American Superconductor (NASDAQ:AMSC) Cut to “Hold” at Zacks Research

Zacks Research lowered shares of American Superconductor (NASDAQ:AMSC) from a strong-buy rating to a hold rating in a research note released on Thursday,Zacks.com reports.

Several other equities analysts also recently weighed in on AMSC. Oppenheimer reissued an “outperform” rating on shares of American Superconductor in a research report on Thursday, November 6th. Wall Street Zen cut shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

American Superconductor Trading Down 10.2%

Shares of AMSC opened at $27.70 on Thursday. American Superconductor has a fifty-two week low of $13.98 and a fifty-two week high of $70.49. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66. The company’s fifty day moving average is $31.55 and its 200 day moving average is $41.64. The stock has a market capitalization of $1.32 billion, a PE ratio of 9.45 and a beta of 2.98.

American Superconductor (NASDAQ:AMSC) last issued its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $2.60. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The business had revenue of $74.53 million during the quarter, compared to analysts’ expectations of $69.03 million. During the same period last year, the company posted $0.16 EPS. The business’s revenue was up 21.4% on a year-over-year basis. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Sell-side analysts expect that American Superconductor will post 0.41 earnings per share for the current fiscal year.

Institutional Trading of American Superconductor

A number of hedge funds have recently added to or reduced their stakes in AMSC. Vanguard Group Inc. increased its position in American Superconductor by 19.6% during the 4th quarter. Vanguard Group Inc. now owns 3,526,632 shares of the technology company’s stock valued at $101,496,000 after purchasing an additional 576,831 shares during the period. Baillie Gifford & Co. increased its holdings in American Superconductor by 5.6% during the fourth quarter. Baillie Gifford & Co. now owns 1,506,841 shares of the technology company’s stock valued at $43,367,000 after buying an additional 79,509 shares during the period. State Street Corp lifted its holdings in American Superconductor by 4.9% during the fourth quarter. State Street Corp now owns 1,192,093 shares of the technology company’s stock worth $34,308,000 after buying an additional 56,215 shares during the period. Atreides Management LP increased its holdings in shares of American Superconductor by 34.0% in the 2nd quarter. Atreides Management LP now owns 1,104,458 shares of the technology company’s stock valued at $40,523,000 after acquiring an additional 280,418 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of American Superconductor by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,090,710 shares of the technology company’s stock valued at $31,396,000 after acquiring an additional 20,855 shares during the period. 52.28% of the stock is owned by hedge funds and other institutional investors.

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.