Ardmore Shipping Corporation (NYSE: ASC) is one of 25 public companies in the “Deep Sea Freight” industry, but how does it weigh in compared to its peers? We will compare Ardmore Shipping Corporation to related businesses based on the strength of its institutional ownership, earnings, profitability, dividends, risk, valuation and analyst recommendations.
This table compares Ardmore Shipping Corporation and its peers’ 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%|
This is a summary of recent ratings for Ardmore Shipping Corporation and its peers, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Ardmore Shipping Corporation||0||1||4||0||2.80|
|Ardmore Shipping Corporation Competitors||191||602||651||13||2.33|
Ardmore Shipping Corporation currently has a consensus target price of $10.50, indicating a potential upside of 39.07%. As a group, “Deep Sea Freight” companies have a potential upside of 35.76%. Given Ardmore Shipping Corporation’s stronger consensus rating and higher probable upside, equities analysts clearly believe Ardmore Shipping Corporation is more favorable than its peers.
Insider and Institutional 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 company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Valuation and Earnings
This table compares Ardmore Shipping Corporation and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Ardmore Shipping Corporation||$180.66 million||$43.97 million||-20.40|
|Ardmore Shipping Corporation Competitors||$229.24 million||$95.55 million||-2.60|
Ardmore Shipping Corporation’s peers have higher revenue and earnings than Ardmore Shipping Corporation. Ardmore Shipping Corporation is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Volatility and Risk
Ardmore Shipping Corporation has a beta of 1.35, meaning that its share price is 35% more volatile than the S&P 500. Comparatively, Ardmore Shipping Corporation’s peers have a beta of 2.06, meaning that their average share price is 106% more volatile than the S&P 500.
Ardmore Shipping Corporation beats its peers on 7 of the 12 factors compared.
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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