Ardmore Shipping (ASC)

• Market cap: $386M
• 1 day: -1.34%
• 5 days: 2.47%
• 1 month: -2.55%
• 3 months: -20.63%
• 6 months: -32.44%
• Year to date: -23.25%
• 1 year: -43.04%
• 5 years: 44.98%
• 10 years: -20.70%
• Sector: Industrials
• Industry: Marine Shipping

About: Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The Company operates its business in one operating segment, the transportation of refined petroleum products and chemicals.

Employees: 936

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 48

6% less call options, than puts

Call options by funds: $1.01M | Put options by funds: $1.08M

2.33% less ownership

Funds ownership: 71.92% [Q3] → 69.59% (-2.33%) [Q4]

14% less funds holding

Funds holding: 206 [Q3] → 177 (-29) [Q4]

35% less capital invested

Capital invested by funds: $540M [Q3] → $353M (-$188M) [Q4]

41% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 64

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 15% upside
• Avg. target: $13.67 43% upside
• High target: $17 78% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Evercore ISI Group Jonathan Chappell 32% 1-year accuracy 10 / 31 met price target	36% upside $13	Outperform Maintained	22 Apr 2025
Stifel Benjamin Nolan 32% 1-year accuracy 14 / 44 met price target	15% upside $11	Hold Maintained	14 Feb 2025
Jefferies Omar Nokta 7% 1-year accuracy 4 / 56 met price target	78% upside $17	Buy Maintained	13 Feb 2025