As of close of business last night, American Superconductor Corp.’s stock clocked out at $13.45, up 4.26% from its previous closing price of $12.90. In other words, the price has increased by $+0.55 from its previous closing price. On the day, 594083 shares were traded.
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Ratios:
To gain a deeper understanding of AMSC’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 22 ’23 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 ’23. The SVP, CFO & Treasurer now owns 377,136 shares after completing the transaction at $5.95 per share. On Jun 21 ’23, 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 486.40M and an Enterprise Value of 465.00M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.59 while its Price-to-Book (P/B) ratio in mrq is 5.27. Its current Enterprise Value per Revenue stands at 3.44 whereas that against EBITDA is -67.71.
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 12.74, while the 200-Day Moving Average is calculated to be 9.43.
Shares Statistics:
It appears that AMSC traded 1.07M shares on average per day over the past three months and 549.17k shares per day over the past ten days. A total of 36.14M shares are outstanding, with a floating share count of 34.52M. Insiders hold about 4.47% of the company’s shares, while institutions hold 44.58% stake in the company. Shares short for AMSC as of Feb 29, 2024 were 1.78M with a Short Ratio of 1.88, compared to 2.08M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.93% and a Short% of Float of 5.19%.
Earnings Estimates
As of right now, 3 analysts gave their recommendation on the stock of the company. 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
In the current quarter, 3 analysts expect revenue to total $37.13M. 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.
