American Superconductor Corporation (NASDAQ:AMSC – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $48.15, but opened at $51.25. American Superconductor shares last traded at $46.5340, with a volume of 703,520 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of American Superconductor in a report on Monday, December 29th. Zacks Research lowered shares of American Superconductor from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 5th. Finally, Wall Street Zen lowered shares of American Superconductor from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, American Superconductor has a consensus rating of “Hold”.
View Our Latest Report on American Superconductor
American Superconductor Stock Performance
American Superconductor (NASDAQ:AMSC – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, beating the consensus estimate of $0.15 by $2.60. The firm had revenue of $74.53 million during the quarter, compared to analyst estimates of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Analysts expect that American Superconductor Corporation will post 3.09 earnings per share for the current year.
Institutional Investors Weigh In On American Superconductor
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in American Superconductor by 22.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 56,946 shares of the technology company’s stock valued at $1,928,000 after buying an additional 10,565 shares during the last quarter. Pictet Asset Management Holding SA purchased a new stake in American Superconductor in the 1st quarter valued at about $251,000. Assenagon Asset Management S.A. increased its stake in American Superconductor by 110.1% in the 1st quarter. Assenagon Asset Management S.A. now owns 18,679 shares of the technology company’s stock valued at $632,000 after buying an additional 9,790 shares during the last quarter. Campbell Newman Asset Management Inc. grew its position in shares of American Superconductor by 1.9% during the 1st quarter. Campbell Newman Asset Management Inc. now owns 64,337 shares of the technology company’s stock valued at $2,178,000 after acquiring an additional 1,189 shares during the period. Finally, Diversified Trust Co grew its position in shares of American Superconductor by 13.2% during the 1st quarter. Diversified Trust Co now owns 13,936 shares of the technology company’s stock valued at $472,000 after acquiring an additional 1,625 shares during the period. Hedge funds and other institutional investors own 52.28% of the company’s stock.
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.
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