Ardmore Shipping (ASC)

• Market cap: $383M
• 1 day: -1.19%
• 5 days: -2.46%
• 1 month: -8.99%
• 3 months: -20.16%
• 6 months: -44.95%
• Year to date: -26.71%
• 1 year: -43.17%
• 5 years: 53.63%
• 10 years: -14.38%
• 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: 834

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

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

• Low target: $11 21% upside
• Avg. target: $14 54% upside
• High target: $17 87% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Stifel Benjamin Nolan 20% 1-year accuracy 8 / 41 met price target	21% upside $11	Hold Maintained	14 Feb 2025
Jefferies Omar Nokta 4% 1-year accuracy 2 / 55 met price target	87% upside $17	Buy Maintained	13 Feb 2025