NYSE:ASC Ardmore Shipping (ASC) Stock Price, News & Analysis $18.68 -0.47 (-2.45%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$18.63▼$19.2250-Day Range$18.68▼$22.7652-Week Range$11.78▼$23.44Volume856,017 shsAverage Volume672,882 shsMarket Capitalization$758.91 millionP/E Ratio7.16Dividend Yield8.14%Price Target$24.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Ardmore Shipping alerts: Email Address Ardmore Shipping MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside32.0% Upside$24.67 Price TargetShort InterestHealthy6.25% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.65Upright™ Environmental ScoreNews Sentiment0.57Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-34.38%From $3.49 to $2.29 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.18 out of 5 starsTransportation Sector30th out of 126 stocksDeep Sea Foreign Transportation Of Freight Industry8th out of 32 stocks 3.5 Analyst's Opinion Consensus RatingArdmore Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageArdmore Shipping has only been the subject of 3 research reports in the past 90 days.Read more about Ardmore Shipping's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted6.25% of the outstanding shares of Ardmore Shipping have been sold short.Short Interest Ratio / Days to CoverArdmore Shipping has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ardmore Shipping has recently decreased by 0.78%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipArdmore Shipping is a leading dividend payer. It pays a dividend yield of 6.20%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArdmore Shipping does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ardmore Shipping is 58.24%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 66.38% next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend.Read more about Ardmore Shipping's dividend. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArdmore Shipping has received a -78.74% net impact score from Upright. The largest negative impact of Ardmore Shipping in category "GHG emissions" seems to be driven mostly by its "Diesel ship freight transport services for the oil industry", "Diesel ship freight transport services", and "Diesel ship freight transport services for the chemicals industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Ardmore Shipping is -6.65. Previous Next 2.5 News and Social Media Coverage News SentimentArdmore Shipping has a news sentiment score of 0.57. 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 0.39 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ardmore Shipping this week, compared to 2 articles on an average week.Search InterestOnly 16 people have searched for ASC on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.MarketBeat Follows9 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days. This is an increase of 80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ardmore Shipping insiders have not sold or bought any company stock.Percentage Held by Institutions62.22% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ardmore Shipping are expected to decrease by -34.38% in the coming year, from $3.49 to $2.29 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is 7.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Ardmore Shipping is 7.16, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.27.Price to Book Value per Share RatioArdmore Shipping has a P/B Ratio of 1.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ardmore Shipping's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsWanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About Ardmore Shipping Stock (NYSE:ASC)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.Read More ASC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASC Stock News HeadlinesAugust 13, 2024 | seekingalpha.comArdmore Shipping: Strong Buy Driven By Market Outlook And Company FundamentalsAugust 8, 2024 | finance.yahoo.comArdmore Shipping's (NYSE:ASC) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsAugust 22, 2024 | Investors Alley (Ad)Grab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck worries melt away...August 4, 2024 | ca.finance.yahoo.comASC Aug 2024 25.000 putAugust 3, 2024 | finance.yahoo.comArdmore Shipping (NYSE:ASC) Is Increasing Its Dividend To $0.38July 31, 2024 | msn.comArdmore Shipping Non-GAAP EPS of $1.13 beats by $0.07, revenue of $121.3M beats by $39.37MJuly 31, 2024 | seatrade-maritime.comTanker stocks – Scorpio and Ardmore set the paceJuly 31, 2024 | seekingalpha.comArdmore Shipping Corporation 2024 Q2 - Results - Earnings Call PresentationAugust 22, 2024 | Investors Alley (Ad)Grab this ETF paying a huge 22% dividendImagine a world where you don't have to stress about inflation eroding your savings... Where your paycheck worries melt away...July 31, 2024 | prnewswire.comArdmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2024July 30, 2024 | markets.businessinsider.comHere's what Wall Street expects from Ardmore Shipping's earningsJuly 28, 2024 | msn.comReasons for the Outperformance of Ardmore Shipping (ASC)July 27, 2024 | msn.comArdmore Shipping Corporation (ASC): The Best Shipping and Container Stocks To Buy According to Street Analysts?July 23, 2024 | seekingalpha.comArdmore Shipping Is A Buy For Its Yield And AdaptabilityJuly 17, 2024 | prnewswire.comArdmore Shipping Announces Second Quarter 2024 Conference Call and WebcastJuly 8, 2024 | prnewswire.comArdmore Shipping Announces Leadership TransitionJuly 8, 2024 | prnewswire.comArdmore Shipping Announces Leadership TransitionMay 25, 2024 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Ardmore Shipping (NYSE:ASC)See More Headlines Receive ASC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ardmore Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/14 Dividend5/31/2024Dividend Payable6/14/2024Last Earnings7/31/2024Today8/22/2024Ex-Dividend for 9/13 Dividend8/30/2024Dividend Payable9/13/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryTransportation Current SymbolNYSE:ASC CUSIPN/A CIK1577437 Webardmoreshipping.com Phone(441) 405-7800FaxN/AEmployees990Year Founded2010Price Target and Rating Average Stock Price Target$24.67 High Stock Price Target$26.00 Low Stock Price Target$24.00 Potential Upside/Downside+32.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.61 Trailing P/E Ratio7.16 Forward P/E Ratio5.35 P/E GrowthN/ANet Income$116.81 million Net Margins36.31% Pretax Margin36.43% Return on Equity24.26% Return on Assets19.25% Debt Debt-to-Equity Ratio0.07 Current Ratio3.50 Quick Ratio1.79 Sales & Book Value Annual Sales$413.44 million Price / Sales1.84 Cash Flow$3.15 per share Price / Cash Flow5.93 Book Value$15.20 per share Price / Book1.23Miscellaneous Outstanding Shares40,627,000Free FloatN/AMarket Cap$758.91 million OptionableOptionable Beta0.39 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Anthony Gurnee CFA (Age 64)Founder, President, CEO & Director Mr. Bart B. Kelleher (Age 48)Secretary & CFO Mr. Mark Cameron (Age 58)Executive VP & COO Mr. Barry O'NeillDirector of AccountingNadia MatherDirector of LegalMr. Gernot Ruppelt (Age 43)Senior VP & Chief Commercial Officer Ms. Holly S. CummingsHead of Commercial (West) AmericasMs. Aideen O'Driscoll (Age 37)Senior Vice President & Director of Corporate Services Ashish MalikManaging Director of Anglo Ardmore Joint VentureGerald TanHead of Commercial (East) & GM of Singapore OfficeMore ExecutivesKey CompetitorsGrupo Aeroportuario del Centro NorteNASDAQ:OMABCarnival Co. &NYSE:CUKCorporación América AirportsNYSE:CAAPArcBestNASDAQ:ARCBInternational SeawaysNYSE:INSWView All CompetitorsInstitutional OwnershipTruist Financial CorpSold 582 shares on 8/21/2024Ownership: 0.058%Point72 Asset Management L.P.Bought 9,100 shares on 8/19/2024Ownership: 0.022%Invst LLCBought 13,376 shares on 8/16/2024Ownership: 0.083%Point72 Hong Kong LtdBought 3,200 shares on 8/15/2024Ownership: 0.008%Point72 Asia Singapore Pte. Ltd.Bought 1,280 shares on 8/15/2024Ownership: 0.003%View All Institutional Transactions ASC Stock Analysis - Frequently Asked Questions How have ASC shares performed this year? Ardmore Shipping's stock was trading at $14.09 at the beginning of 2024. Since then, ASC shares have increased by 32.6% and is now trading at $18.68. View the best growth stocks for 2024 here. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Co. (NYSE:ASC) announced its earnings results on Wednesday, July, 31st. The shipping company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.05. The firm's revenue was up 32.0% on a year-over-year basis. What is Nick Beighton's approval rating as Ardmore Shipping's CEO? 415 employees have rated Ardmore Shipping Chief Executive Officer Nick Beighton on Glassdoor.com. Nick Beighton has an approval rating of 55% among the company's employees. This puts Nick Beighton in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Who are Ardmore Shipping's major shareholders? Top institutional investors of Ardmore Shipping include Dimensional Fund Advisors LP (6.77%), Renaissance Technologies LLC (3.45%), American Century Companies Inc. (2.77%) and Private Management Group Inc. (2.56%). View institutional ownership trends. How do I buy shares of Ardmore Shipping? 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. Compare Top Brokerages Here. What other stocks do shareholders of Ardmore Shipping own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ardmore Shipping investors own include Petra Diamonds (PDL), General Electric (GE), Intelsat (I), AT&T (T), Scorpio Tankers (STNG), AMC Entertainment (AMC) and Energy Transfer (ET). 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