Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
IPO Year: 2013
Exchange: NYSE
Website: ardmoreshipping.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $24.00 → $17.00 | Buy → Hold | Stifel |
| 7/21/2022 | $10.00 | Buy | Jefferies |
| 4/27/2022 | $7.50 | Buy | Jefferies |
6-K - Ardmore Shipping Corp (0001577437) (Filer)
144 - Ardmore Shipping Corp (0001577437) (Subject)
6-K - Ardmore Shipping Corp (0001577437) (Filer)
6-K - Ardmore Shipping Corp (0001577437) (Filer)
6-K - Ardmore Shipping Corp (0001577437) (Filer)
144 - Ardmore Shipping Corp (0001577437) (Subject)
20-F - Ardmore Shipping Corp (0001577437) (Filer)
SCHEDULE 13G - Ardmore Shipping Corp (0001577437) (Subject)
6-K - Ardmore Shipping Corp (0001577437) (Filer)
6-K - Ardmore Shipping Corp (0001577437) (Filer)
Stifel downgraded Ardmore Shipping from Buy to Hold and set a new price target of $17.00 from $24.00 previously
Jefferies initiated coverage of Ardmore Shipping with a rating of Buy and set a new price target of $10.00
Jefferies resumed coverage of Ardmore Shipping with a rating of Buy and set a new price target of $7.50
H.C. Wainwright upgraded Ardmore Shipping from Neutral to Buy and set a new price target of $5.50
H.C. Wainwright initiated coverage of Ardmore Shipping with a rating of Neutral and set a new price target of $5.50
Jefferies reiterated coverage of Ardmore Shipping with a rating of Buy and set a new price target of $5.50 from $6.00 previously
The Goldman Sachs Group resumed coverage of ASOS Plc (ASC.L) with a rating of Buy and set a new price target of $5,800.00
HAMILTON, Bermuda, May 7, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders of $5.6 million for the three months ended March 31, 2025, or $0.14 earnings per basic and diluted share, compared to Adjusted earnings and net income attributable to common stockholders of $38.4 million, or $0.93 earnings per basic share and $0.92 earnings per diluted share for the three months ended March 31, 2024. (See reconciliation of net income to Adjusted earnings in the Non-GAAP Measures se
HAMILTON, Bermuda, April 23, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens Wednesday, May 7, 2025 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, May 7, 2025, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"If yo
HAMILTON, Bermuda, Feb. 13, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2024. Highlights and Recent Activity Reported Adjusted earnings of $10.3 million for the three months ended December 31, 2024, or $0.25 Adjusted earnings per basic share and diluted share, compared to Adjusted earnings of $26.1 million, or $0.63 Adjusted earnings per basic share and diluted share for the three months ended December 31, 2023. (See reconciliation of net income to Adjusted earnings in the Non-GAAP Measures section.) Reported Adjusted earnings of $119.5 million for the year ended D
HAMILTON, Bermuda, Oct. 23, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings before the market opens Wednesday, November 6, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, November 6, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipp
HAMILTON, Bermuda, July 31, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2024. Highlights and Recent Activity Reported net income of $61.8 million for the three months ended June 30, 2024, or $1.48 earnings per basic share and $1.47 earnings per diluted share, compared to net income of $23.7 million, or $0.57 earnings per basic and diluted share for the three months ended June 30, 2023. We reported Adjusted earnings of $47.6 million for the three months ended June 30, 2024, or $1.14 Adjusted earnings per basic share and $1.13 Adjusted earnings per diluted share, compared to
HAMILTON, Bermuda, July 17, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings before the market opens Wednesday, July 31, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, July 31, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"I
HAMILTON, Bermuda, May 8, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2024. Highlights and Recent Activity Reported net income and Adjusted earnings of $38.4 million for the three months ended March 31, 2024, or $0.93 earnings per basic share and $0.92 earnings per diluted share, compared to net income and Adjusted earnings of $43.3 million, or $1.06 earnings per basic share and $1.04 earnings per diluted share for the three months ended March 31, 2023. See Adjusted earnings in the Non-GAAP Measures section.Consistent with the Company's variable dividend policy of paying out divi
HAMILTON, Bermuda, April 24, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens Wednesday, May 8, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time. The conference call and slide presentation will also be broadcast live over the Internet. Conference Call and Webcast Details: Wednesday, May 8, 2024, at 10:00 a.m. Eastern TimeLive webcast and presentation available at www.ardmoreshipping.comAlternatively, connect by phone at 800-836-8184 (US toll free) or +1-646-357-8785 (international) and reference "Ardmore Shipping"If yo
HAMILTON, Bermuda, Feb. 15, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, 2023. Highlights and Recent Activity Reported net income of $26.1 million for the three months ended December 31, 2023, or $0.63 earnings per basic and diluted share, compared to net income of $53.1 million, or $1.31 earnings per basic share and $1.28 earnings per diluted share for the three months ended December 31, 2022. We reported Adjusted earnings of $26.1 million for the three months ended December 31, 2023, or $0.63 Adjusted earnings per basic and diluted share, compared to Adjusted earni
HAMILTON, Bermuda, Aug. 1, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE:ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2023. Highlights and Recent Activity Reported net income and Adjusted earnings (see Adjusted earnings in the Non-GAAP Measures section) of $23.7 million for the three months ended June 30, 2023, or $0.57 earnings and Adjusted earnings per basic and diluted share, compared to net income of $28.8 million, or $0.82 earnings and Adjusted earnings per basic share and $0.81 earnings and Adjusted earnings per diluted share, for the three months ended June 30, 2022.Reported net income of $66.9 million for the si