American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) was the recipient of a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,474,546 shares, a drop of 17.9% from the February 26th total of 3,012,250 shares. Currently, 5.5% of the company’s shares are sold short. Based on an average daily trading volume, of 862,906 shares, the days-to-cover ratio is presently 2.9 days.
American Superconductor Stock Performance
Shares of AMSC opened at $33.72 on Monday. The company has a 50-day simple moving average of $31.63 and a two-hundred day simple moving average of $39.55. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.66 and a quick ratio of 1.80. The firm has a market capitalization of $1.61 billion, a PE ratio of 11.51 and a beta of 2.97. American Superconductor has a one year low of $13.98 and a one year high of $70.49.
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its earnings results on Wednesday, February 4th. The technology company reported $2.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $2.60. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The firm had revenue of $74.53 million for the quarter, compared to the consensus estimate of $69.03 million. During the same quarter in the prior year, the business earned $0.16 EPS. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. On average, analysts anticipate that American Superconductor will post 0.41 EPS for the current fiscal year.
Hedge Funds Weigh In On American Superconductor
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on AMSC. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Wall Street Zen lowered American Superconductor from a “buy” rating to a “hold” rating in a research note on Saturday, January 17th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, American Superconductor has an average rating of “Hold”.
Read Our Latest Report on American Superconductor
American Superconductor Company Profile
American Superconductor Corporation (NASDAQ:AMSC) is a technology company specializing in power electronics and high-temperature superconductor systems. Founded in 1987 and headquartered in Devens, Massachusetts, AMSC develops hardware and software solutions aimed at improving the efficiency, reliability and stability of electric power systems and renewable energy infrastructure. The company’s engineering expertise spans from the lab scale to full commercial deployment, with a focus on tackling grid integration challenges for utilities and independent power producers.
AMSC’s portfolio includes superconducting wire and cryogenic systems, power grid stabilization devices, and turnkey wind turbine electronics.
Featured Articles
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.
