In the latest trading session, 0.44 million American Superconductor Corp (NASDAQ:AMSC) shares changed hands as the company’s beta touched 2.43. With the company’s most recent per share price at $24.39 changed hands at -$1.31 or -5.10% at last look, the market valuation stands at $962.43M. AMSC’s current price is a discount, trading about -55.88% off its 52-week high of $38.02. The share price had its 52-week low at $11.36, which suggests the last value was 53.42% up since then.
Analysts gave the American Superconductor Corp (AMSC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AMSC as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. American Superconductor Corp’s EPS for the current quarter is expected to be 0.1.
American Superconductor Corp (NASDAQ:AMSC) trade information
Instantly AMSC was in red as seen in intraday trades today. With action -21.73%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -0.97%, with the 5-day performance at -21.73% in the red. However, in the 30-day time frame, American Superconductor Corp (NASDAQ:AMSC) is -17.93% down.
The consensus price target for the stock as assigned by Wall Street analysts is 29, meaning bulls need an upside of 15.9% from its recent market value. According to analyst projections, AMSC’s forecast low is 29 with 29 as the target high. To hit the forecast high, the stock’s price needs a -18.9% plunge from its current level, while the stock would need to soar -18.9% for it to hit the projected low.
American Superconductor Corp (AMSC) estimates and forecasts
Year-over-year growth is forecast to reach 48.61% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 60.27M. 2 analysts are of the opinion that American Superconductor Corp’s revenue for the current quarter will be 60.65M. The company’s revenue for the corresponding quarters a year ago was 42.03M and 40.29M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 43.40%. The estimates for the next quarter sales put growth at 50.53%.
The 2025 estimates are for American Superconductor Corp earnings to increase by 2933.33%.
American Superconductor Corp (NASDAQ:AMSC)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.9965% or 2.09 million shares worth $48.81 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Roxbury/Hood River Small Cap Growth Fund. With 1.11 shares estimated at $26.86 million under it, the former controlled 2.82% of total outstanding shares. On the other hand, Roxbury/Hood River Small Cap Growth Fund held about 2.64% of the shares, roughly 1.04 shares worth around $25.19 million.
