Market Insight: American Superconductor Corp. (AMSC)’s Notable Drop, Closing at 23.35

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, American Superconductor Corp. (NASDAQ: AMSC) closed at $23.35 down -2.83% from its previous closing price of $24.03. In other words, the price has decreased by -$2.83 from its previous closing price. On the day, 1.19 million shares were traded. AMSC stock price reached its highest trading level at $24.79 during the session, while it also had its lowest trading level at $23.23.

Ratios:

For a deeper understanding of American Superconductor Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 131.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.48 and its Current Ratio is at 2.01. 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:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 11 ’24 when McGahn Daniel P sold 37,165 shares for $21.69 per share. The transaction valued at 806,046 led to the insider holds 1,019,956 shares of the business.

Kosiba John W JR sold 32,000 shares of AMSC for $693,750 on Jun 11 ’24. The SVP, CFO & Treasurer now owns 316,136 shares after completing the transaction at $21.68 per share. On May 21 ’24, another insider, Kosiba John W JR, who serves as the SVP, CFO & Treasurer of the company, sold 29,000 shares for $14.82 each. As a result, the insider received 429,814 and left with 348,136 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 894206976 and an Enterprise Value of 804980992. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.74 while its Price-to-Book (P/B) ratio in mrq is 6.09. Its current Enterprise Value per Revenue stands at 5.171 whereas that against EBITDA is 318.3.

Stock Price History:

Over the past 52 weeks, AMSC has reached a high of $32.70, while it has fallen to a 52-week low of $5.78. The 50-Day Moving Average of the stock is 5.04%, while the 200-Day Moving Average is calculated to be 39.27%.

Shares Statistics:

For the past three months, AMSC has traded an average of 1.16M shares per day and 1455190 over the past ten days. A total of 36.95M shares are outstanding, with a floating share count of 36.78M. Insiders hold about 3.96% of the company’s shares, while institutions hold 69.84% stake in the company. Shares short for AMSC as of 1724976000 were 2564589 with a Short Ratio of 2.28, compared to 1722384000 on 2697305. Therefore, it implies a Short% of Shares Outstanding of 2564589 and a Short% of Float of 6.99.

Earnings Estimates

Current recommendations for the stock of the company come from 3.0 analysts. The consensus estimate for the next quarter is $0.07, with high estimates of $0.1 and low estimates of $0.05.

Analysts are recommending an EPS of between $0.37 and $0.24 for the fiscal current year, implying an average EPS of $0.29. EPS for the following year is $0.49, with 3.0 analysts recommending between $0.61 and $0.36.

Revenue Estimates

For the next quarter, 3 analysts are estimating revenue of $56.03M. There is a high estimate of $57.5M for the next quarter, whereas the lowest estimate is $55M.

A total of 3 analysts have provided revenue estimates for AMSC’s current fiscal year. The highest revenue estimate was $209.1M, while the lowest revenue estimate was $203.3M, resulting in an average revenue estimate of $206.23M. In the same quarter a year ago, actual revenue was $145.64MBased on 3 analysts’ estimates, the company’s revenue will be $247.13M in the next fiscal year. The high estimate is $253.5M and the low estimate is $242.7M.

Most Popular