After finishing at $13.04 in the prior trading day, American Superconductor Corp. (NASDAQ: AMSC) closed at $12.84, down -1.53%. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 593758 shares were traded.
Ratios:
Our goal is to gain a better understanding of AMSC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On November 06, 2020, Canaccord Genuity Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $16.
On January 24, 2020, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $13.Canaccord Genuity initiated its Buy rating on January 24, 2020, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 22 when McGahn Daniel P sold 36,902 shares for $5.95 per share. The transaction valued at 219,596 led to the insider holds 1,077,680 shares of the business.
Kosiba John W JR sold 29,878 shares of AMSC for $177,816 on Jun 22. The SVP, CFO & Treasurer now owns 377,136 shares after completing the transaction at $5.95 per share. On Jun 21, another insider, McGahn Daniel P, who serves as the Chairman, President and CEO of the company, sold 73,802 shares for $6.14 each. As a result, the insider received 453,351 and left with 1,114,582 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMSC now has a Market Capitalization of 463.99M and an Enterprise Value of 442.59M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.43 while its Price-to-Book (P/B) ratio in mrq is 5.03. Its current Enterprise Value per Revenue stands at 3.27 whereas that against EBITDA is -64.45.
Stock Price History:
Over the past 52 weeks, AMSC has reached a high of $17.37, while it has fallen to a 52-week low of $3.63. The 50-Day Moving Average of the stock is 11.42, while the 200-Day Moving Average is calculated to be 8.42.
Shares Statistics:
The stock has traded on average 1.04M shares per day over the past 3-months and 1.08M shares per day over the last 10 days, according to various share statistics. A total of 36.14M shares are outstanding, with a floating share count of 34.24M. Insiders hold about 5.25% of the company’s shares, while institutions hold 44.68% stake in the company. Shares short for AMSC as of Jan 31, 2024 were 2.08M with a Short Ratio of 2.01, compared to 1.44M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.78% and a Short% of Float of 7.20%.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $0 and a low estimate of -$0.04, while EPS last year was -$0.28. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.02 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.04 and -$0.09 for the fiscal current year, implying an average EPS of -$0.06. EPS for the following year is $0.04, with 3 analysts recommending between $0.11 and $0.
Revenue Estimates
3 analysts predict $37.13M in revenue for the current quarter. It ranges from a high estimate of $37.9M to a low estimate of $36.6M. As of the current estimate, American Superconductor Corp.’s year-ago sales were $31.74M, an estimated increase of 17.00% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $35.4M, an increase of 27.60% over than the figure of $17.00% in the same quarter last year. There is a high estimate of $36.4M for the next quarter, whereas the lowest estimate is $34.7M.
A total of 3 analysts have provided revenue estimates for AMSC’s current fiscal year. The highest revenue estimate was $141.5M, while the lowest revenue estimate was $140.2M, resulting in an average revenue estimate of $140.73M. In the same quarter a year ago, actual revenue was $105.98M, up 32.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $152.73M in the next fiscal year. The high estimate is $157.4M and the low estimate is $150.3M. The average revenue growth estimate for next year is up 8.50% from the average revenue estimate for this year.
