Ardmore Shpng

Company Profile

Ardmore Shpng had its IPO on 2013-08-01 under the ticker symbol ASC.

The company operates in the Industrials sector and Marine Shipping industry. Ardmore Shpng has a staff strength of 0 employees.

Stock update

Shares of Ardmore Shpng opened at $15.46 at the start of the last trading session i.e. 2023-03-23.

The stocks traded within a range of $14.7 - $15.82, and closed at $14.92.

This is a -1.97% slip from the previous day's closing price.

A total volume of 1,437,810 shares were traded at the close of the day’s session.

In the last one week, shares of Ardmore Shpng have slipped by -3.31%.

Ardmore Shpng's Key Ratios

Ardmore Shpng has a market cap of $618.34 million, indicating a price to book ratio of 1.4114 and a price to sales ratio of 1.6702.

In the last 12-months Ardmore Shpng’s revenue was $445.74 million with a gross profit of $212.84 million and an EBITDA of $188.73 million. The EBITDA ratio measures Ardmore Shpng's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ardmore Shpng’s operating margin was 35.77% while its return on assets stood at 13.76% with a return of equity of 33.15%.

In Q4, Ardmore Shpng’s quarterly earnings growth was a positive 0% while revenue growth was a positive 153.2%.

Ardmore Shpng’s PE and PEG Ratio

Forward PE

8.4746

Trailing PE

4.1247

PEG

-6.04

Its diluted EPS in the last 12-months stands at $3.69 per share while it has a forward price to earnings multiple of 8.4746 and a PEG multiple of -6.04. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ardmore Shpng’s profitability.

Ardmore Shpng stock is trading at a EV to sales ratio of 2.2387 and a EV to EBITDA ratio of 6.633. Its price to sales ratio in the trailing 12-months stood at 1.6702.

Ardmore Shpng stock pays annual dividends of $0.45 per share, indicating a yield of 3.08% and a payout ratio of 12.43%.

Balance sheet and cash flow metrics

Total Assets

$723.86 million

Total Liabilities

$52.93 million

Operating Cash Flow

$35.41 million

Capital Expenditure

$2.01 million

Dividend Payout Ratio

12.43%

Ardmore Shpng ended 2023 with $723.86 million in total assets and $0 in total liabilities. Its intangible assets were valued at $723.86 million while shareholder equity stood at $506.44 million.

Ardmore Shpng ended 2023 with $0 in deferred long-term liabilities, $52.93 million in other current liabilities, 426000.00 in common stock, $15.14 million in retained earnings and $0 in goodwill. Its cash balance stood at $50.57 million and cash and short-term investments were $50.57 million. The company’s total short-term debt was $21,142,000 while long-term debt stood at $115.87 million.

Ardmore Shpng’s total current assets stands at $157.74 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $79.84 million compared to accounts payable of $8.81 million and inventory worth $15.72 million.

In 2023, Ardmore Shpng's operating cash flow was $35.41 million while its capital expenditure stood at $2.01 million.

Comparatively, Ardmore Shpng paid $0.12 in dividends in 2023.

Other key metrics

Current Trading Price

$14.92

52-Week High

$19.41

52-Week Low

$4.1068

Analyst Target Price

$19.5

Ardmore Shpng stock is currently trading at $14.92 per share. It touched a 52-week high of $19.41 and a 52-week low of $19.41. Analysts tracking the stock have a 12-month average target price of $19.5.

Its 50-day moving average was $15.79 and 200-day moving average was $11.83 The short ratio stood at 1.81 indicating a short percent outstanding of 0%.

Around 987.1% of the company’s stock are held by insiders while 7058.5% are held by institutions.