American Superconductor Corporation (NASDAQ:AMSC – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday. The company traded as low as $24.75 and last traded at $24.3350, with a volume of 13,526 shares changing hands. The stock had previously closed at $25.65.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Roth Capital reissued a “buy” rating and issued a $55.00 price target (down from $58.00) on shares of American Superconductor in a research note on Monday, August 10th. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Freedom Capital raised American Superconductor to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, Wall Street Zen raised shares of American Superconductor from a “sell” rating to a “hold” rating in a research report on Sunday, August 30th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.00.
View Our Latest Report on American Superconductor
American Superconductor Trading Down 5.2%
American Superconductor (NASDAQ:AMSC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.04). American Superconductor had a return on equity of 27.41% and a net margin of 42.56%. The firm had revenue of $94.07 million during the quarter, compared to analyst estimates of $87.12 million. During the same quarter in the previous year, the firm posted $0.30 earnings per share. American Superconductor’s quarterly revenue was up 30.0% compared to the same quarter last year. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. As a group, sell-side analysts predict that American Superconductor Corporation will post 0.37 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in AMSC. Fortitude Family Office LLC raised its stake in shares of American Superconductor by 624.3% in the third quarter. Fortitude Family Office LLC now owns 985 shares of the technology company’s stock valued at $29,000 after purchasing an additional 849 shares in the last quarter. Farther Finance Advisors LLC increased its stake in American Superconductor by 2,959.1% in the third quarter. Farther Finance Advisors LLC now owns 2,692 shares of the technology company’s stock valued at $78,000 after acquiring an additional 2,604 shares during the period. Central Pacific Bank Trust Division raised its position in American Superconductor by 12.2% in the third quarter. Central Pacific Bank Trust Division now owns 18,248 shares of the technology company’s stock worth $531,000 after purchasing an additional 1,982 shares in the last quarter. Tidal Investments LLC boosted its holdings in American Superconductor by 133.7% during the second quarter. Tidal Investments LLC now owns 101,341 shares of the technology company’s stock valued at $4,207,000 after purchasing an additional 57,972 shares in the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of American Superconductor in the 2nd quarter worth approximately $159,000. Institutional investors and hedge funds own 52.28% of the company’s stock.
American Superconductor Company Profile
American Superconductor Corporation (NASDAQ:AMSC) develops technologies that help electric utilities, industrial companies, renewable-energy developers and other customers improve the reliability, efficiency and resilience of electrical power systems. The company combines power electronics, controls, energy management software and superconducting technologies in solutions for the electric grid and other demanding applications.
AMSC’s grid-related offerings are designed to support power quality, voltage regulation, renewable-energy integration and protection against disruptions.
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