When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Ardmore Shipping (ASC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Ardmore Shipping currently has an average brokerage reco ...

Ardmore Shipping (ASC) closed the most recent trading day at $17.69, moving +0.11% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.03% for the day. Elsewhere, the Dow lost 0.04%, while the tech-heavy Nasdaq added 0.2%.Heading into today, shares of the shipping company had lost 9.25% over the past month, lagging the Transportation sector's gain of 3.7% and the S&P 500's gain of 1.54% in that time.The investment community will be closely monitoring the performan ...

Ardmore Shipping (ASC) closed the latest trading day at $16.98, indicating a +0.89% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 1.07%. Elsewhere, the Dow saw an upswing of 0.31%, while the tech-heavy Nasdaq appreciated by 2.17%.Shares of the shipping company have depreciated by 13.52% over the course of the past month, underperforming the Transportation sector's gain of 2.76% and the S&P 500's gain of 2.92%.The investment community will be paying clos ...

HeliRy Thesis Ardmore Shipping Corporation (NYSE:ASC) has three key attributes that warrant a BUY rating. First, the company is operating in a fundamentally advantaged shipping market for refined petroleum products. This allows the company to enjoy large operating margins. Second, the high levels of cash generation allow the company to pay a large (although variable) dividend as well as reinvest in the business to drive down breakeven costs. Third, these efforts have resulted in a net cash positive balance ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Ardmore Shipping (ASC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Ardmore Shipping currently ...

CHUNYIP WONG/E+ via Getty Images A couple of weeks ago, on July 31st, 2024, Ardmore Shipping Corporation (NYSE:ASC) – a product and chemical tanker operator - released its earnings report for the second quarter of 2024. Both revenues and net income surpassed analysts' expectations, leading to a roughly 4% increase in the stock price on the same trading day. In this article, I will provide an overview of Ardmore Shipping—a company I have not previously covered—and offer my rating recommendation. If you'r ...

Data demonstrate that extracellular ASC specks, independent of IL-1β, govern the pathogenesis and extent of amyloid A (AA) amyloidosis, which is characterized by deposition of insoluble amyloid fibrils in tissues and organs disrupting their structure and function.Extracellular ASC interacts with serum amyloid A (SAA) released by the liver during inflammation, forming a scaffold that accelerates SAA aggregation into amyloid fibrils, which are deposited in tissues and organs.Amyloid A amyloidosis occurs in a ...

Ardmore Shipping Corporation ARD MORE SHIPPING Ardmore Shipping Second Quarter 2024 2 Disclaimer This presentation contains certain statements that may be deemed to be "forward-looking statements" within the meaning of applicable U.S. federal securities laws. All statements, other than statements of historical facts, that address activities, events or developments that Ardmore Shipping Corporation ("Ardmore" or the "Company") expects, projects, believes or anticipates will, or may occur in the future, are a ...

Ardmore Shipping Corporation (NYSE:ASC) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Anthony Gurnee - President, Chief Executive Officer Bart Kelleher - Chief Financial Officer Gernot Ruppelt - Senior Vice President and Chief Commercial Officer Conference Call Participants Jon Chappell - Evercore ISI Omar Nokta - Jefferies Ben Nolan - Stifel Operator Good morning, ladies and gentlemen, and welcome to Ardmore Shipping Second Quarter 2024 Earnings Conference Call. Today’s ca ...

Ardmore Shipping (ASC) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $0.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.63%. A quarter ago, it was expected that this shipping company would post earnings of $0.87 per share when it actually produced earnings of $0.92, delivering a surprise of 5.75%.Over the last four quarters, the c ...