American Superconductor Corp (NASDAQ:AMSC) has a beta value of 2.57 and has seen 1.44 million shares traded in the last trading session. The company, currently valued at $759.60M, closed the last trade at $19.25 per share which meant it gained $0.08 on the day or 0.42% during that session. The AMSC stock price is -97.51% off its 52-week high price of $38.02 and 40.99% above the 52-week low of $11.36.
The consensus among analysts is that American Superconductor Corp (AMSC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.1.
American Superconductor Corp (NASDAQ:AMSC) trade information
Sporting 0.42% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AMSC stock price touched $19.25 or saw a rise of 16.34%. Year-to-date, American Superconductor Corp shares have moved -21.84%, while the 5-day performance has seen it change -15.24%. Over the past 30 days, the shares of American Superconductor Corp (NASDAQ:AMSC) have changed -24.57%.
Wall Street analysts have a consensus price target for the stock at $29, which means that the shares’ value could jump 33.62% from current levels. The projected low price target is $29.0 while the price target rests at a high of $29.0. In that case, then, we find that the current price level is -50.65% off the targeted high while a plunge would see the stock gain -50.65% from current levels.
American Superconductor Corp (AMSC) estimates and forecasts
The company’s shares have gained 2.78% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 48.61%.
3 analysts offering their estimates for the company have set an average revenue estimate of 60.27M for the current quarter. 2 have an estimated revenue figure of 60.65M for the next ending quarter. Year-ago sales stood 42.03M and 40.29M respectively for this quarter and the next, and analysts expect sales will grow by 43.40% for the current quarter and 48.61% for the next.
AMSC Dividends
American Superconductor Corp is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
American Superconductor Corp (NASDAQ:AMSC)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 2.54 million shares worth more than $59.5 million. As of 2024-06-30, BLACKROCK INC. held 8.5298% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 2.09 million shares as of 2024-06-30. The firm’s total holdings are worth over $48.81 million and represent 6.9965% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . As of Sep 30, 2024 , the former fund manager holds about 2.82% shares in the company for having 1.11 shares of worth $21.41 million while later fund manager owns 946.02 shares of worth $18.21 million as of Dec 31, 2024 , which makes it owner of about 2.40% of company’s outstanding stock.
