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 (NYSE:ASC) and TORM (NASDAQ:TRMD) are both transportation companies, but which is the superior investment? We will compare the two companies based on the strength of their valuation, community ranking, earnings, media sentiment, institutional ownership, analyst recommendations, profitability, dividends and risk.
62.2% of Ardmore Shipping shares are held by institutional investors. Comparatively, 73.9% of TORM 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, large money managers and endowments believe a company is poised for long-term growth.
TORM has a net margin of 42.64% compared to Ardmore Shipping's net margin of 29.15%. TORM's return on equity of 36.99% beat Ardmore Shipping's return on equity.
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.
Ardmore Shipping pays an annual dividend of $0.84 per share and has a dividend yield of 3.7%. TORM pays an annual dividend of $4.38 per share and has a dividend yield of 11.8%. Ardmore Shipping pays out 32.2% of its earnings in the form of a dividend. TORM pays out 58.7% 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.
Ardmore Shipping has a beta of 0.36, indicating that its share price is 64% less volatile than the S&P 500. Comparatively, TORM has a beta of 0.16, indicating that its share price is 84% less volatile than the S&P 500.
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. TORM's average media sentiment score of 1.46 beat Ardmore Shipping's score of 0.54 indicating that TORM is being referred to more favorably in the news media.
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.
Ardmore Shipping presently has a consensus price target of $21.50, indicating a potential downside of 4.06%. Given Ardmore Shipping's higher possible upside, equities analysts plainly believe Ardmore Shipping is more favorable than TORM.
Summary
TORM beats Ardmore Shipping on 10 of the 19 factors compared between the two stocks.
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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.
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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