American Superconductor Corporation (NASDAQ:AMSC – Get Free Report)’s share price was down 6.8% during mid-day trading on Tuesday . The company traded as low as $34.16 and last traded at $34.3830. Approximately 446,509 shares changed hands during trading, a decline of 59% from the average daily volume of 1,089,915 shares. The stock had previously closed at $36.91.
Analyst Ratings Changes
AMSC has been the subject of several research reports. Oppenheimer reiterated an “outperform” rating on shares of American Superconductor in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of American Superconductor in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded American Superconductor from a “hold” rating to a “buy” rating in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, American Superconductor currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.00.
Read Our Latest Research Report on American Superconductor
American Superconductor Stock Down 4.9%
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its earnings results on Wednesday, November 5th. The technology company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.05. The firm had revenue of $65.86 million for the quarter, compared to analysts’ expectations of $67.23 million. American Superconductor had a return on equity of 9.35% and a net margin of 6.00%.The company’s quarterly revenue was up 20.9% on a year-over-year basis. During the same period last year, the firm earned $0.27 EPS. American Superconductor has set its Q3 2025 guidance at 0.140- EPS. Analysts predict that American Superconductor Corporation will post 0.41 EPS for the current fiscal year.
Institutional Investors Weigh In On American Superconductor
Institutional investors have recently added to or reduced their stakes in the stock. ROI Financial Advisors LLC purchased a new stake in shares of American Superconductor during the second quarter worth about $261,000. Voya Investment Management LLC lifted its stake in American Superconductor by 81.0% in the 1st quarter. Voya Investment Management LLC now owns 19,199 shares of the technology company’s stock valued at $348,000 after buying an additional 8,594 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in American Superconductor in the 2nd quarter worth about $228,000. Fox Run Management L.L.C. boosted its holdings in American Superconductor by 30.6% in the 2nd quarter. Fox Run Management L.L.C. now owns 37,505 shares of the technology company’s stock worth $1,376,000 after buying an additional 8,786 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in American Superconductor during the 2nd quarter worth approximately $1,679,000. Institutional investors and hedge funds own 52.28% of the company’s stock.
American Superconductor Company Profile
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.
Read More
- Five stocks we like better than American Superconductor
- 3 Monster Growth Stocks to Buy Now
- Rumble’s $767M Acquisition Marks Bold Pivot Into AI Infrastructure
- What Does Downgrade Mean in Investing?
- SoftBank Exits NVIDIA—So What? Analysts Still See More Upside
- How to Use the MarketBeat Dividend Calculator
- Barrick’s Golden Quarter: Boosts Buyback and Dividend
Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.
