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Market Cap 562.98M P/E 2.85 EPS this Y 35.40% Ern Qtrly Grth 155.80%
Income 146.73M Forward P/E 5.14 EPS next Y -23.40% 50D Avg Chg 9.00%
Sales 413.44M PEG 0.12 EPS past 5Y 49.43% 200D Avg Chg -3.00%
Dividend N/A Price/Book 1.12 EPS next 5Y 42.64% 52W High Chg -30.00%
Recommedations 1.80 Quick Ratio 3.01 Shares Outstanding 41.84M 52W Low Chg 70.00%
Insider Own 5.51% ROA 12.63% Shares Float 39.07M Beta 0.36
Inst Own 75.32% ROE 25.12% Shares Shorted/Prior 2.11M/2.03M Price 13.67
Gross Margin 48.27% Profit Margin 36.31% Avg. Volume 749,867 Target Price 24.00
Oper. Margin 41.17% Earnings Date Jul 31 Volume 1,006,486 Change -0.58%
About Ardmore Shipping Corporation

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.

Ardmore Shipping Corporation News
11/20/24 3 Dividend Stocks On US Exchanges Offering Up To 7.3% Yield
11/14/24 We Think That There Are Some Issues For Ardmore Shipping (NYSE:ASC) Beyond Its Promising Earnings
11/11/24 Ardmore Shipping Corporation (ASC) is Attracting Investor Attention: Here is What You Should Know
11/08/24 Investors Shouldn't Overlook Ardmore Shipping's (NYSE:ASC) Impressive Returns On Capital
11/07/24 Ardmore Shipping (ASC) Is Considered a Good Investment by Brokers: Is That True?
11/07/24 Ardmore Shipping Corp (ASC) Q3 2024 Earnings Call Highlights: Strong Earnings and Strategic ...
11/06/24 Ardmore Shipping (ASC) Tops Q3 Earnings and Revenue Estimates
11/06/24 Ardmore Shipping: Q3 Earnings Snapshot
11/06/24 Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2024
11/06/24 New Strong Sell Stocks for November 6th
11/01/24 Do You Believe in the Growth Prospects of Ardmore Shipping Corporation (ASC)?
10/31/24 Earnings Preview: CMB.TECH nv (CMBT) Q3 Earnings Expected to Decline
10/30/24 Ardmore Shipping (ASC) Reports Next Week: Wall Street Expects Earnings Growth
10/29/24 Ardmore Shipping (ASC) Stock Sinks As Market Gains: Here's Why
10/25/24 Ardmore Shipping Corporation (ASC) Is a Trending Stock: Facts to Know Before Betting on It
10/23/24 Ardmore Shipping Announces Third Quarter 2024 Conference Call and Webcast
10/22/24 Ardmore Shipping (ASC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
10/22/24 Wall Street Analysts See Ardmore Shipping (ASC) as a Buy: Should You Invest?
01:08 PM Is Ardmore Shipping Corporation (NYSE:ASC) Trading At A 20% Discount?
10/16/24 Ardmore Shipping (ASC) Ascends But Remains Behind Market: Some Facts to Note
ASC Chatroom

User Image TOMKiLA Posted - 3 hours ago

$ASC theoretically, this type of company lives off huge debts to finance orders or acquisitions of vessels. At this historical moment as in 2012 the net debt is zero or almost zero. if you go and read the data on long term debt, from 2012 to 2014 the debt went from zero to 400 million dollars and now it is back to almost zero. I seriously believe that in 2025 there will be an order of 7/800 million dollars not to say even 1 billion dollars. This company has all the credentials to be able to realize acquisitions or gigantic orders. The dividend as already said is only 1/3 of the total net profits so with 100/150 million of net profit, the potential budget to finance and pay important orders is there!

User Image TOMKiLA Posted - 3 hours ago

$ASC This company has just 20 million in debt, the net profit of the first 9 months is more than $ 120 m, most of it used to cover certain expenses + 53 for acquisitions of new vessels and 25 monetized from the sale of some. The dividends paid were $ 36 m so a really low figure compared to the net profit, 1/3 to be precise. Now, if this company will be able to increase revenues and maintain these margins, in 2025 there will be 150 m of net profit with practically zero debt and a large mountain of liquidity to increase the fleet of vessels (2/3) Total cash? $46m

User Image TOMKiLA Posted - 4 hours ago

$ASC with low debit and a lot of cash is possible to see a strong increase of revenues and gross profit in 2025! 25$ per share next year 🚀 Q: Your Fourth Quarter bookings seem strong. Are they above market indices, and how do they compare to current market averages? A: Gernot Ruppelt confirmed that their bookings are indeed strong and reflect the company's focus on maximizing TCE performance. The integrated platform and capital investments in energy efficiency have allowed Ardmore to access premium trades and cargos, outperforming market indices. Q: How do you view current asset pricing, and what is your approach to asset acquisition given the supply-demand dynamics? A: Gernot Ruppelt explained that Ardmore maintains a disciplined and selective approach to asset acquisition, ensuring any investment meets their value criteria. They focus on reinvesting in the existing fleet for attractive returns while staying connected to potential deal flows.

User Image RandomRamblings Posted - 16 hours ago

$ASC make it make sense.

User Image Fearnot Posted - 1 day ago

$ASC this looks interesting and ready to breakout to gap fill @$16.00 above 20sma

User Image TOMKiLA Posted - 1 day ago

$ASC 15$ within the end of the year + dividend

User Image Estimize Posted - 1 day ago

Wall St is expecting 0.40 EPS for $ASC Q4 [Reporting 02/18 BMO] http://www.estimize.com/intro/asc?chart=historical&metric_name=eps&utm_cont

User Image tradingtwenty Posted - 2 days ago

Top 5 oversold stocks that have trended in the past 24 hours: $JNPR 11.03🔥 $ASC 15.16 $CATX 16.59 $TMO 18.40 $BIIB 19.02 Values range from 0 to 100, where 30 or below is oversold and 70 or above overbought. Link: https://tradingtwenty.com/dashboard/trending/past

User Image P3acemaker Posted - 2 days ago

$ASC

User Image TheLearnerEarner Posted - 2 days ago

$ASC ✅ VALUE INCOME stock swing trade - energy - mid cap - 8/9 F-Score - 1.04x relative volume - 1x analyst outperform rating - 2x analysts buy rating - excellent intrinsic value potential - earnings grew by approx. 6% over the past year - trading at approx. 44% below estimate of its fair value - short to long term gains 👑 RSI: 13.00 (oversold HEAVY) 📊🔱 Analysts Price Target: $18.60 - $28.35 (58% - 139% above Price) 🌟 Range (12m) $11.59 - $23.44 💰 NEWSDESK (article idea is for ASC only) 📰 https://uk.finance.yahoo.com/news/investors-shouldnt-overlook-ardmore-shippings-114328475.html

User Image TOMKiLA Posted - 6 days ago

$ASC one thing i understand from this kind of corporate business is that they have to work to reduce the average year of oil tankers and similar ships + they have to continue to margin well to offer a long term dividend. Honestly here there is the idea of ​​zeroing the debt and they are very close to it, I would like to understand what strategy there will be for next year.

User Image TOMKiLA Posted - 6 days ago

$ASC bought 1000 shares

User Image idninacapital Posted - 1 week ago

$ASC We recently purchased ASC 1/17/2025 12.5 calls in order to initiate our position. After extensive review, we believe that Ardmore Shipping is a well-run company with solid financials, a quality fleet, and a sustainable growth plan with a dividend that represents the "icing on the cake." While we would prefer that ASC management reduce the dividend in favor of a more robust stock buyback program (especially at these levels), we understand the rationale of the dividend and appreciate the dividend structure in which 1/3 of the quarterly profit is paid out as a dividend rather than committing to a fixed dividend. Ultimately, we believe that tax loss selling will eventually abate and ASC will return to the $16 - $18 range within the next 6-12 months.

User Image Boomer52 Posted - 1 week ago

$ASC Pincher Play in effect. Look for a move back to SMA20.

User Image TheLearnerEarner Posted - 1 week ago

$ASC ✅ VALUE QUALITY INCOME stock swing trade - energy - mid cap - 8/9 F-Score - 1.04x relative volume - 1x analyst outperform rating - 2x analysts buy rating - excellent intrinsic value potential - earnings grew by approx. 6% over the past year - trading at approx. 43% below estimate of its fair value - short to long term gains 👑 RSI: 13.93 (oversold HEAVY) 📊🔱 Analysts Price Target: $19.20 - $28.35 (60% - 133% above Price) 🌟 Range (12m) $11.85 - $23.44 💰 NEWSDESK (article idea is for ASC only) 📰 https://uk.finance.yahoo.com/news/investors-shouldnt-overlook-ardmore-shippings-114328475.html

User Image P3acemaker Posted - 1 week ago

$ASC Look at these fundamentals - so strong! P/E Ratio: 3.36 Price to Book: .80 (this means the total value of assets, ships and equipment is greater than their current market cap!) Hell, they generate almost more money each year than their current market cap - so undervalued! Once OPEC production increases this will pop, if not sooner

User Image TOMKiLA Posted - 1 week ago

$ASC and $HAFN is ready good picks! • huge dividends • amazing revenues • amazing gross and net profits ASC has low debt, hafn has amazing fundamentals

User Image RandomRamblings Posted - 1 week ago

$ASC numbers look just great in comparison to any other of my holdings that have gone +50% during past month. I dont mind a discount ofc and adding more but is there any reason why its being bullied?

User Image spiniche Posted - 1 week ago

$ASC new 52 week lows every day… what are we missing here?

User Image tradingtwenty Posted - 1 week ago

Top 5 oversold stocks that have trended in the past 24 hours: $ASC 9.34🔥 $TRMD 13.65 $AZN 18.35 $SITC 18.49 $EVH 18.58 Values range from 0 to 100, where 30 or below is oversold and 70 or above overbought. Link: https://tradingtwenty.com/dashboard/trending/past

User Image Investor6 Posted - 1 week ago

$ASC $FRO $DHT $DJT "Oil champion’ Trump could boost tanker exports..." https://www.tradewindsnews.com/tankers/-oil-champion-trump-could-boost-tanker-exports-d-amico-international-boss-says/2-1-1736919

User Image Investor6 Posted - 1 week ago

$SFL $ASC

User Image Stocksrunner Posted - 1 week ago

Losing Streak Watch: Who's Feeling the Heat? $DBI $ASC $NKLA and $HL are on consecutive downtrends, with $DBI leading at 13 days, followed by $ASC at 11, $NKLA at 9 and $HL at 8. Time to dig into what’s driving these slumps!

User Image Investor6 Posted - 1 week ago

$ASC Technically most oversold stock now. Is there a reason, a disaster behind this? As I see, no. Stifel downgraded the stock BEFORE the last positive results, and the downfall started the next day. I will stay with the facts, the results, and make a buy here, as RSI is at deep oversold territories, with MACD also, and I think MACD soon will give an extreme bullish sign.

User Image Stonksyy Posted - 1 week ago

$ASC seems super cheap to me

User Image tw87 Posted - 1 week ago

$ASC what's going on here?

User Image NoseyDave Posted - 1 week ago

$ASC best earnings in over a year… yet the price drops. I’ll add more.

User Image ThePennySnatcher Posted - 2 weeks ago

@Spikehunter1920 $ASC

User Image Nickleroi Posted - 2 weeks ago

$ASC 👀👀earnings PM

User Image Sarge986 Posted - 2 weeks ago

. Ardmore Shipping Looks Like a Buy Ahead of Earnings $ASC #MarketRecon #SU10 $PLTR $RKLB $SOFI . https://pro.thestreet.com/trade-ideas/ardmore-shipping-looks-like-a-buy-ahead-of-earnings

Analyst Ratings
Jefferies Buy Jul 31, 24
Stifel Buy Jul 24, 24
Evercore ISI Group Outperform Jul 23, 24
Jefferies Buy May 8, 24
Stifel Buy Apr 19, 24
Stifel Buy Feb 16, 24
Jefferies Buy Feb 15, 24
Jefferies Buy Aug 1, 23
Stifel Buy Jul 19, 23