American Superconductor (NASDAQ:AMSC) Shares Gap Down – What’s Next?

American Superconductor Corporation (NASDAQ:AMSC) shares gapped down prior to trading on Thursday . The stock had previously closed at $52.68, but opened at $50.00. American Superconductor shares last traded at $46.4550, with a volume of 575,359 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on AMSC. Zacks Research cut American Superconductor from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Weiss Ratings raised American Superconductor from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.

American Superconductor Stock Performance

The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 16.46 and a beta of 3.28. The company has a fifty day moving average of $42.78 and a two-hundred day moving average of $35.56. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.80 and a current ratio of 2.66.

American Superconductor (NASDAQ:AMSC) last released its quarterly earnings results on Wednesday, May 27th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.11. The business had revenue of $86.41 million during the quarter, compared to analysts’ expectations of $82.10 million. American Superconductor had a return on equity of 37.97% and a net margin of 46.70%.The firm’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same period last year, the firm posted $0.12 EPS. American Superconductor has set its Q1 2026 guidance at 0.170- EPS. As a group, equities research analysts predict that American Superconductor Corporation will post 3.09 earnings per share for the current fiscal year.

Institutional Trading of American Superconductor

Several hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in American Superconductor by 26.5% during the 1st quarter. Bank of America Corp DE now owns 209,451 shares of the technology company’s stock worth $7,090,000 after purchasing an additional 43,883 shares during the last quarter. Amundi lifted its holdings in American Superconductor by 25.6% during the 1st quarter. Amundi now owns 58,169 shares of the technology company’s stock worth $1,969,000 after purchasing an additional 11,853 shares during the last quarter. California State Teachers Retirement System increased its stake in American Superconductor by 12.0% during the 1st quarter. California State Teachers Retirement System now owns 57,016 shares of the technology company’s stock worth $1,930,000 after acquiring an additional 6,105 shares during the period. ROI Financial Advisors LLC increased its stake in American Superconductor by 5.9% during the 1st quarter. ROI Financial Advisors LLC now owns 10,731 shares of the technology company’s stock worth $363,000 after acquiring an additional 598 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in American Superconductor by 2.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 20,828 shares of the technology company’s stock worth $705,000 after acquiring an additional 404 shares during the period. 52.28% of the stock is owned by institutional investors and hedge funds.

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.