Ardmore Shpng Stock Buy Hold or Sell Recommendation
| ASC Stock | USD 16.32 0.29 1.81% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Ardmore Shpng is 'Hold'. Macroaxis provides Ardmore Shpng buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ASC positions. The advice algorithm takes into account all of Ardmore Shpng's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Ardmore Shpng's buy or sell advice are summarized below:
Real Value 17.47 | Target Price 18.8 | Hype Value 16.03 | Market Value 16.32 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ardmore Shpng given historical horizon and risk tolerance towards Ardmore Shpng. When Macroaxis issues a 'buy' or 'sell' recommendation for Ardmore Shpng, the advice is generated through an automated system that utilizes algorithms and statistical models.
Ardmore |
Execute Ardmore Shpng Buy or Sell Advice
The Ardmore recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ardmore Shpng. Macroaxis does not own or have any residual interests in Ardmore Shpng or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ardmore Shpng's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ardmore Shpng Trading Alerts and Improvement Suggestions
| Ardmore Shpng is unlikely to experience financial distress in the next 2 years | |
| Ardmore Shpng has a very strong financial position based on the latest SEC filings | |
| About 63.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of March 2024 Ardmore Shpng paid $ 0.21 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Why Ardmore Shipping Could Beat Earnings Estimates Again |
Ardmore Shpng Returns Distribution Density
The distribution of Ardmore Shpng's historical returns is an attempt to chart the uncertainty of Ardmore Shpng's future price movements. The chart of the probability distribution of Ardmore Shpng daily returns describes the distribution of returns around its average expected value. We use Ardmore Shpng price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ardmore Shpng returns is essential to provide solid investment advice for Ardmore Shpng.
| Mean Return | 0.09 | Value At Risk | -2.24 | Potential Upside | 2.96 | Standard Deviation | 1.71 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ardmore Shpng historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ardmore Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ardmore Shpng is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ardmore Shpng backward and forwards among themselves. Ardmore Shpng's institutional investor refers to the entity that pools money to purchase Ardmore Shpng's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 570.3 K | American Century Companies Inc | 2023-12-31 | 530 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 480 K | Sei Investments Co | 2023-12-31 | 430.8 K | Nuveen Asset Management, Llc | 2023-12-31 | 422.9 K | Federated Hermes Inc | 2023-12-31 | 405.7 K | Wells Fargo & Co | 2023-12-31 | 405.5 K | Qube Research & Technologies | 2023-12-31 | 395.1 K | Bridgeway Capital Management, Llc | 2023-12-31 | 385.6 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.8 M | Blackrock Inc | 2023-12-31 | 2.6 M |
Ardmore Shpng Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.7M | (115.3K) | (821.3K) | (4.6M) | 3.2M | 3.3M | |
| Change In Cash | (5.2M) | 6.6M | (2.9M) | (4.9M) | (3.8M) | (3.6M) | |
| Free Cash Flow | 17.9M | 25.2M | (5.5M) | 120.4M | 134.0M | 140.7M | |
| Depreciation | 32.3M | 32.2M | 31.7M | 29.3M | 31.4M | 26.7M | |
| Other Non Cash Items | 2.0M | 960.2K | 1.5M | 9.4M | 33.9M | 35.6M | |
| Capital Expenditures | 2.6M | 20.9M | 2.6M | 3.8M | 25.6M | 24.3M | |
| Net Income | (22.9M) | (6.0M) | (36.8M) | 138.5M | 116.8M | 122.6M | |
| End Period Cash Flow | 51.7M | 58.4M | 55.4M | 50.6M | 46.8M | 50.2M | |
| Net Borrowings | (47.2M) | (16.3M) | (37.9M) | (196.6M) | (177.0M) | (168.1M) | |
| Change To Netincome | 1.2M | 10.0M | 2.7M | (3.3M) | (3.8M) | (3.6M) | |
| Investments | 23.9M | (21.0M) | (5.5M) | 35.4M | (20.9M) | (21.9M) |
Ardmore Shpng Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ardmore Shpng or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ardmore Shpng's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ardmore stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.06 | |
β | Beta against NYSE Composite | 0.26 | |
σ | Overall volatility | 1.62 | |
Ir | Information ratio | -0.0019 |
Ardmore Shpng Volatility Alert
Ardmore Shpng has relatively low volatility with skewness of 0.14 and kurtosis of 1.25. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ardmore Shpng's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ardmore Shpng's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ardmore Shpng Fundamentals Vs Peers
Comparing Ardmore Shpng's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ardmore Shpng's direct or indirect competition across all of the common fundamentals between Ardmore Shpng and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ardmore Shpng or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ardmore Shpng's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ardmore Shpng by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ardmore Shpng to competition |
| Fundamentals | Ardmore Shpng | Peer Average |
| Return On Equity | 0.22 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.29 % | (1.27) % |
| Operating Margin | 0.30 % | (5.51) % |
| Current Valuation | 743.79 M | 16.62 B |
| Shares Outstanding | 41.53 M | 571.82 M |
| Shares Owned By Insiders | 15.20 % | 10.09 % |
| Shares Owned By Institutions | 62.76 % | 39.21 % |
| Number Of Shares Shorted | 984.29 K | 4.71 M |
| Price To Earning | 7.09 X | 28.72 X |
| Price To Book | 1.23 X | 9.51 X |
| Price To Sales | 1.67 X | 11.42 X |
| Revenue | 395.98 M | 9.43 B |
| Gross Profit | 212.84 M | 27.38 B |
| EBITDA | 159.49 M | 3.9 B |
| Net Income | 116.81 M | 570.98 M |
| Cash And Equivalents | 50.57 M | 2.7 B |
| Cash Per Share | 1.22 X | 5.01 X |
| Total Debt | 93.99 M | 5.32 B |
| Debt To Equity | 0.90 % | 48.70 % |
| Current Ratio | 2.54 X | 2.16 X |
| Book Value Per Share | 13.01 X | 1.93 K |
| Cash Flow From Operations | 159.61 M | 971.22 M |
| Short Ratio | 1.91 X | 4.00 X |
| Earnings Per Share | 2.71 X | 3.12 X |
| Price To Earnings To Growth | (6.04) X | 4.89 X |
| Target Price | 20.4 | |
| Number Of Employees | 56 | 18.84 K |
| Beta | 0.37 | -0.15 |
| Market Capitalization | 665.8 M | 19.03 B |
| Total Asset | 690.95 M | 29.47 B |
| Retained Earnings | 81.39 M | 9.33 B |
| Working Capital | 92.94 M | 1.48 B |
Ardmore Shpng Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ardmore . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Ardmore Shpng Buy or Sell Advice
When is the right time to buy or sell Ardmore Shpng? Buying financial instruments such as Ardmore Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 372.6M | 184.6M | 94.0M | 89.3M | Total Assets | 724.5M | 723.9M | 691.0M | 701.1M |
Use Investing Ideas to Build Portfolios
In addition to having Ardmore Shpng in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Large Cap ETFs theme has 560 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Cap ETFs Theme or any other thematic opportunities.
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Check out Ardmore Shpng Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Ardmore Stock analysis
When running Ardmore Shpng's price analysis, check to measure Ardmore Shpng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ardmore Shpng is operating at the current time. Most of Ardmore Shpng's value examination focuses on studying past and present price action to predict the probability of Ardmore Shpng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ardmore Shpng's price. Additionally, you may evaluate how the addition of Ardmore Shpng to your portfolios can decrease your overall portfolio volatility.
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Is Ardmore Shpng's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ardmore Shpng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.51) | Dividend Share 0.91 | Earnings Share 2.71 | Revenue Per Share 9.627 | Quarterly Revenue Growth (0.26) |
The market value of Ardmore Shpng is measured differently than its book value, which is the value of Ardmore that is recorded on the company's balance sheet. Investors also form their own opinion of Ardmore Shpng's value that differs from its market value or its book value, called intrinsic value, which is Ardmore Shpng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ardmore Shpng's market value can be influenced by many factors that don't directly affect Ardmore Shpng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ardmore Shpng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ardmore Shpng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ardmore Shpng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.