American Superconductor (AMSC) Stock Price, News & Analysis

Company Overview

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. 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; 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 ON 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 also 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. American Superconductor Corporation was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

Key Stats

• Today's Range: $31.84 to $34.98
• 50-Day Range: $20.73 to $36.81
• 52-Week Range: $8.56 to $38.02
• Volume: 1.14 million shs
• Average Volume: 1.05 million shs
• Market Capitalization: $1.35 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $28.33
• Consensus Rating: Buy

American Superconductor Stock Analysis - MarketRank™

American Superconductor scored higher than 23% of companies evaluated by MarketBeat, and ranked 562nd out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

American Superconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

American Superconductor has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 10.81%

Earnings Growth

Earnings for American Superconductor are expected to grow by 10.81% in the coming year, from $0.37 to $0.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of American Superconductor is -684.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of American Superconductor is -684.26, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

American Superconductor has a P/B Ratio of 7.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.95% of the outstanding shares of American Superconductor have been sold short.

Short Interest Ratio / Days to Cover

American Superconductor has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Superconductor has recently increased by 4.98%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

American Superconductor does not currently pay a dividend.

Dividend Growth

American Superconductor does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

6.95% of the outstanding shares of American Superconductor have been sold short.

Short Interest Ratio / Days to Cover

American Superconductor has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in American Superconductor has recently increased by 4.98%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.88

News Sentiment

American Superconductor has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for American Superconductor this week, compared to 3 articles on an average week.

Search Interest

36 people have searched for AMSC on MarketBeat in the last 30 days. This is an increase of 24% compared to the previous 30 days.

MarketBeat Follows

Only 11 people have added American Superconductor to their MarketBeat watchlist in the last 30 days. This is a decrease of -27% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, American Superconductor insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.40% of the stock of American Superconductor is held by insiders.

Percentage Held by Institutions

52.28% of the stock of American Superconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AMSC Stock Analysis - Frequently Asked Questions

How have AMSC shares performed this year?

American Superconductor's stock was trading at $11.14 at the start of the year. Since then, AMSC stock has increased by 207.2% and is now trading at $34.22.
View the best growth stocks for 2024 here.

How were American Superconductor's earnings last quarter?

American Superconductor Co. (NASDAQ:AMSC) released its quarterly earnings data on Thursday, June, 1st. The technology company reported ($0.28) EPS for the quarter, missing analysts' consensus estimates of ($0.20) by $0.08. The technology company earned $31.74 million during the quarter, compared to analyst estimates of $28.30 million. American Superconductor had a positive trailing twelve-month return on equity of 8.29% and a negative net margin of 0.49%.

Who are American Superconductor's major shareholders?

American Superconductor's top institutional shareholders include Baillie Gifford & Co. (5.34%), Royce & Associates LP (2.42%), State Street Corp (2.30%) and Geode Capital Management LLC (2.15%). 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 American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 6/01/2023
• Today: 11/22/2024
• Next Earnings (Estimated): 1/22/2025
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Motors & generators
• Sub-Industry: Electrical Components & Equipment
• Current Symbol: NASDAQ:AMSC
• CUSIP: 03011110
• CIK: 880807
• Web: www.amsc.com
• Phone: (978) 842-3000
• Fax: 978-842-3024
• Employees: 337
• Year Founded: 1987

Price Target and Rating

• Average Stock Price Target: $28.33
• High Stock Price Target: $33.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: -17.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 92.49
• P/E Growth: N/A
• Net Income: $-11,110,000.00
• Net Margins: -0.49%
• Pretax Margin: -3.17%
• Return on Equity: 8.29%
• Return on Assets: 4.90%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.05
• Quick Ratio: 1.31

Sales & Book Value

• Annual Sales: $145.64 million
• Price / Sales: 9.27
• Cash Flow: $0.02 per share
• Price / Cash Flow: 2,095.78
• Book Value: $4.74 per share
• Price / Book: 7.22

Miscellaneous

• Outstanding Shares: 39,450,000
• Free Float: 37,717,000
• Market Cap: $1.35 billion
• Optionable: Optionable
• Beta: 2.14