Ardmore Shipping (ASC)

• Market cap: $410M
• 1 day: -0.20%
• 5 days: -2.88%
• 1 month: 6.66%
• 3 months: -21.40%
• 6 months: -45.99%
• Year to date: -21.40%
• 1 year: -41.71%
• 5 years: 86.45%
• 10 years: -3.36%
• Sector: Industrials
• Industry: Deep Sea Foreign Transportation of Freight

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 filings 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

3.42% less ownership

Funds ownership: 73.17% [Q3] → 69.75% (-3.42%) [Q4]

14% less funds holding

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

36% less capital invested

Capital invested by funds: $550M [Q3] → $354M (-$196M) [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 13% upside
• Avg. target: $14 43% upside
• High target: $17 74% upside

2 analyst ratings

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

Stifel Benjamin Nolan 33% 1-year accuracy 14 / 42 met price target	13% upside $11	Hold Maintained	14 Feb 2025
Jefferies Omar Nokta 11% 1-year accuracy 6 / 55 met price target	74% upside $17	Buy Maintained	13 Feb 2025