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Ardmore Shipping (ASC) Competitors

$22.41
-0.28 (-1.23%)
(As of 05/31/2024 ET)

ASC vs. TRMD, ZIM, SBLK, CDLR, DHT, SFL, LPG, CMRE, DAC, and NMM

Should you be buying Ardmore Shipping stock or one of its competitors? The main competitors of Ardmore Shipping include TORM (TRMD), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), DHT (DHT), SFL (SFL), Dorian LPG (LPG), Costamare (CMRE), Danaos (DAC), and Navios Maritime Partners (NMM). These companies are all part of the "deep sea foreign transportation of freight" industry.

Ardmore Shipping vs.

TORM (NASDAQ:TRMD) and Ardmore Shipping (NYSE:ASC) are both transportation companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, profitability, earnings, community ranking, valuation, institutional ownership, analyst recommendations and media sentiment.

Ardmore Shipping received 433 more outperform votes than TORM when rated by MarketBeat users. Likewise, 63.94% of users gave Ardmore Shipping an outperform vote while only 35.71% of users gave TORM an outperform vote.

CompanyUnderperformOutperform
TORMOutperform Votes
5
35.71%
Underperform Votes
9
64.29%
Ardmore ShippingOutperform Votes
438
63.94%
Underperform Votes
247
36.06%

TORM pays an annual dividend of $4.38 per share and has a dividend yield of 11.8%. Ardmore Shipping pays an annual dividend of $0.84 per share and has a dividend yield of 3.7%. TORM pays out 58.7% of its earnings in the form of a dividend. Ardmore Shipping pays out 32.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

73.9% of TORM shares are held by institutional investors. Comparatively, 62.2% of Ardmore Shipping shares are held by institutional investors. 0.4% of TORM shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

TORM has a net margin of 42.64% compared to TORM's net margin of 29.15%. Ardmore Shipping's return on equity of 36.99% beat TORM's return on equity.

Company Net Margins Return on Equity Return on Assets
TORM42.64% 36.99% 20.95%
Ardmore Shipping 29.15%21.06%16.12%

Ardmore Shipping has a consensus price target of $21.50, suggesting a potential downside of 4.06%. Given TORM's higher possible upside, analysts plainly believe Ardmore Shipping is more favorable than TORM.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TORM
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Ardmore Shipping
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Ardmore Shipping had 2 more articles in the media than TORM. MarketBeat recorded 4 mentions for Ardmore Shipping and 2 mentions for TORM. Ardmore Shipping's average media sentiment score of 1.46 beat TORM's score of 0.78 indicating that TORM is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TORM
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Ardmore Shipping
2 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

TORM has a beta of 0.16, indicating that its share price is 84% less volatile than the S&P 500. Comparatively, Ardmore Shipping has a beta of 0.36, indicating that its share price is 64% less volatile than the S&P 500.

TORM has higher revenue and earnings than Ardmore Shipping. TORM is trading at a lower price-to-earnings ratio than Ardmore Shipping, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TORM$1.52B1.99$648.27M$7.464.97
Ardmore Shipping$395.98M2.30$116.81M$2.618.59

Summary

TORM beats Ardmore Shipping on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ASC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ASC vs. The Competition

MetricArdmore ShippingDeep sea foreign transportation of freight IndustryTransportation SectorNYSE Exchange
Market Cap$910.52M$1.11B$10.35B$17.79B
Dividend Yield3.65%4.94%3.55%3.55%
P/E Ratio8.5914.5521.7425.81
Price / Sales2.302.1922.8911.40
Price / Cash6.575.7615.8518.95
Price / Book1.600.992.165.90
Net Income$116.81M$95.29M$671.06M$976.46M
7 Day Performance-2.48%2.21%0.90%0.62%
1 Month Performance34.23%17.17%6.44%4.79%
1 Year Performance88.64%69.15%20.59%24.00%

Ardmore Shipping Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMD
TORM
2.7664 of 5 stars
$38.19
+1.1%
N/A+46.9%$3.11B$1.52B5.12579Upcoming Earnings
Positive News
Gap Down
ZIM
ZIM Integrated Shipping Services
0.4935 of 5 stars
$22.07
+4.9%
$10.51
-52.4%
+70.4%$2.65B$5.16B-1.044,778Analyst Forecast
Short Interest ↓
Gap Up
SBLK
Star Bulk Carriers
3.3455 of 5 stars
$26.96
-0.1%
$31.00
+15.0%
+52.6%$2.27B$984.62M12.14216Short Interest ↑
CDLR
Cadeler A/S
3.4685 of 5 stars
$23.81
+0.6%
$35.00
+47.0%
N/A$2.09B$117.55M0.00570Short Interest ↓
Positive News
Gap Up
DHT
DHT
2.9596 of 5 stars
$12.19
-0.2%
$14.33
+17.6%
+50.5%$1.97B$560.56M11.611,212Short Interest ↑
SFL
SFL
0.898 of 5 stars
$14.14
-0.1%
$12.33
-12.8%
+64.9%$1.96B$752.29M14.5821
LPG
Dorian LPG
3.3867 of 5 stars
$48.03
-0.1%
$43.00
-10.5%
+110.9%$1.95B$552.96M6.32602
CMRE
Costamare
1.9538 of 5 stars
$15.09
+0.1%
$11.67
-22.7%
+102.4%$1.77B$1.51B5.852,750News Coverage
DAC
Danaos
1.8544 of 5 stars
$87.93
-2.9%
$90.00
+2.4%
+62.3%$1.71B$973.58M3.041,718Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage
High Trading Volume
NMM
Navios Maritime Partners
3.8213 of 5 stars
$48.48
-0.5%
N/A+152.5%$1.46B$1.31B3.662,020

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This page (NYSE:ASC) was last updated on 6/2/2024 by MarketBeat.com Staff

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