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Ardmore Shipping Corp (ASC) Stock Forecast & Price Prediction

Live ASC Stock Price & Analysis

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$11.65

+0.09 (0.78%)

12 Month Price Forecast For ASC

$11.65
Current Price
$489.85M
Market Cap
5 Ratings
Buy 3
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to ASC Price Forecasts

+131.8%
To High Target of $27.00
+37.3%
To Median Target of $16.00
+11.6%
To Low Target of $13.00

ASC Price Momentum

-1.4%
1 Week Change
-13.1%
1 Month Change
-27.2%
1 Year Change
-4.1%
Year-to-Date Change
-50.3%
From 52W High of $23.44
+7.3%
From 52W Low of $10.86

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 3:42 AM UTC

ASC Analyst Ratings & Price Targets

Based on our analysis of 9 Wall Street analysts, ASC has a bullish consensus with a median price target of $16.00 (ranging from $13.00 to $27.00). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $11.65, the median forecast implies a 37.3% upside. This outlook is supported by 3 Buy, 2 Hold, and 0 Sell ratings.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ASC Analyst Consensus

3
Buy
2
Hold
0
Sell

ASC Price Target Range

Low
$13.00
Average
$16.00
High
$27.00
Current: $11.65

Latest ASC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ASC.

Date Firm Analyst Rating Change Price Target
Nov 14, 2024 Jefferies Omar Nokta Buy Maintains $17.00
Oct 23, 2024 Stifel Benjamin Nolan Hold Downgrade $17.00
Jul 31, 2024 Jefferies Omar Nokta Buy Maintains $24.00
Jul 24, 2024 Stifel Benjamin Nolan Buy Maintains $24.00
Jul 23, 2024 Evercore ISI Group Jonathan Chappell Outperform Maintains $26.00
May 8, 2024 Jefferies Omar Nokta Buy Maintains $21.00
Apr 19, 2024 Stifel Benjamin Nolan Buy Maintains $22.00
Feb 16, 2024 Stifel Benjamin Nolan Buy Maintains $21.00
Feb 15, 2024 Jefferies Omar Nokta Buy Reiterates $20.00
Aug 1, 2023 Jefferies Omar Nokta Buy Reiterates $18.00
Jul 19, 2023 Stifel Benjamin Nolan Buy Maintains $19.00
May 9, 2023 Jefferies Omar Nokta Buy Maintains $17.00
Apr 25, 2023 Stifel Benjamin Nolan Buy Maintains $24.00
Feb 15, 2023 Jefferies Omar Nokta Buy Maintains $20.00
Nov 29, 2022 Jefferies Omar Nokta Buy Maintains $17.00
Nov 2, 2022 Jefferies Omar Nokta Buy Maintains $16.00
Oct 14, 2022 Stifel Benjamin Nolan Buy Maintains $11.00
May 5, 2022 Jefferies Christopher Robertson Buy Maintains $9.00
Apr 22, 2022 HC Wainwright & Co. Magnus Fyhr Buy Maintains $8.50
Mar 29, 2021 HC Wainwright & Co. Neutral Initiates $0.00

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The following stocks are similar to Ardmore Shipping based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Ardmore Shipping Corp (ASC) Financial Data

Ardmore Shipping Corp has a market capitalization of $489.85M with a P/E ratio of 3.3x. The company generates $422.62M in trailing twelve-month revenue with a 36.2% profit margin.

Revenue growth is +10.6% quarter-over-quarter, while maintaining an operating margin of +26.4% and return on equity of +25.1%.

Valuation Metrics

Market Cap $489.85M
Enterprise Value $505.14M
P/E Ratio 3.3x
PEG Ratio 5.3x
Price/Sales 1.2x

Growth & Margins

Revenue Growth (YoY) +10.6%
Gross Margin +38.4%
Operating Margin +26.4%
Net Margin +36.2%
EPS Growth +13.9%

Financial Health

Cash/Price Ratio +9.7%
Current Ratio 3.6x
Debt/Equity 4.5x
ROE +25.1%
ROA +13.0%

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Ardmore Shipping Corp logo

Ardmore Shipping Corp (ASC) Company Overview

About Ardmore Shipping Corp

What They Do

Provides seaborne transportation of petroleum products.

Business Model

Ardmore Shipping Corporation operates a fleet of 22 owned vessels, including eco-efficient designs, and four chartered vessels, generating revenue through the transportation of petroleum products and chemicals for a diverse clientele, including oil majors and chemical companies.

Additional Information

Founded in 2010 and headquartered in Pembroke, Bermuda, the company focuses on sustainability with its eco-design vessels, positioning itself well in an environmentally conscious market.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

56

CEO

Mr. Gernot Ruppelt

Country

Bermuda

IPO Year

2013

Ardmore Shipping Corp (ASC) Latest News & Analysis

ASC stock latest news image
Quick Summary

Ardmore Shipping (ASC) is not expected to achieve a likely earnings beat in its upcoming report due to lacking a favorable combination of key factors.

Why It Matters

Ardmore Shipping's potential earnings miss could signal financial weakness, impacting stock performance and investor sentiment. Adjustments may be needed in forecasts and positions.

Source: Zacks Investment Research
Market Sentiment: Negative
ASC stock latest news image
Quick Summary

ASC's fourth-quarter 2024 performance may be impacted by low tanker rates and high operational costs.

Why It Matters

Low tanker rates and high costs may signal reduced profitability for ASC, potentially impacting stock performance and investor sentiment in the shipping sector.

Source: Zacks Investment Research
Market Sentiment: Neutral
ASC stock latest news image
Quick Summary

Ardmore Shipping (ASC) closed at $11.67, down 1.68% from the previous trading session.

Why It Matters

A 1.68% drop in Ardmore Shipping's stock could indicate negative sentiment or market concerns, potentially affecting investor confidence and future trading decisions.

Source: Zacks Investment Research
Market Sentiment: Neutral
ASC stock latest news image
Quick Summary

Ardmore Shipping (ASC) is gaining attention from Zacks.com users, indicating potential interest in factors affecting its stock performance.

Why It Matters

Increased attention from Zacks.com users may indicate growing investor interest, potentially driving stock volatility and influencing trading decisions for Ardmore Shipping (ASC).

Source: Zacks Investment Research
Market Sentiment: Positive
ASC stock latest news image
Quick Summary

The Company will discuss its strategy, capital allocation, and provide a market outlook during a presentation on February 13, 2025, which will include 4Q 2024 financial results.

Why It Matters

The company's strategy and capital allocation insights, along with 4Q 2024 results, are crucial for assessing performance and future market positioning, influencing investment decisions.

Source: PRNewsWire
Market Sentiment: Neutral
ASC stock latest news image
Quick Summary

Wall Street analysts' ratings significantly influence investor decisions and can impact stock prices, but the actual importance of these recommendations may vary.

Why It Matters

Wall Street analysts' ratings influence stock prices and investor sentiment, impacting trading decisions and market trends. Their recommendations can lead to volatility and shifts in portfolio strategies.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About ASC Stock

What is Ardmore Shipping Corp's (ASC) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, Ardmore Shipping Corp (ASC) has a median price target of $16.00. The highest price target is $27.00 and the lowest is $13.00.

Is ASC stock a good investment in 2025?

According to current analyst ratings, ASC has 3 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $11.65. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for ASC stock?

Wall Street analysts predict ASC stock could reach $16.00 in the next 12 months. This represents a 37.3% increase from the current price of $11.65. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Ardmore Shipping Corp's business model?

Ardmore Shipping Corporation operates a fleet of 22 owned vessels, including eco-efficient designs, and four chartered vessels, generating revenue through the transportation of petroleum products and chemicals for a diverse clientele, including oil majors and chemical companies.

What is the highest forecasted price for ASC Ardmore Shipping Corp?

The highest price target for ASC is $27.00 from at , which represents a 131.8% increase from the current price of $11.65.

What is the lowest forecasted price for ASC Ardmore Shipping Corp?

The lowest price target for ASC is $13.00 from at , which represents a 11.6% increase from the current price of $11.65.

What is the overall ASC consensus from analysts for Ardmore Shipping Corp?

The overall analyst consensus for ASC is bullish. Out of 9 Wall Street analysts, 3 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $16.00.

How accurate are ASC stock price projections?

Stock price projections, including those for Ardmore Shipping Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.