Research Analysts Issue Forecasts for AMSC FY2027 Earnings

American Superconductor Co. (NASDAQ:AMSC - Free Report) - Investment analysts at Roth Capital issued their FY2027 earnings estimates for shares of American Superconductor in a note issued to investors on Tuesday, January 28th. Roth Capital analyst J. Clare forecasts that the technology company will post earnings per share of $0.69 for the year. The consensus estimate for American Superconductor's current full-year earnings is $0.37 per share.

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

American Superconductor Stock Down 0.6 %

Shares of AMSC traded down $0.17 during trading hours on Wednesday, reaching $26.02. 237,279 shares of the company traded hands, compared to its average volume of 911,531. The stock has a fifty day simple moving average of $28.50 and a 200 day simple moving average of $25.55. American Superconductor has a fifty-two week low of $10.19 and a fifty-two week high of $38.02. The stock has a market capitalization of $1.03 billion, a PE ratio of -519.72 and a beta of 2.28.

Institutional Trading of American Superconductor

Institutional investors have recently made changes to their positions in the stock. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in American Superconductor by 2.2% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 39,146 shares of the technology company's stock valued at $916,000 after acquiring an additional 828 shares during the last quarter. Amalgamated Bank acquired a new position in shares of American Superconductor in the 2nd quarter valued at about $28,000. CWM LLC purchased a new stake in shares of American Superconductor during the 3rd quarter worth about $57,000. Spire Wealth Management increased its position in American Superconductor by 17.7% during the 4th quarter. Spire Wealth Management now owns 17,517 shares of the technology company's stock worth $431,000 after purchasing an additional 2,628 shares in the last quarter. Finally, Quest Partners LLC purchased a new position in American Superconductor in the third quarter valued at approximately $88,000. 52.28% of the stock is owned by hedge funds and other institutional investors.

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.