Ardmore Shipping Corporation (ASC): Price and Financial Metrics
ASC Price/Volume Stats
| Current price | $12.20 | 52-week high | $19.41 |
| Prev. close | $12.01 | 52-week low | $6.32 |
| Day low | $11.96 | Volume | 588,700 |
| Day high | $12.41 | Avg. volume | 897,891 |
| 50-day MA | $13.69 | Dividend yield | 11.54% |
| 200-day MA | $13.64 | Market Cap | 495.65M |
ASC Stock Price Chart Interactive Chart >
ASC POWR Grades
- ASC scores best on the Momentum dimension, with a Momentum rank ahead of 96.02% of US stocks.
- ASC's strongest trending metric is Quality; it's been moving up over the last 179 days.
- ASC's current lowest rank is in the Stability metric (where it is better than 8.91% of US stocks).
ASC Stock Summary
- With a year-over-year growth in debt of -59.26%, ARDMORE SHIPPING CORP's debt growth rate surpasses just 4.33% of about US stocks.
- Over the past twelve months, ASC has reported earnings growth of -1,228.55%, putting it ahead of merely 1.56% of US stocks in our set.
- ARDMORE SHIPPING CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 41.42%, greater than the shareholder yield of 95.71% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to ARDMORE SHIPPING CORP are EGLE, SLCA, PDS, SMHI, and ESEA.
- ASC's SEC filings can be seen here. And to visit ARDMORE SHIPPING CORP's official web site, go to ardmoreshipping.com.
ASC Valuation Summary
- ASC's price/sales ratio is 1; this is 9.09% lower than that of the median Industrials stock.
- Over the past 119 months, ASC's price/earnings ratio has gone up 56.5.
Below are key valuation metrics over time for ASC.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| ASC | 2023-05-19 | 1 | 1.1 | 2.8 | 3.1 |
| ASC | 2023-05-18 | 1 | 1.0 | 2.7 | 3.0 |
| ASC | 2023-05-17 | 1 | 1.0 | 2.7 | 3.0 |
| ASC | 2023-05-16 | 1 | 1.0 | 2.7 | 2.9 |
| ASC | 2023-05-15 | 1 | 1.0 | 2.8 | 3.0 |
| ASC | 2023-05-12 | 1 | 1.1 | 2.8 | 3.1 |
ASC Growth Metrics
- Its 4 year cash and equivalents growth rate is now at 42.5%.
- The 4 year net income to common stockholders growth rate now stands at -39.35%.
- Its 5 year net cashflow from operations growth rate is now at 19.29%.
The table below shows ASC's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-12-31 | 445.741 | 124.207 | 135.054 |
| 2022-09-30 | 365.3691 | 62.88702 | 73.42099 |
| 2022-06-30 | 270.1519 | 5.67023 | -0.384163 |
| 2022-03-31 | 210.301 | -7.446411 | -37.44024 |
| 2021-12-31 | 192.4843 | -2.885404 | -38.0867 |
| 2021-12-31 | 192.4843 | -2.885404 | -38.0867 |
ASC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ASC has a Quality Grade of D, ranking ahead of 15.87% of graded US stocks.
- ASC's asset turnover comes in at 0.242 -- ranking 80th of 137 Transportation stocks.
- USAK, SNDR, and JBHT are the stocks whose asset turnover ratios are most correlated with ASC.
The table below shows ASC's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 0.242 | 0.201 | -0.026 |
| 2021-03-31 | 0.265 | 0.292 | -0.004 |
| 2020-12-31 | 0.286 | 0.340 | 0.012 |
| 2020-12-31 | 0.286 | 0.340 | 0.012 |
| 2020-09-30 | 0.309 | 0.388 | 0.034 |
| 2020-06-30 | 0.318 | 0.386 | 0.037 |
ASC Price Target
For more insight on analysts targets of ASC, see our ASC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $5.06 | Average Broker Recommendation | 1.36 (Strong Buy) |
Ardmore Shipping Corporation (ASC) Company Bio
Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of tankers. The company was founded in 2010 and is based in Hamilton, Bermuda.
Latest ASC News From Around the Web
Below are the latest news stories about ARDMORE SHIPPING CORP that investors may wish to consider to help them evaluate ASC as an investment opportunity.
Ardmore Shipping Corporation's (NYSE:ASC) Price Is Out Of Tune With RevenuesWith a median price-to-sales (or "P/S") ratio of close to 1.4x in the Oil and Gas industry in the United States, you... |
Should Value Investors Buy Ardmore Shipping (ASC) Stock?Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
7 Sleeper Stocks to Buy Before Investors Wake UpThese are the undervalued sleeper stocks to buy as they have multibagger returns potential in the coming years. |
Do Options Traders Know Something About Ardmore Shipping (ASC) Stock We Don't?Investors need to pay close attention to Ardmore Shipping (ASC) stock based on the movements in the options market lately. |
15 Most Undervalued Growth Stocks To Buy According To AnalystsIn this article, we will take a look at the 15 most undervalued growth stocks to buy according to analysts. To see more such companies, go directly to 5 Most Undervalued Growth Stocks To Buy According To Analysts. Last year proved to be a turning point in the trajectory of the financial markets. Investors had […] |
ASC Price Returns
| 1-mo | -4.29% |
| 3-mo | -27.73% |
| 6-mo | -15.38% |
| 1-year | 68.68% |
| 3-year | 139.35% |
| 5-year | 66.14% |
| YTD | -10.80% |
| 2022 | 326.33% |
| 2021 | 3.36% |
| 2020 | -63.57% |
| 2019 | 93.79% |
| 2018 | -41.62% |
ASC Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
|---|---|---|---|---|---|---|---|---|---|
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Continue Researching ASC
Want to do more research on Ardmore Shipping Corp's stock and its price? Try the links below:Ardmore Shipping Corp (ASC) Stock Price | Nasdaq
Ardmore Shipping Corp (ASC) Stock Quote, History and News - Yahoo Finance
Ardmore Shipping Corp (ASC) Stock Price and Basic Information | MarketWatch
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