Ardmore Shipping (ASC)

• Market cap: $390M
• 1 day: 2.93%
• 5 days: 6.37%
• 1 month: 3.77%
• 3 months: 3.45%
• 6 months: -10.22%
• Year to date: -18.02%
• 1 year: -52.60%
• 5 years: 106.69%
• 10 years: -14.23%
• 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 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

104% more call options, than puts

Call options by funds: $2.25M | Put options by funds: $1.1M

2.82% less ownership

Funds ownership: 69.68% [Q4 2024] → 66.86% (-2.82%) [Q1 2025]

13% less funds holding

Funds holding: 178 [Q4 2024] → 155 (-23) [Q1 2025]

25% less capital invested

Capital invested by funds: $353M [Q4 2024] → $265M (-$88.4M) [Q1 2025]

31% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 62

43% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 47

Research analyst outlook

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

• Low target: $13 28% upside
• Avg. target: $13 28% upside
• High target: $13 28% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Evercore ISI Group Jonathan Chappell

28% upside $13

Outperform Maintained

22 Apr 2025