Industrials -
Marine Shipping - NYSE - BM
$ 9.35
6.98 %
$ 378 M
Market Cap
3.06
P/E
1. INTRINSIC VALUE
Balance Sheet
Ardmore Shipping Corporation
| Current Assets | 127 M |
| Cash & Short-Term Investments | 47 M |
| Receivables | 60.9 M |
| Other Current Assets | 18.7 M |
| Non-Current Assets | 578 M |
| Long-Term Investments | 0 |
| PP&E | 570 M |
| Other Non-Current Assets | 7.98 M |
| Current Liabilities | 29.8 M |
| Accounts Payable | 6.07 M |
| Short-Term Debt | 4.96 M |
| Other Current Liabilities | 18.8 M |
| Non-Current Liabilities | 39.5 M |
| Long-Term Debt | 39.3 M |
| Other Non-Current Liabilities | 273 K |
EFFICIENCY
Earnings Waterfall
Ardmore Shipping Corporation
| Revenue | 406 M |
| Cost Of Revenue | 234 M |
| Gross Profit | 172 M |
| Operating Expenses | 172 M |
| Operating Income | 128 M |
| Other Expenses | -4.72 M |
| Net Income | 133 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ardmore Shipping Corporation
| Net Income | 133 M |
| Depreciation & Amortization | 33.9 M |
| Capital Expenditures | -61 M |
| Stock-Based Compensation | 0 |
| Change in Working Capital | 4.1 M |
| Others | -7.3 M |
| Free Cash Flow | 99.2 M |
Wall Street Analysts Price Targets
Ardmore Shipping Corporation
Wall Street analysts predict an average 1-year price target for ASC of $18.2 , with forecasts ranging from
a
low of
$8.5 to a high of $24 .
ASC Lowest Price Target
Wall Street Target
8.5 USD
-9.09%
ASC Average Price Target
Wall Street Target
18.2 USD
94.81%
ASC Highest Price Target
Wall Street Target
24 USD
156.68%
4. DIVIDEND
ANALYSIS
3.48%
DIVIDEND YIELD
0.08 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ardmore Shipping Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
Ardmore Shipping Corporation (ASC) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Ardmore Shipping (ASC). This makes it worthwhile to examine what the stock has in store.
zacks.com
- 2 weeks ago
Is It Worth Investing in Ardmore Shipping (ASC) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
zacks.com
- 2 weeks ago
Ardmore Shipping (ASC) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Ardmore Shipping (ASC) closed at $9.75, marking a -0.41% move from the previous day.
zacks.com
- 2 weeks ago
Ascletis Announces Positive Interim Results from Its U.S. Phase Ib Trial with ASC30, a Potentially First-in-Class Subcutaneous Injection Small Molecule GLP-1R Agonist
-Ultra-long-acting subcutaneous (SQ) injection formulation of small molecule ASC30 demonstrated a 36-day half-life in patients with obesity, supporting once monthly or less frequent administration. -As previously disclosed, oral tablet formulation of small molecule ASC30 demonstrated potentially best-in-class 6.3% weight loss in patients with obesity after a four-week treatment.
prnewswire.com
- 3 weeks ago
Ardmore Shipping: Undervalued And A Prime Takeover Candidate
Ardmore Shipping Corporation (NYSE: ASC) trades almost at half its NAV, making it a prime takeover candidate with a 50% upside potential to $15.50 per share. The company has a modern fleet, low leverage, and strong financials, and recently started repurchases. Ardmore's low breakeven point and resilient operations position it to generate substantial profits, supported by favorable demand and supply dynamics in the MR segment.
seekingalpha.com
- 3 weeks ago
Why the Market Dipped But Ardmore Shipping (ASC) Gained Today
In the closing of the recent trading day, Ardmore Shipping (ASC) stood at $10.08, denoting a +0.9% change from the preceding trading day.
zacks.com
- 3 weeks ago
Ardmore Shipping Corporation (ASC) Is a Trending Stock: Facts to Know Before Betting on It
Recently, Zacks.com users have been paying close attention to Ardmore Shipping (ASC). This makes it worthwhile to examine what the stock has in store.
zacks.com
- 4 weeks ago
Ardmore Shipping (ASC) Suffers a Larger Drop Than the General Market: Key Insights
Ardmore Shipping (ASC) concluded the recent trading session at $10.44, signifying a -0.67% move from its prior day's close.
zacks.com
- 1 month ago
Asos jumps as Danish billionaire ups stake
Shares in ASOS PLC (LSE:ASC) jumped 13% on Thursday after the online fashion group's largest shareholder, Anders Holch Povlsen, upped his stake to over 28%. In a statement late the previous day, it was revealed that the Danish billionaire had upped his stake, via several vehicles, including his Bestseller retail chain, and two under the name of his father Troels Holch Povlsen, Holch Povlsen Switzerland and Nine United Properties UK.
proactiveinvestors.co.uk
- 1 month ago
Is Ardmore Shipping (ASC) a Buy as Wall Street Analysts Look Optimistic?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
zacks.com
- 1 month ago
Ascletis Announces Positive Topline Results of Phase Ib Studies of ASC47 Monotherapy in Australia and U.S. FDA Clearance of IND Application for ASC47 in Combination with Semaglutide
ASC47, an adipose-targeted muscle-preserving weight loss drug candidate for the treatment of obesity, demonstrated a half-life of up to 26 days and 40 days, respectively, in Phase Ib single subcutaneous injection studies in healthy subjects with elevated low-density lipoprotein cholesterol ( LDL-C) and patients with obesity, supporting once-monthly to once-bimonthly administration. ASC47 was safe and well tolerated in both healthy subjects with elevated LDL-C and patients with obesity.
prnewswire.com
- 1 month ago
Investors Heavily Search Ardmore Shipping Corporation (ASC): Here is What You Need to Know
Ardmore Shipping (ASC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
zacks.com
- 1 month ago
8. Profile
Summary
Ardmore Shipping Corporation ASC
COUNTRY
BM
INDUSTRY
Marine Shipping
MARKET CAP
$ 378 M
Dividend Yield
3.48%
Description
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
Contact
Belvedere Building, Pembroke, HM08
https://ardmoreshipping.com
IPO
Date
Aug. 1, 2013
Employees
56
Officers
Ms. Aideen O'Driscoll
Senior Vice President & Senior Director of Corporate Services
Ms. Nadia Mather
General Counsel
Mr. Bart B. Kelleher
President, Chief Financial Officer, Secretary & Director
Gerald Tan
Head of Commercial (East) & GM of Singapore Office
Susanne Deane
Manager of Marine Finance & Sustainability
Ashish Malik
Managing Director of Anglo Ardmore Joint Venture
Mr. Gernot Ruppelt
Chief Executive Officer & Director
Mr. Robert Gaina
Senior Vice President of Commercial
Mr. Mark Cameron
Executive Vice President & Chief Operating Officer
Mr. Barry O'Neill
Director of Accounting