Ardmore Shipping Corporation (ASC) vs. Its Peers Head-To-Head Comparison
Ardmore Shipping Corporation (NYSE: ASC) is one of 25 public companies in the “Deep Sea Freight” industry, but how does it compare to its rivals? We will compare Ardmore Shipping Corporation to related companies based on the strength of its profitability, risk, dividends, earnings, valuation, analyst recommendations and institutional ownership.
Earnings and Valuation
This table compares Ardmore Shipping Corporation and its rivals revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Ardmore Shipping Corporation||$180.66 million||$43.97 million||-21.62|
|Ardmore Shipping Corporation Competitors||$229.07 million||$92.04 million||-2.64|
Ardmore Shipping Corporation’s rivals have higher revenue and earnings than Ardmore Shipping Corporation. Ardmore Shipping Corporation is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of recent recommendations and price targets for Ardmore Shipping Corporation and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ardmore Shipping Corporation||0||1||4||0||2.80|
|Ardmore Shipping Corporation Competitors||194||606||652||13||2.33|
Ardmore Shipping Corporation currently has a consensus target price of $10.50, indicating a potential upside of 31.25%. As a group, “Deep Sea Freight” companies have a potential upside of 34.88%. Given Ardmore Shipping Corporation’s rivals higher possible upside, analysts plainly believe Ardmore Shipping Corporation has less favorable growth aspects than its rivals.
Volatility & Risk
Ardmore Shipping Corporation has a beta of 1.35, suggesting that its stock price is 35% more volatile than the S&P 500. Comparatively, Ardmore Shipping Corporation’s rivals have a beta of 2.06, suggesting that their average stock price is 106% more volatile than the S&P 500.
This table compares Ardmore Shipping Corporation and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Ardmore Shipping Corporation||-6.92%||-2.35%||-1.08%|
|Ardmore Shipping Corporation Competitors||-97.12%||-16.36%||-5.76%|
Institutional and Insider Ownership
76.5% of Ardmore Shipping Corporation shares are held by institutional investors. Comparatively, 66.3% of shares of all “Deep Sea Freight” companies are held by institutional investors. 2.9% of shares of all “Deep Sea Freight” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
About Ardmore Shipping Corporation
Ardmore Shipping Corporation provides seaborne transportation of petroleum products and chemicals to national oil companies, oil and chemical traders, and chemical companies, with its fleet of mid-size product and chemical tankers. The Company’s segment relates to the operations of its vessels. The Company’s fleet consists of over 20 double-hulled product and chemical tankers, all of which are in operation. The Company’s vessels include Ardmore Seavaliant, Ardmore Seaventure, Ardmore Seavantage, Ardmore Seavanguard, Ardmore Sealion, Ardmore Seafox, Ardmore Seahawk, Ardmore Endeavour, Ardmore Seafarer, Ardmore Seatrader, Ardmore Seamaster and Ardmore Sealeader. The Company has over 30 subsidiaries, the majority of which represent single ship-owning companies for its fleet. Its subsidiaries include Ardmore Shipping (Bermuda) Limited (ASBL), Ardmore Shipping Services (Ireland) Limited (ASSIL), Ardmore Shipping (Asia) Pte. Limited and Ardmore Shipping (Americas) LLC.
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