American Superconductor (AMSC) Expected to Announce Earnings on Wednesday

American Superconductor (NASDAQ:AMSC - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect American Superconductor to post earnings of $0.07 per share and revenue of $56.67 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

American Superconductor Trading Up 0.2 %

Shares of NASDAQ AMSC traded up $0.05 during trading hours on Monday, reaching $26.32. The stock had a trading volume of 699,357 shares, compared to its average volume of 920,747. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of -526.29 and a beta of 2.26. American Superconductor has a 52-week low of $10.19 and a 52-week high of $38.02. The business's fifty day moving average price is $28.11 and its two-hundred day moving average price is $25.46.

Analysts Set New Price Targets

Separately, Oppenheimer boosted their price objective on shares of American Superconductor from $29.00 to $33.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 28th.

American Superconductor Company Profile

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.