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 56 employees.

Stock update

Shares of Ardmore Shpng opened at $12.68 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $12.59 - $12.92, and closed at $12.62.

This is a +0.64% increase from the previous day's closing price.

A total volume of 451,184 shares were traded at the close of the day’s session.

In the last one week, shares of Ardmore Shpng have slipped by -0.24%.

Ardmore Shpng's Key Ratios

Ardmore Shpng has a market cap of $493.79 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 $500.61 million with a gross profit of $212.84 million and an EBITDA of $231.70 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 40.61% while its return on assets stood at 17.77% with a return of equity of 44.28%.

In Q1, Ardmore Shpng’s quarterly earnings growth was a positive 0% while revenue growth was a positive 86.6%.

Ardmore Shpng’s PE and PEG Ratio

Forward PE

8.4746

Trailing PE

2.3649

PEG

-6.04

Its diluted EPS in the last 12-months stands at $5.07 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 $0.8 per share, indicating a yield of 6.73% and a payout ratio of 17.06%.

Balance sheet and cash flow metrics

Total Assets

$708.38 million

Total Liabilities

$43.82 million

Operating Cash Flow

$0

Capital Expenditure

$2.56 million

Dividend Payout Ratio

17.06%

Ardmore Shpng ended 2024 with $708.38 million in total assets and $0 in total liabilities. Its intangible assets were valued at $708.38 million while shareholder equity stood at $531.41 million.

Ardmore Shpng ended 2024 with $0 in deferred long-term liabilities, $43.82 million in other current liabilities, 430000.00 in common stock, $40.10 million in retained earnings and $0 in goodwill. Its cash balance stood at $52.55 million and cash and short-term investments were $52.55 million. The company’s total short-term debt was $21,661,000 while long-term debt stood at $86.66 million.

Ardmore Shpng’s total current assets stands at $144.93 million while long-term investments were $11.70 million and short-term investments were $0. Its net receivables were $68.94 million compared to accounts payable of $3.32 million and inventory worth $14.54 million.

In 2024, Ardmore Shpng's operating cash flow was $0 while its capital expenditure stood at $2.56 million.

Comparatively, Ardmore Shpng paid $0.17 in dividends in 2024.

Other key metrics

Current Trading Price

$12.62

52-Week High

$18.8343

52-Week Low

$5.9837

Analyst Target Price

$20

Ardmore Shpng stock is currently trading at $12.62 per share. It touched a 52-week high of $18.8343 and a 52-week low of $18.8343. Analysts tracking the stock have a 12-month average target price of $20.

Its 50-day moving average was $12.76 and 200-day moving average was $13.57 The short ratio stood at 2.25 indicating a short percent outstanding of 0%.

Around 978.2% of the company’s stock are held by insiders while 6970.4% are held by institutions.