American Superconductor (NASDAQ:AMSC) Raised to “Strong-Buy” at Zacks Research

American Superconductor (NASDAQ:AMSCGet Free Report) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Wednesday,Zacks.com reports.

A number of other research analysts have also weighed in on the stock. Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a research note on Thursday, November 6th. Weiss Ratings restated a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. Finally, Wall Street Zen lowered shares of American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $39.00.

Read Our Latest Research Report on AMSC

American Superconductor Trading Down 6.0%

Shares of NASDAQ:AMSC opened at $25.95 on Wednesday. American Superconductor has a 1-year low of $13.98 and a 1-year high of $70.49. The stock has a market capitalization of $1.17 billion, a P/E ratio of 8.86 and a beta of 2.98. The business has a 50-day moving average price of $31.06 and a two-hundred day moving average price of $44.19.

American Superconductor (NASDAQ:AMSCGet Free Report) last issued its earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $2.60. The company had revenue of $74.53 million for the quarter, compared to analyst estimates of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 46.00%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.16 EPS. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, equities analysts predict that American Superconductor will post 0.41 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in AMSC. Lodestone Wealth Management LLC bought a new stake in American Superconductor during the 4th quarter worth about $30,000. Virtus Advisers LLC acquired a new stake in shares of American Superconductor in the second quarter valued at about $69,000. Canada Pension Plan Investment Board increased its position in shares of American Superconductor by 100.0% in the second quarter. Canada Pension Plan Investment Board now owns 2,000 shares of the technology company’s stock valued at $73,000 after acquiring an additional 1,000 shares during the last quarter. Steward Partners Investment Advisory LLC bought a new stake in American Superconductor during the second quarter worth about $96,000. Finally, State of Alaska Department of Revenue acquired a new position in American Superconductor during the third quarter valued at approximately $124,000. Institutional investors own 52.28% of the company’s stock.

Key Headlines Impacting American Superconductor

Here are the key news stories impacting American Superconductor this week:

About American Superconductor

(Get Free Report)

American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.

AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.

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