Wall Street analysts predict that American Superconductor Co. (NASDAQ:AMSC – Get Rating) will post earnings per share of ($0.16) for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for American Superconductor’s earnings. The highest EPS estimate is ($0.14) and the lowest is ($0.17). American Superconductor posted earnings of ($0.21) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 23.8%. The firm is expected to announce its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that American Superconductor will report full year earnings of ($0.61) per share for the current financial year, with EPS estimates ranging from ($0.62) to ($0.60). For the next fiscal year, analysts expect that the business will report earnings of ($0.41) per share, with EPS estimates ranging from ($0.57) to ($0.25). Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover American Superconductor.
A number of brokerages have issued reports on AMSC. Zacks Investment Research lowered American Superconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, March 30th. StockNews.com began coverage on American Superconductor in a research report on Thursday, March 31st. They set a “sell” rating for the company.
AMSC stock traded up $0.10 during trading on Thursday, reaching $5.27. The company’s stock had a trading volume of 146,598 shares, compared to its average volume of 264,730. American Superconductor has a 1 year low of $4.45 and a 1 year high of $19.43. The company has a market capitalization of $149.97 million, a P/E ratio of -6.51 and a beta of 1.37. The company’s fifty day moving average is $6.79 and its 200-day moving average is $9.41.
American Superconductor Company Profile (Get Rating)
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand; and engineering planning services.
- Get a free copy of the StockNews.com research report on American Superconductor (AMSC)
- The Institutional Tide Has Turned For Cisco Systems
- Don’t Bet On Cheaper Oil, Not Yet Anway
- Can Nvidia Bounce Back
- A Reversal In The S&P 500 Is Confirmed
- MarketBeat Podcast: Options Trading As Easy As Trading Stocks
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for American Superconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Superconductor and related companies with MarketBeat.com's FREE daily email newsletter.