued PS
2.60
Undervalued PS
0.95

Financials

Annual
Quarterly
FY2024Q4
YoY :
-17.03%
82.04M
Total Revenue
FY2024Q4
YoY :
-61.51%
11.47M
Operating Profit
FY2024Q4
YoY :
-58.01%
11.47M
Net Income after Tax
FY2024Q4
YoY :
-80.65%
0.12
EPS - Diluted
FY2024Q4
YoY :
+96.47%
19.89M
Free Cash Flow
FY2024Q4
YoY :
-28.12%
30.91
Gross Profit Margin - %
FY2024Q4
YoY :
-27.90%
24.40
FCF Margin - %
FY2024Q4
YoY :
-69.07%
8.45
Net Margin - %
FY2024Q4
YoY :
+9.60%
20.89
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
123.5K
Volume
2
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
65.0K
USD
2
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
3
24.0K
USD
Months

ASC News & Events

Events Timeline
2024-11-06 (ET)
2024-11-06
07:06:10
Ardmore Shipping reports Q3 adjusted EPS 55c, consensus 62c
select
News
6.5
04-14CNBC
Cramer's Lightning Round: 'I'm going to have to say no to Ardmore Shipping'
8.0
04-04MarketWatch
Trump’s tariff war is tanking shipping stocks, but this one stands out
2.0
04-01NASDAQ.COM
Ardmore Shipping (ASC) Stock Drops Despite Market Gains: Important Facts to Note
2.0
03-26NASDAQ.COM
Why the Market Dipped But Ardmore Shipping (ASC) Gained Today
2.0
03-20NASDAQ.COM
Ardmore Shipping (ASC) Suffers a Larger Drop Than the General Market: Key Insights
1.0
03-10Newsfilter
Gas & Tankers Shipping Industry Leaders Presenting at Capital Link's 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City
1.0
03-10Globenewswire
Gas & Tankers Shipping Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday, March 31, 2025, New York City
7.5
03-07Newsfilter
Ardmore Shipping Files 2024 Annual Report on Form 20-F
1.0
02-25Globenewswire
Industry Leaders Presenting at Capital Link’s 19th Annual International Shipping Forum - Monday March 31, 2025, New York City
8.0
02-23TipRanks
Ex-Dividend Date Nearing for These 10 Stocks – Week of February 24, 2025
4.0
02-14Benzinga
Stifel Maintains Hold on Ardmore Shipping, Lowers Price Target to $11
4.0
02-14NASDAQ.COM
Validea Joseph Piotroski Strategy Daily Upgrade Report - 2/14/2025
4.0
02-13Benzinga
Jefferies Maintains Buy on Ardmore Shipping, Maintains $17 Price Target
-.-
02-13PRnewswire
Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2024
1.0
02-13Business Insider
Ardmore Shipping to hold an investor day
4.0
02-06Business Insider
Ardmore Shipping (ASC) Receives a Hold from Stifel Nicolaus
1.0
01-28PRnewswire
Ardmore Shipping Announces 2025 Investor Day in New York
6.5
01-19Yahoo Finance
Jim Cramer Says He’s ‘Not A Fan’ of Ardmore Shipping Corporation (ASC)
6.0
01-16Benzinga
Wall Street's Most Accurate Analysts' Views On 3 Energy Stocks With Over 7% Dividend Yields
6.5
01-14CNBC
Cramer's Lightning Round: Super Micro Computer is a sell

FAQ

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What is Ardmore Shipping Corp (ASC) stock price today?

The current price of ASC is 8.92 USD — it has decreased -3.98 % in the last trading day.

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