American Superconductor (NASDAQ:AMSC) Stock Price Down 6.3% – Here’s What Happened

Shares of American Superconductor Corporation (NASDAQ:AMSC) dropped 6.3% on Wednesday . The company traded as low as $34.55 and last traded at $34.3560. Approximately 1,148,974 shares changed hands during mid-day trading, a decline of 5% from the average daily volume of 1,211,667 shares. The stock had previously closed at $36.66.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Wall Street Zen downgraded shares of American Superconductor from a “buy” rating to a “hold” rating in a research report on Saturday, January 17th. Oppenheimer reiterated an “outperform” rating on shares of American Superconductor in a report on Thursday, November 6th. Weiss Ratings restated a “hold (c-)” rating on shares of American Superconductor in a research note on Monday, December 29th. Finally, Zacks Research raised American Superconductor from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

American Superconductor Stock Down 5.1%

The stock has a 50-day moving average of $31.18 and a 200 day moving average of $43.45. The company has a quick ratio of 1.80, a current ratio of 2.66 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $1.66 billion, a PE ratio of 11.87 and a beta of 2.98.

American Superconductor (NASDAQ:AMSC) last announced its quarterly earnings data on Wednesday, February 4th. The technology company reported $2.75 EPS for the quarter, topping the consensus estimate of $0.15 by $2.60. The business had revenue of $74.53 million for the quarter, compared to analyst estimates of $69.03 million. American Superconductor had a net margin of 46.70% and a return on equity of 37.97%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.16 earnings per share. American Superconductor has set its Q4 2025 guidance at 0.170- EPS. Sell-side analysts anticipate that American Superconductor Corporation will post 0.41 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AMSC. Campbell Newman Asset Management Inc. raised its holdings in American Superconductor by 0.5% during the 3rd quarter. Campbell Newman Asset Management Inc. now owns 65,365 shares of the technology company’s stock valued at $3,882,000 after acquiring an additional 354 shares during the period. Arizona State Retirement System raised its stake in shares of American Superconductor by 3.6% during the 3rd quarter. Arizona State Retirement System now owns 12,883 shares of the technology company’s stock valued at $765,000 after purchasing an additional 442 shares during the period. Stephens Inc. AR raised its stake in shares of American Superconductor by 6.3% during the 3rd quarter. Stephens Inc. AR now owns 8,500 shares of the technology company’s stock valued at $505,000 after purchasing an additional 500 shares during the period. PNC Financial Services Group Inc. lifted its holdings in American Superconductor by 13.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,542 shares of the technology company’s stock worth $270,000 after purchasing an additional 542 shares in the last quarter. Finally, Ameritas Investment Partners Inc. boosted its stake in American Superconductor by 16.6% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,900 shares of the technology company’s stock worth $143,000 after purchasing an additional 555 shares during the period. 52.28% of the stock is owned by institutional investors.

About American Superconductor

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.