American Superconductor (NASDAQ:AMSC) Hits New 1-Year Low – What’s Next?

American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as $24.75 and last traded at $24.3350, with a volume of 13,526 shares traded. The stock had previously closed at $25.65.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMSC. Weiss Ratings upgraded American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded shares of American Superconductor from a “sell” rating to a “hold” rating in a report on Sunday, August 30th. Freedom Capital raised American Superconductor to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Roth Capital reissued a “buy” rating and set a $55.00 target price (down from $58.00) on shares of American Superconductor in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $55.00.

View Our Latest Research Report on American Superconductor

American Superconductor Stock Down 5.2%

The business has a fifty day simple moving average of $29.96 and a 200 day simple moving average of $37.32. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 8.05 and a beta of 3.32.

American Superconductor (NASDAQ:AMSC – Get Free Report) last released 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 business had revenue of $94.07 million during the quarter, compared to analyst estimates of $87.12 million. American Superconductor had a net margin of 42.56% and a return on equity of 27.41%. The firm’s revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.30 earnings per share. American Superconductor has set its Q2 2026 guidance at 0.170- EPS. Equities analysts anticipate that American Superconductor Corporation will post 0.37 EPS for the current fiscal year.

Institutional Trading of American Superconductor

Several large investors have recently added to or reduced their stakes in AMSC. Fortitude Family Office LLC raised its stake in American Superconductor by 624.3% during the 3rd quarter. Fortitude Family Office LLC now owns 985 shares of the technology company’s stock valued at $29,000 after acquiring an additional 849 shares in the last quarter. Nykredit A S acquired a new stake in American Superconductor in the second quarter worth approximately $46,000. Rockefeller Capital Management L.P. increased its position in shares of American Superconductor by 45.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,563 shares of the technology company’s stock valued at $45,000 after purchasing an additional 492 shares during the period. Optiver Holding B.V. acquired a new stake in shares of American Superconductor in the first quarter valued at $64,000. Finally, Caitong International Asset Management Co. Ltd bought a new stake in American Superconductor in the fourth quarter worth about $60,000. 52.28% of the stock is currently owned by institutional investors and hedge funds.

About American Superconductor

(Get Free Report)

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.

Featured Stories

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.