Media stories about American Superconductor (NASDAQ:AMSC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Superconductor earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.9593914303477 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
AMSC has been the topic of a number of recent research reports. Zacks Investment Research downgraded American Superconductor from a “buy” rating to a “hold” rating in a research report on Tuesday, November 7th. B. Riley reissued a “hold” rating and set a $6.00 price target on shares of American Superconductor in a research report on Thursday, January 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $6.72.
American Superconductor (NASDAQ AMSC) traded down $0.07 on Friday, hitting $4.61. The stock had a trading volume of 58,295 shares, compared to its average volume of 358,882. American Superconductor has a fifty-two week low of $2.89 and a fifty-two week high of $7.75. The company has a market cap of $96.52, a P/E ratio of -2.31 and a beta of 1.31.
American Superconductor (NASDAQ:AMSC) last posted its quarterly earnings results on Monday, February 5th. The technology company reported ($0.18) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.35) by $0.17. American Superconductor had a negative return on equity of 60.92% and a negative net margin of 65.96%. The business had revenue of $14.90 million for the quarter, compared to the consensus estimate of $17.19 million. During the same quarter in the prior year, the company earned ($0.21) EPS. The business’s revenue was down 45.0% compared to the same quarter last year. equities analysts anticipate that American Superconductor will post -1.89 earnings per share for the current fiscal year.
About American Superconductor
American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions. The Company operates through two segments: Wind and Grid. Through the Company’s Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines. Through the Company’s Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power.
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