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Ardmore Shipping Corp
NYSE:ASC

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Ardmore Shipping Corp
NYSE:ASC
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Price: 17.42 USD 0.87% Market Closed
Updated: May 6, 2024

Wall Street
Price Targets

ASC Price Targets Summary
Ardmore Shipping Corp

Wall Street analysts forecast ASC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for ASC is 21.62 USD with a low forecast of 20.2 USD and a high forecast of 25.2 USD.

Lowest
Price Target
20.2 USD
16% Upside
Average
Price Target
21.62 USD
24% Upside
Highest
Price Target
25.2 USD
45% Upside

ASC Last Price Targets
Ardmore Shipping Corp

The latest public price target was made on Mar 25, 2024 by Omar Nokta from Jefferies , who expects ASC stock to rise by 15% over the next 12 months. You can read more about this price target by viewing the article on Benzinga.

Analyst Price Target Date Article
Omar Nokta
Jefferies
20 USD
Upside 15%
1 month ago
Mar 25, 2024
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields
Benzinga
Omar Nokta
Jefferies
Price Target 20 USD
Upside/Downside 15%
View Source
Ardmore Shipping Corp Competitors:
Price Targets
TRMD A
Torm PLC
15% Upside
GEI
Gibson Energy Inc
18% Upside
CQP
Cheniere Energy Partners LP
1% Downside
PPL
Pembina Pipeline Corp
13% Upside
NAT
Nordic American Tanker Ltd
32% Upside
TNK
Teekay Tankers Ltd
21% Upside
GLNG
Golar LNG Ltd
26% Upside
KMI
Kinder Morgan Inc
12% Upside

Revenue
Forecast

Revenue Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's revenue is 12%. The projected CAGR for the next 3 years is -12%.

12%
Past Growth
-12%
Estimated Growth
Estimates Accuracy
54%
Average Beat

Operating Income
Forecast

Operating Income Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's operating income is 14%. The projected CAGR for the next 3 years is -14%.

14%
Past Growth
-14%
Estimated Growth
Estimates Accuracy
3%
Average Beat

Net Income
Forecast

Net Income Estimate
Ardmore Shipping Corp

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's net income is 17%. The projected CAGR for the next 3 years is -14%.

17%
Past Growth
-14%
Estimated Growth
Estimates Accuracy
-14%
Average Miss

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is ASC's stock price target?
Price Target
21.62 USD

According to Wall Street analysts, the average 1-year price target for ASC is 21.62 USD with a low forecast of 20.2 USD and a high forecast of 25.2 USD.

What is Ardmore Shipping Corp's Revenue forecast?
Projected CAGR
-12%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's revenue is 12%. The projected CAGR for the next 3 years is -12%.

What is Ardmore Shipping Corp's Operating Income forecast?
Projected CAGR
-14%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's operating income is 14%. The projected CAGR for the next 3 years is -14%.

What is Ardmore Shipping Corp's Net Income forecast?
Projected CAGR
-14%

For the last 8 years the compound annual growth rate for Ardmore Shipping Corp's net income is 17%. The projected CAGR for the next 3 years is -14%.