Media coverage about American Superconductor Corporation (NASDAQ:AMSC) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Superconductor Corporation earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 47.8490800372649 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern’s scoring:
- -$0.32 Earnings Per Share Expected for American Superconductor Corporation (AMSC) This Quarter (americanbankingnews.com)
- Financial Contrast: American Superconductor Corporation (AMSC) and Emerson Electric (EMR) (americanbankingnews.com)
- EARNINGS SUMMARY: Details of American Superconductor Corporation Q2 Earnings Report (rttnews.com)
- BRIEF-American Superconductor Corp reports net loss for Q2 of fiscal 2017 was $0.38 per share (reuters.com)
- Edited Transcript of AMSC earnings conference call or presentation 8-Nov-17 3:00pm GMT (finance.yahoo.com)
Several equities analysts have recently weighed in on the stock. Cowen and Company reaffirmed a “buy” rating and set a $6.00 target price (down from $7.50) on shares of American Superconductor Corporation in a report on Wednesday, August 9th. Zacks Investment Research raised shares of American Superconductor Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Finally, FBR & Co reaffirmed a “hold” rating and set a $6.00 target price on shares of American Superconductor Corporation in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company. American Superconductor Corporation presently has an average rating of “Buy” and an average target price of $7.04.
American Superconductor Corporation (NASDAQ:AMSC) last announced its earnings results on Tuesday, November 7th. The technology company reported ($0.44) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.69) by $0.25. American Superconductor Corporation had a negative net margin of 50.90% and a negative return on equity of 58.10%. The company had revenue of $11.05 million for the quarter, compared to analysts’ expectations of $10.93 million. During the same quarter in the previous year, the company posted ($0.60) EPS. The firm’s quarterly revenue was down 40.3% on a year-over-year basis. equities analysts anticipate that American Superconductor Corporation will post -2.37 earnings per share for the current fiscal year.
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American Superconductor Corporation Company Profile
American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions. The Company operates through two segments: Wind and Grid. Through the Company’s Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines. Through the Company’s Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power.
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