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Ardmore Shipping NYSE:ASC Stock Report

Last Price

US$9.29

Market Cap

US$376.3m

7D

-0.6%

1Y

-41.2%

Updated

14 Apr, 2025

Data

Company Financials +

Ardmore Shipping Corporation

NYSE:ASC Stock Report

Market Cap: US$376.3m

Ardmore Shipping Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ardmore Shipping
Historical stock prices
Current Share PriceUS$9.29
52 Week HighUS$23.44
52 Week LowUS$8.32
Beta0.16
1 Month Change-6.07%
3 Month Change-28.92%
1 Year Change-41.17%
3 Year Change74.62%
5 Year Change66.19%
Change since IPO-31.19%

Recent News & Updates

Recent updates

Ardmore Shipping Corporation (NYSE:ASC) Looks Inexpensive But Perhaps Not Attractive Enough

Apr 06
Ardmore Shipping Corporation (NYSE:ASC) Looks Inexpensive But Perhaps Not Attractive Enough

Ardmore Shipping: Undervalued And A Prime Takeover Candidate

Mar 27

Ardmore Shipping's (NYSE:ASC) Promising Earnings May Rest On Soft Foundations

Mar 14
Ardmore Shipping's (NYSE:ASC) Promising Earnings May Rest On Soft Foundations

Ardmore Shipping: Strong Fundamentals, Low Valuation Make It Super Attractive

Feb 17

Downgrade: Here's How Analysts See Ardmore Shipping Corporation (NYSE:ASC) Performing In The Near Term

Feb 16
Downgrade: Here's How Analysts See Ardmore Shipping Corporation (NYSE:ASC) Performing In The Near Term

Ardmore Shipping: Trading Significantly Below NAV While Day Rates Continue To Advance

Jan 28

Does Ardmore Shipping (NYSE:ASC) Have A Healthy Balance Sheet?

Jan 13
Does Ardmore Shipping (NYSE:ASC) Have A Healthy Balance Sheet?

Ardmore Shipping: Net Cash Balance Sheet With Meaningful Exposure To Chemical Tanker Market

Dec 23

Ardmore Shipping: Appealing Again At A Massive Discount And Attractive Yield; Rating Upgrade

Nov 19

Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) 28% Price Drop

Nov 07
Lacklustre Performance Is Driving Ardmore Shipping Corporation's (NYSE:ASC) 28% Price Drop

Ardmore Shipping: Healthy Financials, Yet Not Good Enough (Rating Downgrade)

Oct 25

Ardmore Shipping: Improving Financials, But Nothing Exciting (Rating Upgrade)

Oct 16
author-image

Fleet Modernization And Tech Integration Promise Growth Amid Analyst Concerns Over Revenue Decline

Sep 24 The focus on leadership transition, fleet modernization, and technology integration aims to boost efficiency, shareholder value, and reduce operational costs.

Ardmore Shipping Is A Triple Play Of Wide Operating Margins, Robust Dividends, And A Strong Balance Sheet

Sep 10

Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital

Aug 23
Investors Should Be Encouraged By Ardmore Shipping's (NYSE:ASC) Returns On Capital

Ardmore Shipping: Strong Buy Driven By Market Outlook And Company Fundamentals

Aug 13

Ardmore Shipping Is A Buy For Its Yield And Adaptability

Jul 23

These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well

Jul 12
These 4 Measures Indicate That Ardmore Shipping (NYSE:ASC) Is Using Debt Reasonably Well

Ardmore Shipping: Safety In The Seas As TCE Rates May Permanently Elevate

May 12

Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

May 10
Ardmore Shipping Corporation's (NYSE:ASC) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?

Apr 11
Is Ardmore Shipping (NYSE:ASC) Using Too Much Debt?

Ardmore Shipping: A Relatively Cheap Yield Play

Apr 09

Ardmore Shipping: A Bet On The MR Tanker Market For Income-Minded Investors

Apr 03

Ardmore Shipping: Solid Q4, But Q1 Will Be Even Better

Feb 21

Ardmore Shipping Set To Benefit From Improving Spot Rates

Dec 19

Why I Continue To Include Ardmore Shipping In My Value Portfolio

Nov 17

Ardmore Shipping: Lagging Peers, Time To Catch Up

Oct 26

Ardmore Shipping: Transformation Phase, Sustainability Efforts, And Cheap

Oct 03

Ardmore Shipping: TCE Rates Rebounding And The Stock Is Attractively Priced

Sep 10

Ardmore Shipping: An Improving Market And A Probable Special Dividend

Aug 14

Ardmore Shipping: Forecasting Favorable Winds In The Market

Aug 08

Ardmore Shipping: The 10% Dividend Yield Is Reliable

Jul 03

Adding Ardmore Shipping To My Value Portfolio

Jun 02

Shareholder Returns

ASCUS Oil and GasUS Market
7D-0.6%1.1%5.8%
1Y-41.2%-13.6%4.8%

Return vs Industry: ASC underperformed the US Oil and Gas industry which returned -13.6% over the past year.

Return vs Market: ASC underperformed the US Market which returned 4.8% over the past year.

Price Volatility

Is ASC's price volatile compared to industry and market?
ASC volatility
ASC Average Weekly Movement7.1%
Oil and Gas Industry Average Movement8.1%
Market Average Movement7.7%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market4.1%

Stable Share Price: ASC has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: ASC's weekly volatility (7%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

About the Company

FoundedEmployeesCEOWebsite
201056Gernot Ruppeltardmoreshipping.com

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company’s fleet consists of 26 vessels, including 22 owned Eco-design vessels 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

How do Ardmore Shipping's earnings and revenue compare to its market cap?
ASC fundamental statistics
Market capUS$376.28m
Earnings (TTM)US$128.61m
Revenue (TTM)US$405.78m

2.9x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ASC income statement (TTM)
RevenueUS$405.78m
Cost of RevenueUS$219.21m
Gross ProfitUS$186.57m
Other ExpensesUS$57.96m
EarningsUS$128.61m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.18
Gross Margin45.98%
Net Profit Margin31.69%
Debt/Equity Ratio6.1%

How did ASC perform over the long term?

See historical performance and comparison

Dividends

10.2%

Current Dividend Yield

31%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/14 04:57
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ardmore Shipping Corporation is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wilhelm FlinderABN AMRO Bank N.V.
Noah ParquetteCanaccord Genuity
Bjorn RoedDanske Bank