$11.77
1.51% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
MHY0207T1001
Symbol
ASC

Ardmore Shipping Corp. Target price 2024 - Analyst rating & recommendation

Ardmore Shipping Corp. Classifications & Recommendation:

Buy
60%
Hold
40%

Ardmore Shipping Corp. Price Target

Target Price $17.60
Price $11.77
Potential
Number of Estimates 5
5 Analysts have issued a price target Ardmore Shipping Corp. 2025 . The average Ardmore Shipping Corp. target price is $17.60. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 5 analysts: 3 Analysts recommend Ardmore Shipping Corp. to buy, 2 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Ardmore Shipping Corp. stock has an average upside potential 2025 of . Most analysts recommend the Ardmore Shipping Corp. stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 395.98 308.68
11.16% 22.05%
EBITDA Margin 40.28% 55.52%
6.93% 37.84%
Net Margin 28.56% 45.69%
13.34% 59.98%

5 Analysts have issued a sales forecast Ardmore Shipping Corp. 2024 . The average Ardmore Shipping Corp. sales estimate is

$309m
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. This is
26.96% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$431m 1.98%
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, the lowest is
$274m 35.12%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $396m 11.16%
2024
$309m 22.05%
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2025
$242m 21.50%
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2026
$225m 7.10%
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5 Analysts have issued an Ardmore Shipping Corp. EBITDA forecast 2024. The average Ardmore Shipping Corp. EBITDA estimate is

$171m
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. This is
4.67% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$178m 0.98%
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, the lowest is
$165m 8.21%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $159m 17.32%
2024
$171m 7.45%
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2025
$118m 31.20%
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2026
$106m 10.38%
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2027
$131m 23.67%
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EBITDA Margin

2023 40.28% 6.93%
2024
55.52% 37.84%
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2025
48.66% 12.36%
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2026
46.94% 3.53%
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4 Ardmore Shipping Corp. Analysts have issued a net profit forecast 2024. The average Ardmore Shipping Corp. net profit estimate is

$141m
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. This is
5.05% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$148m 0.28%
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, the lowest is
$136m 8.43%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $113m 23.01%
2024
$141m 24.73%
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2025
$87.0m 38.36%
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2026
$80.4m 7.53%
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Net Margin

2023 28.56% 13.34%
2024
45.69% 59.98%
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2025
35.88% 21.47%
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2026
35.71% 0.47%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2027

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 2.71 3.38
23.01% 24.72%
P/E 3.48
EV/Sales 1.66

4 Analysts have issued a Ardmore Shipping Corp. forecast for earnings per share. The average Ardmore Shipping Corp. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.38
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. This is
5.06% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.55 0.28%
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, the lowest is
$3.26 8.43%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $2.71 23.01%
2024
$3.38 24.72%
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2025
$2.08 38.46%
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2026
$1.93 7.21%
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P/E ratio

Current 3.30 15.38%
2024
3.48 5.45%
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2025
5.65 62.36%
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2026
6.11 8.14%
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Based on analysts' sales estimates for 2024, the Ardmore Shipping Corp. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.21 17.69%
2024
1.66 37.07%
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2025
2.11 27.39%
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2026
2.27 7.64%
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P/S ratio

Current 1.17 7.81%
2024
1.60 36.91%
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2025
2.03 27.39%
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2026
2.19 7.64%
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