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NASDAQ:AMSC

American Superconductor (AMSC) Stock Price, News & Analysis

$18.42
-0.36 (-1.92%)
(As of 09/6/2024 ET)
Today's Range
$17.91
$18.99
50-Day Range
$18.42
$32.42
52-Week Range
$5.78
$32.70
Volume
633,607 shs
Average Volume
943,974 shs
Market Capitalization
$681.50 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.00

American Superconductor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.2% Upside
$26.00 Price Target
Short Interest
Healthy
7.27% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.50 M Sold Last Quarter
Proj. Earnings Growth
100.00%
From $0.17 to $0.34 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.98 out of 5 stars

Computer And Technology Sector

307th out of 594 stocks

Motors & Generators Industry

3rd out of 4 stocks

AMSC stock logo

About American Superconductor Stock (NASDAQ:AMSC)

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. 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; and engineering planning services. It provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; resilient electric grid systems, resilient electric grid systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market. This segment also offers ship protection systems, which reduce a naval ship's magnetic signature; and in board power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. The company was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

AMSC Stock Price History

AMSC Stock News Headlines

AMSC Sep 2024 38.000 call (AMSC240920C00038000)
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
China Stockpiling Gold “Like No Tomorrow”
For 18 consecutive months, China’s central bank has increased its gold reserve. The country, with a population of over 1.4 BILLION is “buying gold like there’s no tomorrow,” according to The New York Times. China, a rising global economic threat, aims to reduce its dependence on the US dollar… .
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Motors & generators
Sub-Industry
Electrical Components & Equipment
Current Symbol
NASDAQ:AMSC
CUSIP
03011110
Employees
330
Year Founded
1987

Price Target and Rating

Average Stock Price Target
$26.00
High Stock Price Target
$29.00
Low Stock Price Target
$23.00
Potential Upside/Downside
+41.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-11,110,000.00
Pretax Margin
-5.05%

Debt

Sales & Book Value

Annual Sales
$155.68 million
Cash Flow
$0.01 per share
Book Value
$3.62 per share

Miscellaneous

Free Float
35,370,000
Market Cap
$681.50 million
Optionable
Optionable
Beta
2.13

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AMSC Stock Analysis - Frequently Asked Questions

How have AMSC shares performed this year?

American Superconductor's stock was trading at $11.14 at the beginning of the year. Since then, AMSC stock has increased by 65.4% and is now trading at $18.42.
View the best growth stocks for 2024 here
.

How were American Superconductor's earnings last quarter?

American Superconductor Co. (NASDAQ:AMSC) posted its quarterly earnings data on Tuesday, August, 6th. The technology company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.04) by $0.09. The technology company earned $40.29 million during the quarter, compared to analyst estimates of $39.55 million. American Superconductor had a negative net margin of 5.29% and a positive trailing twelve-month return on equity of 1.15%.

What is Daniel P. (Dan) McGahn's approval rating as American Superconductor's CEO?

10 employees have rated American Superconductor Chief Executive Officer Daniel P. (Dan) McGahn on Glassdoor.com. Daniel P. (Dan) McGahn has an approval rating of 25% among the company's employees. This puts Daniel P. (Dan) McGahn in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 37.0% of employees surveyed would recommend working at American Superconductor to a friend.

Who are American Superconductor's major shareholders?

American Superconductor's top institutional investors include Baillie Gifford & Co. (5.98%), Hood River Capital Management LLC (4.69%), Assenagon Asset Management S.A. (2.86%) and Driehaus Capital Management LLC (2.49%). Insiders that own company stock include Daniel P Mcgahn, John W Kosiba Jr and Vikram S Budhraja.
View institutional ownership trends
.

How do I buy shares of American Superconductor?

Shares of AMSC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of American Superconductor own?

Based on aggregate information from My MarketBeat watchlists, some other companies that American Superconductor investors own include Advanced Micro Devices (AMD), First United (FUNC), Bank of America (BAC), Netflix (NFLX), Alibaba Group (BABA) and Marvell Technology (MRVL).

This page (NASDAQ:AMSC) was last updated on 9/7/2024 by MarketBeat.com Staff

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