Ardmore Shipping offers a compelling payout story, with Q2 spot MRs fixed at $52,100/day—nearly 5x cash breakeven—and a doubled dividend policy. ASC's Q2 earnings are largely locked in, supporting an estimated $0.83/share dividend and a projected $2.89/share full-year EPS at current run-rates. The stock is rated Buy with a $17 target, underpinned by a 12.4% yield, disciplined capital allocation, and a strong balance sheet with low leverage.
ASOS PLC (LSE:ASC) has strengthened its balance sheet and cut costs by selling a fulfilment warehouse in Atlanta, USA for a net gain of around £48 million. The online fashion retailer said it had assigned the site's lease to a global consumer brand and sold the related automation assets to a member of DHL Group.
ASOS PLC (LSE:ASC) has agreed to sell its Lichfield fulfilment centre to Marks and Spencer Group PLC (LSE:MKS) as the online fashion retailer continues efforts to strengthen its balance sheet and cut costs. The group said the £67.5 million disposal will generate net proceeds of at least £66 million and annual cash savings of about £6 million from lower rent and occupancy costs.
Tom Yeung here with your Sunday Digest.
Ardmore Shipping NYSE: ASC reported higher first-quarter adjusted earnings and raised its dividend payout ratio, while management said disruption in the Middle East is tightening an already firm product tanker market and accelerating momentum into the second quarter.
Ardmore Shipping Corporation (ASC) Q1 2026 Earnings Call Transcript
Shares in ASOS PLC (LSE:ASC) climbed over 9% to 245.88p, a six-week high, as the online clothing retailer reported improving profitability in the first half. Gross margins expanded more than three percentage points to around 48.5%, enabling adjusted EBITDA to increase 51% to £64 million.
On April 22, 2026, Ardmore Shipping Corp (ASC) shares rose 4.8% to close at $16.24. This price is within a 52-week range of $8.89 to $16.91, reflecting a strong
Ardmore Shipping Corporation (ASC) Analyst/Investor Day Transcript
I rate Ardmore Shipping Corporation a buy, citing a modern fleet, strong balance sheet, and discounted P/B valuation versus peers. ASC's focus on MR product and chemical tankers positions it to benefit from market inefficiencies and global trade disruptions. With a breakeven rate of $11,700 and spot rates near $24,900, ASC offers a significant margin of safety and earnings resilience.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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