​

Ardmore Shipping (ASC) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ASC Stock Forecast

Ardmore Shipping (ASC) stock forecast, based on 15 Wall Street analysts, predicts a 12-month average price target of $17.00, with a high of $17.00 and a low of $17.00. This represents a 84.38% increase from the last price of $9.22.

$5 $9 $13 $17 $21 $25 High: $17 Avg: $17 Low: $17 Last Closed Price: $9.22

ASC Stock Rating

Ardmore Shipping stock's rating consensus is Buy, based on 15 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (73.33%), 4 Hold (26.67%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 15 4 11 0 Strong Sell Sell Hold Buy Strong Buy

ASC Price Target Upside V Benchmarks

TypeNameUpside
StockArdmore Shipping84.38%
SectorIndustrials Stocks 29.01%
IndustryMarine Shipping Stocks54.26%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$20.50
Last Closing Price$9.22$9.22$9.22
Upside/Downside--122.34%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25-32--5
Mar, 25-32--5
Feb, 25-32--5
Jan, 25-32--5
Dec, 24-32--5
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024longer ton-milesStifel Nicolaus$17.00$16.224.81%84.38%
Jul 24, 2024Benjamin NolanStifel Nicolaus$24.00$21.3012.68%160.30%
Mar 25, 2024Omar NoktaJefferies$20.00$16.3522.32%116.92%
Nov 29, 2022Jefferies$17.00$15.2011.84%84.38%
Apr 22, 2022H.C. Wainwright$8.50$5.5154.26%-7.81%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jul 23, 2024Evercore ISIOutperformOutperformhold
Mar 25, 2024Raymond JamesStrong BuyStrong Buyhold
Nov 29, 2022JefferiesBuyBuyhold
Nov 02, 2022JefferiesBuyBuyhold
Apr 26, 2022Zacks Investment ResearchBuyupgrade

Financial Forecast

EPS Forecast

$-2 $-1 $0 $1 $2 $3 $4 $5 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-0.18$-1.08$3.63$2.80----
Avg Forecast$0.01$-1.11$3.61$2.72$2.73$1.46$1.36$1.87
High Forecast$0.01$-0.89$4.27$2.74$2.84$1.66$1.67$2.46
Low Forecast$0.01$-1.42$3.19$2.69$2.62$1.24$1.06$1.44
Surprise %-1900.00%-2.70%0.55%2.94%----

Revenue Forecast

$50M $130M $210M $290M $370M $450M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$220.06M$192.48M$445.74M$395.98M----
Avg Forecast$140.38M$105.35M$286.51M$283.52M$278.28M$211.78M$217.74M$193.57M
High Forecast$171.00M$128.32M$326.71M$287.88M$281.94M$236.63M$225.00M$241.27M
Low Forecast$118.91M$89.24M$260.66M$279.17M$274.62M$186.92M$210.47M$159.38M
Surprise %56.76%82.71%55.58%39.66%----

Net Income Forecast

$-50M $-10M $30M $70M $110M $150M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-6.05M$-36.52M$138.45M$116.81M----
Avg Forecast$-9.34M$-37.77M$-40.04M$36.12M$114.11M$60.66M$56.99M$78.02M
High Forecast$-144.34K$-30.21M$-32.03M$43.34M$118.80M$69.58M$69.84M$103.02M
Low Forecast$-18.53M$-45.32M$-48.05M$28.90M$109.42M$51.73M$44.15M$60.10M
Surprise %-35.24%-3.32%-445.76%223.39%----

ASC Forecast FAQ

Is Ardmore Shipping stock a buy?

Ardmore Shipping stock has a consensus rating of Buy, based on 15 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 4 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Ardmore Shipping is a favorable investment for most analysts.

What is Ardmore Shipping's price target?

Ardmore Shipping's price target, set by 15 Wall Street analysts, averages $17 over the next 12 months. The price target range spans from $17 at the low end to $17 at the high end, suggesting a potential 84.38% change from the previous closing price of $9.22.

How does Ardmore Shipping stock forecast compare to its benchmarks?

Ardmore Shipping's stock forecast shows a 84.38% upside, outperforming the average forecast for the industrials stocks sector (29.01%) and outperforming the marine shipping stocks industry (54.26%).

What is the breakdown of analyst ratings for Ardmore Shipping over the past three months?

  • April 2025: 0% Strong Buy, 60.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 0% Strong Buy, 60.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 60.00% Buy, 40.00% Hold, 0% Sell, 0% Strong Sell.

What is Ardmore Shipping’s EPS forecast?

Ardmore Shipping's average annual EPS forecast for its fiscal year ending in December 2024 is $2.73, marking a -2.50% decrease from the reported $2.8 in 2023. Estimates for the following years are $1.46 in 2025, $1.36 in 2026, and $1.87 in 2027.

What is Ardmore Shipping’s revenue forecast?

Ardmore Shipping's average annual revenue forecast for its fiscal year ending in December 2024 is $278.28M, reflecting a -29.72% decrease from the reported $395.98M in 2023. The forecast for 2025 is $211.78M, followed by $217.74M for 2026, and $193.57M for 2027.

What is Ardmore Shipping’s net income forecast?

Ardmore Shipping's net income forecast for the fiscal year ending in December 2024 stands at $114.11M, representing a -2.31% decrease from the reported $116.81M in 2023. Projections indicate $60.66M in 2025, $56.99M in 2026, and $78.02M in 2027.