American Superconductor (AMSC) Expected to Announce Earnings on Wednesday

American Superconductor (NASDAQ:AMSC) is projected to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect American Superconductor to post earnings of $0.07 per share and revenue of $56.67 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

American Superconductor Stock Down 3.8 %

AMSC opened at $26.27 on Monday. American Superconductor has a twelve month low of $10.19 and a twelve month high of $38.02. The company has a market cap of $1.04 billion, a PE ratio of -525.29 and a beta of 2.28. The company has a 50-day moving average price of $28.11 and a 200 day moving average price of $25.48.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer lifted their price target on American Superconductor from $29.00 to $33.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 28th.

About American Superconductor

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.