American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $32.58, but opened at $30.20. American Superconductor shares last traded at $32.40, with a volume of 247,381 shares.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the stock. Zacks Research raised shares of American Superconductor from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. Wall Street Zen downgraded American Superconductor from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, American Superconductor presently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on AMSC
American Superconductor Trading Down 5.8%
American Superconductor (NASDAQ:AMSC – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $2.60. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The business had revenue of $74.53 million for the quarter, compared to analyst estimates of $69.03 million. During the same period in the previous year, the company earned $0.16 earnings per share. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. As a group, equities research analysts expect that American Superconductor Corporation will post 0.41 earnings per share for the current year.
Institutional Trading of American Superconductor
A number of hedge funds have recently modified their holdings of the stock. ROI Financial Advisors LLC acquired a new stake in American Superconductor in the 2nd quarter valued at $261,000. Stephens Investment Management Group LLC acquired a new position in American Superconductor during the third quarter worth $4,033,000. Fox Run Management L.L.C. lifted its holdings in American Superconductor by 30.6% during the second quarter. Fox Run Management L.L.C. now owns 37,505 shares of the technology company’s stock valued at $1,376,000 after purchasing an additional 8,786 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in American Superconductor by 223.7% during the second quarter. Squarepoint Ops LLC now owns 147,224 shares of the technology company’s stock valued at $5,402,000 after purchasing an additional 101,746 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in shares of American Superconductor by 40.8% in the second quarter. Osaic Holdings Inc. now owns 151,278 shares of the technology company’s stock valued at $5,550,000 after purchasing an additional 43,872 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.
About American Superconductor
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.
Featured Stories
- Five stocks we like better than American Superconductor
- New Copper-Rich “Kraken” Zone Discovered
- Elon Warns “America Is Broke”. Trump’s Plan Inside.
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
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.
