American Superconductor (NASDAQ:AMSC) Trading Down 8.1% on Analyst Downgrade

Shares of American Superconductor Corporation (NASDAQ:AMSC) traded down 8.1% during mid-day trading on Friday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The stock traded as low as $28.22 and last traded at $28.34. 795,256 shares changed hands during trading, a decline of 28% from the average session volume of 1,108,227 shares. The stock had previously closed at $30.84.

AMSC has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. Wall Street Zen cut shares of American Superconductor from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Oppenheimer restated an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Hedge Funds Weigh In On American Superconductor

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in American Superconductor by 19.6% in the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock worth $101,496,000 after purchasing an additional 576,831 shares in the last quarter. Baillie Gifford & Co. grew its position in shares of American Superconductor by 5.6% during the 4th quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock valued at $43,367,000 after purchasing an additional 79,509 shares in the last quarter. State Street Corp grew its position in shares of American Superconductor by 4.9% during the 4th quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock valued at $34,308,000 after purchasing an additional 56,215 shares in the last quarter. Atreides Management LP increased its holdings in shares of American Superconductor by 34.0% in the second quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock worth $40,523,000 after purchasing an additional 280,418 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of American Superconductor by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock worth $31,396,000 after purchasing an additional 20,855 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.

American Superconductor Stock Down 10.2%

The company has a market cap of $1.32 billion, a PE ratio of 9.45 and a beta of 2.98. The stock has a 50-day moving average of $31.55 and a 200-day moving average of $41.64. The company has a quick ratio of 1.80, a current ratio of 2.66 and a debt-to-equity ratio of 0.01.

American Superconductor (NASDAQ:AMSC) last posted its earnings results on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping the consensus estimate of $0.15 by $2.60. The business had revenue of $74.53 million during the quarter, compared to analysts’ expectations of $69.03 million. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The firm’s revenue was up 21.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 earnings per share. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Sell-side analysts predict that American Superconductor Corporation will post 0.41 earnings per share for the current fiscal year.

American Superconductor Company Profile

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.