Ardmore Shipping Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals

Hamilton, bermuda , may 8, 2024 /prnewswire/ -- ardmore shipping corporation (nyse: asc) ("ardmore", the "company" or "we") today announced results for the three months ended march 31, 2024. highlights and recent activity reported net income and adjusted earnings of $38.4 million for the three months ended march 31, 2024, or $0.93 earnings per basic share and $0.92 earnings per diluted share, compared to net income and adjusted earnings of $43.3 million, or $1.06 earnings per basic share and $1.04 earnings per diluted share for the three months ended march 31, 2023.

Hamilton, bermuda , april 24, 2024 /prnewswire/ -- ardmore shipping corporation (nyse: asc) ("ardmore" or the "company") today announced that the company plans to announce its first quarter earnings before the market opens wednesday, may 8, 2024 and will host a conference call later in the day at 10:00 a.m. eastern time.

Hamilton, bermuda, march 15, 2024 /prnewswire/ -- ardmore shipping corporation (nyse: asc) ("ardmore" or the "company") announced today that it has filed its annual report on form 20-f for the year ended december 31, 2023 (the "form 20-f") with the u.s. securities and exchange commission (the "sec"). in compliance with the new york stock exchange rules, a copy of the form 20-f can be found in the investor relations section of the company's website, www.ardmoreshipping.com, under sec filings.

Hamilton, bermuda , feb. 15, 2024 /prnewswire/ -- ardmore shipping corporation (nyse: asc) ("ardmore", the "company" or "we") today announced results for the three and twelve months ended december 31, 2023. highlights and recent activity reported net income of $26.1 million for the three months ended december 31, 2023, or $0.63 earnings per basic and diluted share, compared to net income of $53.1 million, or $1.31 earnings per basic share and $1.28 earnings per diluted share for the three months ended december 31, 2022.

The company will provide a comprehensive update, focusing on the forces and trends influencing the global product and chemical tanker markets. the february 15, 2024 event will also include the company's presentation of 4q 2023 financial results.

Ardmore Shipping Corporation (NYSE:ASC ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Anthony Gurnee - Chief Executive Officer Bart Kelleher - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore Climent Molins - Value Investor's Edge Operator Good morning, ladies and gentlemen and welcome to Ardmore Shipping's First Quarter 2024 Earnings Conference Call. Today's call is being recorded and an audio webcast and presentation are available in the Investor Relations section of the company's website, ardmoreshipping.com.

Ardmore Shipping (ASC) closed at $17.42 in the latest trading session, marking a +0.87% move from the prior day.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here is how Ardmore Shipping (ASC) and Cathay Pacific Airways Ltd. (CPCAY) have performed compared to their sector so far this year.

Ardmore Shipping (ASC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Ardmore Shipping (ASC) concluded the recent trading session at $16.89, signifying a +1.62% move from its prior day's close.

Ardmore Shipping (ASC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in Ardmore Shipping (ASC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Recent market downturn due to inflation, high rates, geopolitics, and commodity costs presents dividend stock buying opportunities for higher yields, growth stability, and an inflation hedge. Dividend payments worldwide and in the U.S. hit all-time highs in 2023, a year that ended with record levels of cash on corporate balance sheets. Using SA's Dividend Scorecard, the Quant Team picked 10 stocks with average forward yields ranging from 3.22% to 9.29% and consecutive payouts of up to 61 years.

If you've been keeping up with the news lately, you know tensions in the Middle East have been escalating significantly. While they've calmed down for the moment, as long as conflict continues raging in the region, it's only a matter of time before the next major flare-up.