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ASC - Ardmore Shipping Share Price

$3.31 -0.0  -0.6%

Last Trade - 6:34pm

Sector
Energy
Size
Small Cap
Market Cap £80.7m
Enterprise Value £333.6m
Revenue £174.1m
Position in Universe 4753rd / 6626
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +7.05%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -58.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
67.3 157.9 164.4 195.9 210.2 230 145.6 139.2 +27.9%
+1,713 -82.9 -60.6
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 30 September 2020, ArdmoreShipping Corp revenues increased 5% to $178.3M. Net incometotaled $13.5M vs. loss of $24.8M. Revenues reflect anincrease in demand for the Company's products and servicesdue to favorable market conditions. Net Income reflectsLoss on sale of vessels decrease from $13.2M (expense) to$0K, Depreciation decrease of 2% to $23.9M (expense).
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
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Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for ASC
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company's segment relates to the operations of its vessels. The Company's fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The Company's vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The Company has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.

Directors
Last Annual December 31st, 2019
Last Interim September 30th, 2020
Incorporated May 14, 2013
Public Since July 31, 2013
No. of Shareholders: 3
No. of Employees: 48
Sector Energy
Industry Oil & Gas Related Equipment and Services
Index
Exchange New York Stock Exchange
Shares in Issue 33,285,255
Free Float (0.0%)
Eligible for
ISAs
SIPPs
ASC Share Price Performance
Share Price
Bid - Ask
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Day's Change
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Latest News for ASC
Upcoming Events for ASC
Frequently Asked Questions for Ardmore Shipping
What is the Ardmore Shipping share price?

As of 6:34pm, shares in Ardmore Shipping are trading at $3.31, giving the company a market capitalisation of £80.7m. This share price information is delayed by 15 minutes.

How has the Ardmore Shipping share price performed this year?

Shares in Ardmore Shipping are currently trading at $3.31 and the price has moved by -51.81% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Ardmore Shipping price has moved by -58.39% over the past year.

What are the analyst and broker recommendations for Ardmore Shipping?

Of the analysts with advisory recommendations for Ardmore Shipping, there are there are currently 2 "buy" , 1 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Ardmore Shipping is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Ardmore Shipping next release its financial results?

Ardmore Shipping is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-09-30
What is the Ardmore Shipping dividend yield?

Ardmore Shipping does not currently pay a dividend.

Does Ardmore Shipping pay a dividend?

Ardmore Shipping does not currently pay a dividend.

When does Ardmore Shipping next pay dividends?

Ardmore Shipping does not currently pay a dividend.

How do I buy Ardmore Shipping shares?

To buy shares in Ardmore Shipping you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Ardmore Shipping?

Shares in Ardmore Shipping are currently trading at $3.31, giving the company a market capitalisation of £80.7m.

Where are Ardmore Shipping shares listed? Where are Ardmore Shipping shares listed?

Here are the trading details for Ardmore Shipping:

Country of listing: United States
Exchange: NYQ
Ticker Symbol: ASC
What kind of share is Ardmore Shipping?

Based on an overall assessment of its quality, value and momentum, Ardmore Shipping is currently classified as a Contrarian. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Ardmore Shipping share price forecast 2021?

Shares in Ardmore Shipping are currently priced at $3.31. At that level they are trading at 65.47% discount to the analyst consensus target price of 0.00.

Analysts covering Ardmore Shipping currently have a consensus Earnings Per Share (EPS) forecast of 0.198 for the next financial year.

How can I tell whether the Ardmore Shipping share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Ardmore Shipping. Over the past six months, the relative strength of its shares against the market has been -32.03%. At the current price of $3.31, shares in Ardmore Shipping are trading at -18.55% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Ardmore Shipping PE Ratio?

The Ardmore Shipping PE ratio based on its reported earnings over the past 12 months is 7.2. The shares are currently trading at $3.31.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Ardmore Shipping?

Ardmore Shipping's management team is headed by:

Anthony Gurnee - PRE
Brian Dunne - IND
Mark Cameron - COO
Paul Tivnan - CFO
Curtis McWilliams - CHM
Helen Tveitan de Jong - IND
Mats Berglund - IND
Kirsi Tikka - DRC
Peter Swift - IND
Gernot Ruppelt - SVP
Who are the major shareholders of Ardmore Shipping?

Here are the top five shareholders of Ardmore Shipping based on the size of their shareholding:

Aristotle Capital Boston, LLC Investment Advisor
Percentage owned: 11.84% (3.94m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 6.26% (2.08m shares)
Russell Investments Trust Company Investment Advisor
Percentage owned: 5.74% (1.91m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 5.15% (1.71m shares)
Oaktree Capital Management, L.P. Investment Advisor/Hedge Fund
Percentage owned: 4.81% (1.60m shares)
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