Daily Progress: Ardmore Shipping Corp (ASC) Drop -2.38, Closing at 9.84

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Ardmore Shipping Corp (NYSE: ASC) closed at $9.84 down -2.38% from its previous closing price of $10.08. In other words, the price has decreased by -$2.38 from its previous closing price. On the day, 0.53 million shares were traded. ASC stock price reached its highest trading level at $10.11 during the session, while it also had its lowest trading level at $9.82.

Ratios:

For a deeper understanding of Ardmore Shipping Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.70. For the most recent quarter (mrq), Quick Ratio is recorded 3.36 and its Current Ratio is at 3.73. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on October 23, 2024, Downgraded its rating to Hold and sets its target price to $17 from $24 previously.

On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $10.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 24 ’25 when Kelleher Bart B bought 24,135 shares for $9.78 per share.

McWilliams Curtis B bought 12,000 shares of ASC for $117,134 on Jun 12 ’25. On Mar 31 ’25, another insider, Gaina Robert Cristian, who serves as the Officer of the company, bought 3,186 shares for $9.90 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASC now has a Market Capitalization of 399739168 and an Enterprise Value of 404064160. As of this moment, Ardmore’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.31, and their Forward P/E ratio for the next fiscal year is 7.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.082 whereas that against EBITDA is 3.236.

Stock Price History:

The Beta on a monthly basis for ASC is 0.02, which has changed by -0.563249 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, ASC has reached a high of $23.16, while it has fallen to a 52-week low of $8.32. The 50-Day Moving Average of the stock is 1.05%, while the 200-Day Moving Average is calculated to be -17.45%.

Shares Statistics:

For the past three months, ASC has traded an average of 599.63K shares per day and 705590 over the past ten days. A total of 40.62M shares are outstanding, with a floating share count of 38.57M. Insiders hold about 5.07% of the company’s shares, while institutions hold 68.19% stake in the company. Shares short for ASC as of 1749772800 were 2239103 with a Short Ratio of 3.73, compared to 1747267200 on 2118825. Therefore, it implies a Short% of Shares Outstanding of 2239103 and a Short% of Float of 5.57.

Dividends & Splits

According to the company, the forward annual dividend rate for ASC is 0.69, from 0.69 in the trailing year. Against a Trailing Annual Dividend Yield of 0.06845238

Earnings Estimates

The stock of Ardmore Shipping Corp (ASC) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.15, with high estimates of $0.28 and low estimates of $0.07.

Analysts are recommending an EPS of between $1.17 and $0.6 for the fiscal current year, implying an average EPS of $0.86. EPS for the following year is $0.97, with 3.0 analysts recommending between $1.78 and $0.2.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $44.92M this quarter.It ranges from a high estimate of $46M to a low estimate of $44.3M. As of the current estimate, Ardmore Shipping Corp’s year-ago sales were $86.61MFor the next quarter, 3 analysts are estimating revenue of $41.21M. There is a high estimate of $41.83M for the next quarter, whereas the lowest estimate is $40.8M.

A total of 3 analysts have provided revenue estimates for ASC’s current fiscal year. The highest revenue estimate was $181.6M, while the lowest revenue estimate was $175M, resulting in an average revenue estimate of $179.1M. In the same quarter a year ago, actual revenue was $273.17MBased on 3 analysts’ estimates, the company’s revenue will be $173.75M in the next fiscal year. The high estimate is $192.65M and the low estimate is $153M.

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