American Superconductor Corp (NASDAQ:AMSC) currently has a daily average trading volume of 698.83K but it saw 1116366 shares traded in last market. With a market cap of 1.10B USD, the company’s current market price of $27.89 came rising about 1.86 while comparing to the previous closing price of $27.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.02 and as low as $13.98.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the ROTH Capital which resumed the stock as “Buy” in its note to investors issued on June 03, 2022, recommending a price target of between $23 and $10 for it. Canaccord Genuity downgraded its recommendation for the stock as a “Hold” from “Buy” on November 06, 2020 while assigning a price target of $16. Canaccord Genuity issued its recommendations for the stock as it initiated the price target for the stock is $13.
Over the week, AMSC’s stock price is moving 13.01% up while it is 38.69% when we observe its performance for the past one month. Year-to-date it is 13.24% up and over the past year, the stock is showing an upside performance of 84.58%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0.13 while estimate for next year EPS is 0.58. In next quarter, company is expected to be making quarterly sales of $63.67M as analysts are expecting the sales for current fiscal year at $262.7M and seeing the company making $296.13M in sales next year. Moreover, analysts are in estimates of $64.97M for current-quarter revenue.
Currently, American Superconductor Corp’s total number of outstanding shares is 39.48M with 5.28% of that held by the insiders while 71.22% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.02% and return on equity (ROE) at 3.53%. It has a price to earnings ratio (P/E ratio) of 180.05 while having a 31.94 of forward P/E ratio. Stock’s beta reads 2.87. Stock has a price to book (P/B) ratio of 5.59 while price to sale or P/S ratio amounts to 4.94. Its return on asset (ROA) is 2.22% on average.
