Ardmore Shpng Stock Today

ASC Stock  USD 12.02  0.25  2.12%   

Performance

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Odds Of Distress

Less than 1

 
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Ardmore Shpng is trading at 12.02 as of the 30th of January 2025, a 2.12 percent increase since the beginning of the trading day. The stock's open price was 11.77. Ardmore Shpng has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of Ardmore Shpng's common stock.
Business Domain
Energy
IPO Date
1st of August 2013
Category
Industrials
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company was founded in 2010 and is based in Pembroke, Bermuda. Ardmore Shipping is traded on New York Stock Exchange in the United States. The company has 42.01 M outstanding shares of which 2.08 M shares are presently shorted by investors with about 2.67 days to cover. More on Ardmore Shpng

Moving together with Ardmore Stock

  0.61EDRY EuroDryPairCorr
Follow Valuation Options Odds of Bankruptcy
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Ardmore Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOAnthony Gurnee
Thematic IdeaTransportation (View all Themes)
Old NameABG Sundal Collier Holding ASA
Business ConcentrationOil & Gas Storage & Transportation, Marine Shipping, Industrials, NYSE Composite, Oslo Exchange Mutual, Oslo All Share, Karachi All Share, OBX Financials GR, OSE Benchmark, Transportation, Energy, Oil, Gas & Consumable Fuels, Marine Shipping, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.540.52
Sufficiently Up
Slightly volatile
Gross Profit Margin0.550.45
Fairly Up
Slightly volatile
Net Debt51.5 M54.3 M
Notably Down
Very volatile
Total Current Liabilities53.3 M38.9 M
Significantly Up
Slightly volatile
Non Current Liabilities Total90.3 M95.1 M
Notably Down
Pretty Stable
Total Assets701.1 M794.6 M
Fairly Down
Slightly volatile
Total Current Assets97.2 M145.8 M
Way Down
Slightly volatile
Debt Levels
Ardmore Shpng can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ardmore Shpng's financial leverage. It provides some insight into what part of Ardmore Shpng's total assets is financed by creditors.
Liquidity
Ardmore Shpng has 93.99 M in debt with debt to equity (D/E) ratio of 0.9, which is OK given its current industry classification. Ardmore Shpng has a current ratio of 2.49, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Ardmore to invest in growth at high rates of return.

Change In Cash

(3.22 Million)
Ardmore Shpng (ASC) is traded on New York Stock Exchange in USA. It is located in Belvedere Building, Pembroke, Bermuda, HM08 and employs 56 people. Ardmore Shpng is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 494.47 M. Ardmore Shpng runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 42.01 M outstanding shares of which 2.08 M shares are presently shorted by investors with about 2.67 days to cover. Ardmore Shpng has about 50.57 M in cash with 159.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22.
Check Ardmore Shpng Probability Of Bankruptcy
Ownership Allocation
Ardmore Shpng holds a total of 42.01 Million outstanding shares. The majority of Ardmore Shpng outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Ardmore Shpng to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Ardmore Shpng. Please pay attention to any change in the institutional holdings of Ardmore Shpng as this could imply that something significant has changed or is about to change at the company. Please note that on January 7, 2025, Representative Virginia Foxx of US Congress acquired $15k to $50k worth of Ardmore Shpng's common stock.
Check Ardmore Ownership Details

Ardmore Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-09-30
722.8 K
Royce & Associates, Lp2024-09-30
668.8 K
Vanguard Group Inc2024-09-30
617 K
Foundry Partners, Llc2024-09-30
565.3 K
Geode Capital Management, Llc2024-09-30
562.4 K
Wells Fargo & Co2024-09-30
529.2 K
Jpmorgan Chase & Co2024-09-30
518.2 K
Qube Research & Technologies2024-09-30
514.5 K
Goldman Sachs Group Inc2024-09-30
452.9 K
Dimensional Fund Advisors, Inc.2024-09-30
2.7 M
Blackrock Inc2024-09-30
2.6 M
View Ardmore Shpng Diagnostics

Ardmore Shpng Historical Income Statement

At present, Ardmore Shpng's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 185.2 M, whereas Depreciation And Amortization is forecasted to decline to about 27.7 M. View More Fundamentals

Ardmore Stock Against Markets

Ardmore Shpng Corporate Directors

Mats BerglundIndependent DirectorProfile
Kirsi TikkaIndependent DirectorProfile
Brian DunneIndependent DirectorProfile
Helen JongIndependent DirectorProfile

Already Invested in Ardmore Shpng?

The danger of trading Ardmore Shpng is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ardmore Shpng is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ardmore Shpng. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ardmore Shpng is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ardmore Shpng. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
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Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.122
Dividend Share
1.08
Earnings Share
3.55
Revenue Per Share
10.166
Quarterly Revenue Growth
0.106
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.