ASC Stock Overview
Engages in the seaborne transportation of petroleum products and chemicals worldwide.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Ardmore Shipping Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.51 |
| 52 Week High | US$23.44 |
| 52 Week Low | US$11.59 |
| Beta | 0.37 |
| 1 Month Change | 29.22% |
| 3 Month Change | 42.11% |
| 1 Year Change | 87.74% |
| 3 Year Change | 422.27% |
| 5 Year Change | 237.48% |
| Change since IPO | 66.74% |
Recent News & Updates
Recent updates
Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate
May 12Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
May 10
Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?
Apr 11Ardmore Shipping: A Relatively Cheap Yield Play
Apr 09Ardmore Shipping: A Bet On The MR Tanker Market For Income-Minded Investors
Apr 03Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better
Feb 21Ardmore Shipping Set To Benefit From Improving Spot Rates
Dec 19Why I Continue To Include Ardmore Shipping In My Value Portfolio
Nov 17Ardmore Shipping: Lagging Peers, Time To Catch Up
Oct 26Ardmore Shipping: Transformation Phase, Sustainability Efforts, And Cheap
Oct 03Ardmore Shipping: TCE Rates Rebounding And The Stock Is Attractively Priced
Sep 10Ardmore Shipping: An Improving Market And A Probable Special Dividend
Aug 14Ardmore Shipping: Forecasting Favorable Winds In The Market
Aug 08Ardmore Shipping: The 10% Dividend Yield Is Reliable
Jul 03Adding Ardmore Shipping To My Value Portfolio
Jun 02Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) Low P/E
Apr 18Here's Why Ardmore Shipping (NYSE:ASC) Can Manage Its Debt Responsibly
Mar 14Ardmore Shipping (NYSE:ASC) Is Investing Its Capital With Increasing Efficiency
Feb 15Ardmore Shipping Non-GAAP EPS of $1.30 beats by $0.01, revenue of $132.83M beats by $41.64M
Feb 14Ardmore Shipping Is Sailing With The Wind At Its Back
Jan 17Ardmore Shipping Corporation's (NYSE:ASC) Intrinsic Value Is Potentially 48% Above Its Share Price
Dec 14Ardmore Shipping Will Likely Carry Over Its Stock Rally Into 2023
Dec 12Robust Earnings May Not Tell The Whole Story For Ardmore Shipping (NYSE:ASC)
Nov 09Ardmore Shipping: Amazing Business Prospects
Oct 31Ardmore Shipping: Stock Is On A Robust Upside
Oct 18These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Extensively
Sep 27Need To Know: Analysts Are Much More Bullish On Ardmore Shipping Corporation (NYSE:ASC)
Jul 28Ardmore Shipping Non-GAAP EPS of $0.81 beats by $0.09, revenue of $107.1M beats by $45.98M
Jul 27Is Ardmore Shipping Corporation (NYSE:ASC) Trading At A 44% Discount?
Jul 20Ardmore Shipping: Structural Support Despite Being High In The Cycle
Jul 03Need To Know: Analysts Are Much More Bullish On Ardmore Shipping Corporation (NYSE:ASC)
May 06Shareholder Returns
| ASC | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -2.0% | 1.9% | -0.6% |
| 1Y | 87.7% | 18.0% | 22.5% |
Return vs Industry: ASC exceeded the US Oil and Gas industry which returned 18% over the past year.
Return vs Market: ASC exceeded the US Market which returned 22.5% over the past year.
Price Volatility
| ASC volatility | |
|---|---|
| ASC Average Weekly Movement | 6.0% |
| Oil and Gas Industry Average Movement | 4.6% |
| Market Average Movement | 5.8% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: ASC's share price has been volatile over the past 3 months.
Volatility Over Time: ASC's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 56 | Tony Gurnee | ardmoreshipping.com |
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 Fundamentals Summary
| ASC fundamental statistics | |
|---|---|
| Market cap | US$935.15m |
| Earnings (TTM) | US$108.55m |
| Revenue (TTM) | US$384.05m |
8.7x
P/E Ratio2.4x
P/S RatioIs ASC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASC income statement (TTM) | |
|---|---|
| Revenue | US$384.05m |
| Cost of Revenue | US$208.45m |
| Gross Profit | US$175.60m |
| Other Expenses | US$67.05m |
| Earnings | US$108.55m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.60 |
| Gross Margin | 45.72% |
| Net Profit Margin | 28.26% |
| Debt/Equity Ratio | 3.8% |
How did ASC perform over the long term?
See historical performance and comparison