
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping's positive outlook is supported by expectations for strengthened earnings driven by increased OPEC+ volumes and improved refinery profitability, positioning the company favorably within the transportation sector. The addition of three modern mid-size tankers is projected to enhance earnings, with estimates suggesting an increase of $0.16 per share for 2026 based on favorable market rates. Furthermore, robust 4Q bookings indicate a solid performance ahead, with significant portions of spot days already secured at favorable rates, further bolstering the company's financial prospects.
Bears say
The financial outlook for Ardmore Shipping Corp appears concerning due to potential volatility in charter rates driven by fluctuations in oil volumes. The company currently maintains a low net loan-to-value ratio of 6%, but its substantial net debt of $69 million against a fleet value exceeding $750 million indicates financial vulnerability. Additionally, higher interest rates are likely to negatively affect ship values, further complicating the company's financial position amidst an unstable market environment.
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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