Ardmore Shipping Corporation

ASC

MHY0207T1001

Oil & Gas Transportation Services

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
16.89 ^USD	+1.62%		+6.36%	+19.87%

Feb. 16	Stifel Raises Price Target on Ardmore Shipping to $21 From $20, Maintains Buy Rating	MT
Feb. 15	Transcript : Ardmore Shipping Corporation - Analyst/Investor Day

Ardmore Shipping Corporation announces an Equity Buyback for $50 million worth of its shares.

September 05, 2023 at 06:07 am EDT

Ardmore Shipping Corporation (NYSE:ASC) announces a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares.

Latest news about Ardmore Shipping Corporation

Stifel Raises Price Target on Ardmore Shipping to $21 From $20, Maintains Buy Rating	Feb. 16	MT
Transcript : Ardmore Shipping Corporation - Analyst/Investor Day	Feb. 15
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q4 Revenue $98.9M	Feb. 15	MT
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q4 EPS $0.63	Feb. 15	MT
Ardmore Shipping Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 15	CI
Ardmore Shipping Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 15	CI
Ardmore Shipping Corporation Declares Cash Dividend for the Quarter Ended December 31, 2023, Payable on March 15, 2024	Feb. 15	CI
Transcript : Ardmore Shipping Corporation, Q3 2023 Earnings Call, Nov 07, 2023	Nov. 07
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q3 Revenue $86.9M, vs. Street Est of $55.9M	Nov. 07	MT
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q3 EPS $0.49, vs. Street Est of $0.44	Nov. 07	MT
Ardmore Shipping Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Ardmore Shipping Corporation Announces Cash Dividend for the Quarter Ended September 30, 2023, Payable on December 15, 2023	Nov. 07	CI
Ardmore Shipping Corporation announces an Equity Buyback for $50 million worth of its shares.	23-09-05	CI
Ardmore Shipping Corporation's Equity Buyback announced on September 29, 2020, has expired.	23-09-04	CI
Ardmore Shipping Corporation authorizes a Buyback Plan.	23-09-04	CI
Transcript : Ardmore Shipping Corporation, Q2 2023 Earnings Call, Aug 01, 2023	23-08-01
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q2 EPS $0.57	23-08-01	MT
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q2 EPS $0.57, vs. Street Est of $0.56	23-08-01	MT
Earnings Flash (ASC) ARDMORE SHIPPING CORPORATION Reports Q2 Revenue $91.9M	23-08-01	MT
Ardmore Shipping Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-01	CI
Ardmore Shipping Corporation Declares Cash Dividend, Payable on September 15, 2023	23-08-01	CI
Stifel Adjusts Ardmore Shipping's Price Target to $19 From $24, Keeps Buy Rating	23-07-19	MT
Ardmore Shipping Corporation(NYSE:ASC) added to Russell 2000 Value-Defensive Index	23-06-23	CI
Ardmore Shipping Corporation(NYSE:ASC) added to Russell 2000 Defensive Index	23-06-23	CI
Jefferies Cuts Ardmore Shipping's Price Target to $17 From $20, Maintains Buy Rating	23-05-09	MT

Chart Ardmore Shipping Corporation

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Ardmore Shipping Corporation is engaged in the ownership and operation of product and chemical tankers in worldwide trade. The Company operates through one segment, which is transportation of refined petroleum products and chemicals. The Company provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. It provides shipping services to customers through voyage charters, time charters, and commercial pools. It has the global network to support its seafarers and deliver shipping services to its customers. Its vessels include Ardmore Seafarer, Ardmore Exporter, Ardmore Explorer, Ardmore Enterprise, Ardmore Engineer, Ardmore Endurance, Ardmore Endeavour, Ardmore Encounter, Ardmore Seahawk, Ardmore Seavanguard, Ardmore Seavantage, Ardmore Seaventure, Ardmore Chippewa, and Ardmore Seavaliant, among others.

Sector

Oil & Gas Transportation Services

Calendar

2024-05-08 - Q1 2024 Earnings Release

Related indices

Russell 2000

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Ratings for Ardmore Shipping Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

16.89 USD

Average target price

20.6 USD

Spread / Average Target

+21.97%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Sea-Borne Tankers

	1st Jan change	Capi.
ARDMORE SHIPPING CORPORATION	+19.87%	702M
COSCO SHIPPING ENERGY TRANSPORTATION CO., LTD.	+20.49%	9.03B
FRONTLINE PLC	+18.70%	5.3B
SCORPIO TANKERS INC.	+19.69%	3.63B
INTERNATIONAL SEAWAYS, INC.	+21.22%	2.7B
NANJING TANKER CORPORATION	+36.43%	2.53B
DHT HOLDINGS, INC.	+17.33%	1.86B
BW LPG LIMITED	+2.31%	1.85B
FLEX LNG LTD.	-10.01%	1.41B
ODFJELL SE	+49.36%	1.21B

Sea-Borne Tankers