FY2027 Earnings Estimate for AMSC Issued By Roth Capital

American Superconductor Co. (NASDAQ:AMSC) – Roth Capital issued their FY2027 earnings estimates for American Superconductor in a report issued on Tuesday, January 28th. Roth Capital analyst J. Clare forecasts that the technology company will earn $0.69 per share for the year. The consensus estimate for American Superconductor’s current full-year earnings is $0.37 per share.

Separately, Oppenheimer raised their target price on shares of American Superconductor from $29.00 to $33.00 and gave the company an “outperform” rating in a report on Tuesday.

American Superconductor Stock Performance

Shares of AMSC opened at $26.10 on Wednesday. The stock has a market capitalization of $1.03 billion, a PE ratio of -521.90 and a beta of 2.28. American Superconductor has a 1 year low of $10.19 and a 1 year high of $38.02. The company’s 50-day simple moving average is $28.50 and its 200-day simple moving average is $25.55.

Institutional Trading of American Superconductor

Hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank purchased a new position in American Superconductor in the second quarter valued at approximately $28,000. CWM LLC purchased a new position in American Superconductor in the third quarter valued at approximately $57,000. Quest Partners LLC purchased a new position in American Superconductor in the third quarter valued at approximately $88,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in American Superconductor in the third quarter valued at approximately $277,000. Finally, Heck Capital Advisors LLC purchased a new position in American Superconductor in the fourth quarter valued at approximately $279,000. Institutional investors and hedge funds own 52.28% of the company’s stock.

About American Superconductor

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. 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.