
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping Corp is positioned for improved earnings performance due to anticipated increases in OPEC+ volumes and enhanced refinery profitability, with forecasts suggesting a rise in earnings power in the upcoming months. The recent acquisition of three additional ships is expected to positively impact earnings, contributing an estimated $0.16 per share to the 2026 EPS, based on market conditions. Additionally, strong 4Q bookings, with 40% of MR spot days secured at $24,900/day, indicate solid demand and profitability for the company's modern fleet, which is now expanded to 25 vessels.
Bears say
Ardmore Shipping's stock outlook is negatively influenced by the volatility of charter rates, which are significantly affected by fluctuations in oil volumes in the market. The company's low net loan-to-value ratio of 6% indicates manageable debt relative to fleet value, but it also suggests limited leverage to enhance financial performance under changing market conditions. Additionally, higher interest rates pose a risk to ship values, which can further depress the company's financial standing in a competitive industry.
This aggregate rating is based on analysts' research of Ardmore Shipping and is not a guaranteed prediction by Public.com or investment advice.
Ardmore Shipping (ASC) Analyst Forecast & Price Prediction
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