Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 11.675 USD 3.23%
Market Cap: 488.5m USD
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Wall Street
Price Targets

ASC Price Targets Summary
Ardmore Shipping Corp

Wall Street analysts forecast ASC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ASC is 18.972 USD with a low forecast of 15.15 USD and a high forecast of 28.35 USD.

Lowest
Price Target
15.15 USD
30% Upside
Average
Price Target
18.972 USD
63% Upside
Highest
Price Target
28.35 USD
143% Upside

ASC Last Price Targets
Ardmore Shipping Corp

The latest public price target was made on Oct 23, 2024 by longer ton-miles from Stifel Nicolaus , who expects ASC stock to rise by 46% over the next 12 months. You can read more about this price target by viewing the article on TheFly.

Analyst Price Target Date Article
longer ton-miles
Stifel Nicolaus
17 USD
Upside 46%
2 months ago
Oct 23, 2024
Ardmore Shipping downgraded to Hold from Buy at Stifel
TheFly
Benjamin Nolan
Stifel Nicolaus
24 USD
Upside 106%
4 months ago
Jul 24, 2024
Ardmore Shipping price target raised to $24 from $22 at Stifel
TheFly
Omar Nokta
Jefferies
20 USD
Upside 71%
8 months ago
Mar 25, 2024
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields
Benzinga
longer ton-miles
Stifel Nicolaus
Price Target 17 USD
Upside/Downside 46%
View Source
Benjamin Nolan
Stifel Nicolaus
Price Target 24 USD
Upside/Downside 106%
View Source
Omar Nokta
Jefferies
Price Target 20 USD
Upside/Downside 71%
View Source
Ardmore Shipping Corp Competitors:
Price Targets
ALNG
Awilco LNG ASA
58% Upside
934
Sinopec Kantons Holdings Ltd
18% Upside
GEOS
Golden Energy Offshore Services AS
67% Upside
KEY
Keyera Corp
7% Upside
NVGS
Navigator Holdings Ltd
48% Upside
AGAS
Avance Gas Holding Ltd
68% Upside
DTM
DT Midstream Inc
5% Downside
CQP
Cheniere Energy Partners LP
3% Downside

Revenue
Forecast

Revenue Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's revenue is 12%. The projected CAGR for the next 4 years is -16%.

12%
Past Growth
-16%
Estimated Growth
Estimates Accuracy
54%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's operating income is 14%. The projected CAGR for the next 4 years is -13%.

14%
Past Growth
-13%
Estimated Growth
Estimates Accuracy
3%
Average Beat

Net Income
Forecast

Net Income Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's net income is 17%. The projected CAGR for the next 4 years is -11%.

17%
Past Growth
-11%
Estimated Growth
Estimates Accuracy
-15%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ASC's stock price target?
Price Target
18.972 USD

According to Wall Street analysts, the average 1-year price target for ASC is 18.972 USD with a low forecast of 15.15 USD and a high forecast of 28.35 USD.

What is Ardmore Shipping Corp's Revenue forecast?
Projected CAGR
-16%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's revenue is 12%. The projected CAGR for the next 4 years is -16%.

What is Ardmore Shipping Corp's Operating Income forecast?
Projected CAGR
-13%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's operating income is 14%. The projected CAGR for the next 4 years is -13%.

What is Ardmore Shipping Corp's Net Income forecast?
Projected CAGR
-11%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's net income is 17%. The projected CAGR for the next 4 years is -11%.

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