American Superconductor Corporation (NASDAQ:AMSC) Given Average Recommendation of “Moderate Buy” by Brokerages

American Superconductor Corporation (NASDAQ:AMSCGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the five brokerages that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $55.00.

Several research firms have commented on AMSC. Weiss Ratings downgraded shares of American Superconductor from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, August 24th. Roth Capital restated a “buy” rating and set a $55.00 price target (down from $58.00) on shares of American Superconductor in a report on Monday, August 10th. Wall Street Zen upgraded shares of American Superconductor from a “sell” rating to a “hold” rating in a report on Sunday, August 30th. Finally, Freedom Capital raised shares of American Superconductor to a “strong-buy” rating in a research report on Tuesday, July 21st.

Check Out Our Latest Stock Report on American Superconductor

Insider Transactions at American Superconductor

In related news, CFO John W. Kosiba, Jr. sold 6,769 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.46, for a total value of $253,566.74. Following the transaction, the chief financial officer directly owned 334,377 shares of the company’s stock, valued at approximately $12,525,762.42. This trade represents a 1.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Daniel P. Mcgahn sold 16,117 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $37.45, for a total value of $603,581.65. Following the completion of the sale, the chief executive officer owned 1,131,929 shares of the company’s stock, valued at approximately $42,390,741.05. This trade represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 37,391 shares of company stock valued at $1,463,119 in the last ninety days. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On American Superconductor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company lifted its stake in shares of American Superconductor by 2.0% in the first quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock worth $705,000 after buying an additional 404 shares during the last quarter. Rockefeller Capital Management L.P. grew its stake in American Superconductor by 45.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after buying an additional 492 shares during the last quarter. ROI Financial Advisors LLC raised its holdings in American Superconductor by 5.9% in the 1st quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock worth $363,000 after acquiring an additional 598 shares during the period. Janney Montgomery Scott LLC raised its holdings in American Superconductor by 1.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 46,381 shares of the technology company’s stock worth $1,335,000 after acquiring an additional 650 shares during the period. Finally, Principal Securities Inc. lifted its position in American Superconductor by 8.7% during the 4th quarter. Principal Securities Inc. now owns 8,636 shares of the technology company’s stock worth $249,000 after acquiring an additional 688 shares during the last quarter. Institutional investors and hedge funds own 52.28% of the company’s stock.

American Superconductor Price Performance

AMSC opened at $29.01 on Friday. The company has a market capitalization of $1.41 billion, a PE ratio of 9.57 and a beta of 3.26. American Superconductor has a fifty-two week low of $24.87 and a fifty-two week high of $70.49. The business has a 50-day moving average of $32.70 and a 200-day moving average of $37.80.

American Superconductor (NASDAQ:AMSCGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.04). The firm had revenue of $94.07 million during the quarter, compared to the consensus estimate of $87.12 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The company’s quarterly revenue was up 30.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.30 EPS. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. On average, equities research analysts expect that American Superconductor will post 0.37 earnings per share for the current fiscal year.

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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Analyst Recommendations for American Superconductor (NASDAQ:AMSC)

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