Today's Top 5 Overvalued Stocks
By taking advantage of timing, you can position yourself for a massive windfall or avoid potential losses. Today we look at the top 5 overvalued stocks that analysts expect to drop in price.
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Shares Stats
| Shares Outstanding | 33,274,900 |
| Shares Float | 33,216,355 |
| Shares Short | 714,018 |
| Institution Holdings | 87.03% |
About Ardmore Shipping Corporation
Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2021, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.
General
| Name | Ardmore Shipping Corporation |
| Ticker | ASC |
| Exchange | NYSE |
| Sector | Industrials |
| Industry | Marine Shipping |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 47 |
Highlights
| Analyst Target | 5.43 |
| Market Cap | 171,032,976 |
| PEG Ratio | -6.04 |
| EBITDA | 50,788,012 |
Financials
| Curr Year EPS Estimate | -0.44 |
| Next Quarter EPS Estimate | -0.24 |
| Profit Margin | -0.03 |
| Return on Assets | 0.02 |
| Return on Equity | -0.02 |
| Revenue | 220,057,600 |
| Earnings Per Share | -0.18 |
| Revenue Per Share | 6.62 |
| Gross Profit | 68,691,888 |
| Quarterly Revenue Growth | -0.31 |
Valuation
| Trailing PE | 8.76 |
| Forward PE | 5.03 |
| Price/Sales (Trailing 12 Mt.) | 0.60 |
| Price/Book (Most Recent Quarter) | 0.41 |
Dividend
Ardmore Shipping Corporation pays out a dividend of $0.05 per share, with a dividend yield of 4.37%.
ASC's last dividend payment was made to shareholders on February 28, 2020.
They pay out 10.87% of their earnings out as a dividend.
Recent Dividends
| Mar 15, 2024 | $0.21 |
| Dec 15, 2023 | $0.16 |
| Sep 15, 2023 | $0.19 |
| Jun 15, 2023 | $0.35 |
| Mar 15, 2023 | $0.45 |
| Feb 28, 2020 | $0.05 |
| Aug 31, 2016 | $0.11 |
| May 31, 2016 | $0.16 |
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