Ardmore Shipping Corporation (ASC): Price and Financial Metrics


Ardmore Shipping Corporation (ASC): $14.57

-0.14 (-0.95%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Shipping


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ASC POWR Grades

  • Momentum is the dimension where ASC ranks best; there it ranks ahead of 99.98% of US stocks.
  • The strongest trend for ASC is in Quality, which has been heading up over the past 26 weeks.
  • ASC's current lowest rank is in the Stability metric (where it is better than 6.78% of US stocks).

ASC Stock Summary

  • With a year-over-year growth in debt of -36.79%, ARDMORE SHIPPING CORP's debt growth rate surpasses merely 8.31% of about US stocks.
  • Over the past twelve months, ASC has reported earnings growth of -398.94%, putting it ahead of just 4.07% of US stocks in our set.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for ASC comes in at 19.86% -- higher than that of 91.89% of stocks in our set.
  • If you're looking for stocks that are quantitatively similar to ARDMORE SHIPPING CORP, a group of peers worth examining would be SMHI, PANL, OSG, INSW, and ICD.
  • 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

  • In comparison to the median Industrials stock, ASC's EV/EBIT ratio is 53.14% lower, now standing at 8.2.
  • ASC's price/sales ratio has moved down 8.1 over the prior 114 months.

Below are key valuation metrics over time for ASC.

Stock Date P/S P/B P/E EV/EBIT
ASC 2022-11-30 1.6 1.4 8.0 8.2
ASC 2022-11-29 1.6 1.4 8.0 8.2
ASC 2022-11-28 1.6 1.4 7.7 8.0
ASC 2022-11-25 1.6 1.4 8.0 8.2
ASC 2022-11-23 1.5 1.3 7.6 7.9
ASC 2022-11-22 1.6 1.4 8.0 8.2

ASC Growth Metrics

    Its 4 year price growth rate is now at -15.66%.
  • Its 2 year revenue growth rate is now at -9.73%.
  • The 3 year price growth rate now stands at -6.26%.
Over the past 18 months, ASC's revenue has gone up $164,953,658.

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
2022-09-30 365.3691 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
2021-09-30 181.7506 -3.127933 -49.04909

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)

ASC Stock Price Chart Interactive Chart >

Price chart for ASC

ASC Price/Volume Stats

Current price $14.57 52-week high $16.32
Prev. close $14.71 52-week low $3.09
Day low $14.40 Volume 366,829
Day high $14.98 Avg. volume 589,530
50-day MA $12.81 Dividend yield N/A
200-day MA $8.63 Market Cap 582.57M

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.


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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.

Are Transportation Stocks Lagging Ardmore Shipping (ASC) This Year?

Here is how Ardmore Shipping (ASC) and International Seaways (INSW) have performed compared to their sector so far this year.

Yahoo | December 2, 2022

Best Momentum Stocks to Buy for December 1st

INSW, TNP and ASC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 1, 2022.

Yahoo | December 1, 2022

New Strong Buy Stocks for December 1st

BCH, FRO, INSW, TNP and ASC have been added to the Zacks Rank #1 (Strong Buy) List on December 1, 2022.

Yahoo | December 1, 2022

Ardmore Shipping Corporation – Consensus Indicates Potential 10.6% Upside

Ardmore Shipping Corporation with ticker code (ASC) have now 4 analysts in total covering the stock. The consensus rating is ''Strong_Buy''. The target price ranges between 18 and 14 with a mean TP of 16. Given that the stocks previous close was at 14.47 this is indicating there is a potential upside of 10.6%. There is a 50 day moving average of 11.79 and the 200 day MA is 8.08. The market cap for the company is $616m. Company Website: https://ardmoreshipping.com [stock_market_widget type="chart" template="basic" color="green" assets="ASC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $681m based on the market concensus. Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As ...

DirectorsTalk | November 28, 2022

The Ardmore Shipping Corporation (ASC) had a good session last reading, didn’t it?

A share of Ardmore Shipping Corporation (NYSE:ASC) closed at $14.47 per share on Wednesday, down from $15.15 day before. While Ardmore Shipping Corporation has underperformed by -4.49%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ASC rose by 275.84%, with highs and lows ranging from $15.34 […]

US Post News | November 25, 2022

Read More 'ASC' Stories Here

ASC Price Returns

1-mo 8.09%
3-mo 47.92%
6-mo 91.21%
1-year 282.41%
3-year 72.02%
5-year 89.55%
YTD 331.07%
2021 3.36%
2020 -63.57%
2019 93.79%
2018 -41.62%
2017 8.11%

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