Warning: ASC is at high risk of performing badly
- Ardmore Shipping Corporation (NYSE:ASC) has characteristics which have been historically associated with poor future stock performance. ASC has declining growth and decelerating momentum when compared to other Energy stocks, to the point that it gets a Sell rating from our Quant rating system. Stocks rated Sell or worse by our Quant rating system have massively underperformed the S&P 500, as this article will describe.
- The company has Levered FCF Growth (YoY) of -71.9% while the Energy sector median is -11.02%.
- The company has 3M Price Performance of -28.73% while the Energy sector median is 3.82%.
- Due to these factors our quant model has rated Ardmore Shipping Corporation as Sell and the company has an overall rank of 190 out of 1559 in the Energy sector. Compared to the S&P 500, stocks rated Sell or worse were down 20% on average per year over the last 10 years.
- If you are looking for alternatives to Ardmore Shipping Corporation (NYSE:ASC) see our top rated Energy sector stocks by quant rating. Our top rated stocks have beaten the S&P 500 by 1300% over the last 10 years.
- The Sell warnings are based on our Quant Ratings, a systematic quantitative model which generates Seeking Alpha’s Sell ratings. For information about Quant Ratings, backtesting and its limitations, please read more here.
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