
Ardmore Shipping (ASC) Stock Forecast & Price Target
Ardmore Shipping (ASC) Analyst Ratings
Bulls say
Ardmore Shipping Corp is poised for an enhanced earnings trajectory, driven by an expected increase in OPEC+ volumes and improved refinery profitability, which suggests a favorable market environment for its operations. The delivery of three modern MR vessels is projected to augment earnings, with a notable increase in the 2026 EPS estimate by $0.16 per share, reflecting the company's effective management of its fleet and market conditions. Additionally, strong fourth-quarter bookings, which include securing significant daily rates for both MR and chemical spot days, indicate robust demand and revenue potential for the company moving forward.
Bears say
Ardmore Shipping Corp faces potential volatility in its charter rates due to fluctuations in oil volumes, which could adversely impact revenue stability in the seaborne transportation sector. The company's current net loan-to-value (net-LTV) ratio is low at 6%, suggesting minimal leverage, but this may not mitigate risks associated with rising interest rates that typically lead to declining ship values. Additionally, the existing consensus on earnings projections may not accurately reflect the potential for downward revisions if market conditions worsen, further contributing to a negative outlook for the stock.
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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