American Superconductor Corporation AMSC Stock Price & News

But the good news is, if China invades Taiwan, there is a way to protect yourself. The P/E ratio of American Superconductor is -3.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. In the past three months, American Superconductor insiders have not sold or bought any company stock.

American Superconductor Corp.’s P/E ratio is -3.40. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management.

The price-earnings ratio is a company’s share price to the company’s Earnings per Share. The ratio is used for evaluating companies and to find out whether they are overvalued or undervalued. The price-to-book ratio is a company’s current market price to its Book Value. Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. According to 2 analysts, the average rating for AMSC stock is “Strong Buy.” The 12-month stock price forecast is $12.5, which is an increase of 211.72% from the latest price. AMSC’s solutions power gigawatts of renewable energy globally and enhance the performance and reliability of power networks in more than a dozen countries.

Variations in electrical power wreak havoc on sensitive manufacturing procedures. AMSC offers modular, cost-effective solutions that offer instantaneous, facility-wide voltage swells of up to 60% nominal. AMSC’s Resilient Electric Grid applications with high temperature superconductor wire take up less space and transmit up to 10 times more power, allowing bulk transfer of transmission-level power at distribution voltages. Textron Systems is acting as prime contractor for an initial award of over $20 million, inclusive of the $8 million award to AMSC, from the U.S. Navy for the design, development, and integration of the next generation mine sweep system for use on board the Common Unmanned Surface Vessel platform. Designated as the Magnetic and Acoustic Generation Next Unmanned Superconducting Sweep , this program is supported by the Office of Naval Research as part of its Future Naval Capabilities portfolio to transition the U.S.

The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.

Is It Time to Sell AMSC? Shares are down today.

American Superconductor’s stock was trading at $3.68 on January 1st, 2023. Since then, AMSC shares have increased by 10.1% and is now trading at $4.05. The Board of Directors may at any time demand that a person acquiring or owning shares in the Company provide a statement confirming whether or not the acquirer or owner operates any vessels for hire. From power generation though transmission and distribution, AMSC’s Gridtec Solutions provides components and system-level solutions that seamlessly meet evolving network needs. Clean energy stocks are expected to see continued growth. Energy Information Administration, U.S. power generation from new renewables is expected to r…

There is no current Upright™ data available for AMSC. American Superconductor does not have a long track record of dividend growth. Measures how much net income or profit is generated as a percentage of revenue.

The following information provides contact information about our products and solutions, current job listings, and other important resources that are available to help you find answers to your questions. Acquire treasury shares in connection with incentive scheme for employees. Advisory vote on the report on salary and other remuneration to the executive management for 2022. Approval of the 2022 annual accounts of AMSC ASA, group consolidated accounts and the Board of Directors’ report.

American Superconductor Corp. 50-day moving average is $4.67. The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share . It can also be calculated by dividing the company’s Market Cap by the Net Profit.

American Superconductor (AMSC) Reports Q2 Loss, Tops Revenue Estimates

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. One share of AMSC stock can currently be purchased for approximately $4.05. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan’s own foreign minister is saying that China is on the cusp of a full scale invasion.

September has historically been the worst month for stocks. With the S&P 500 down 7.5% with one trading day to go, you could say September is living up to its reputation. American Superconductor delivered earnings and revenue surprises of -9.52% and 11.61%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the s… LOS ANGELES — Shares of American Superconductor Corp. dropped more than 45% in late trading Tuesday after the company warned about a shortfall in fourth-quarter and yearly results. 47.27% of the stock of American Superconductor is held by institutions.

The Company’s solutions are enhancing the performance and reliability of power networks, increasing the operational safety of navy fleets, and powering gigawatts of renewable energy globally. Founded in 1987, AMSC is headquartered near Boston, Massachusetts with operations in Asia, Australia, Europe and North America. American Superconductor Corp. engages in provision of megawatt-scale power solutions, which improve the performance of the power grid and lower the cost of wind power. The Grid segment enables electric utilities and renewable energy project developers to connect, transmit, and distribute power with efficiency, reliability, security, and affordability. The Wind segment permits the manufacturers to field wind turbines with power output, reliability, and affordability. The company was founded by Yet-Ming Chiang, David A. Rudman, John B. Vander Sande, and Gregory J. Yurek on April 9, 1987 and is headquartered in Ayer, MA.

Through its Gridtec Solutions, the company provides engineering planning services and grid systems that optimize network reliability, efficiency and performance. It generates maximum revenue from the Grid segment. 3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for American Superconductor in the last twelve months. The consensus among Wall Street research analysts is that investors should “buy” AMSC shares. View AMSC analyst ratings or view top-rated stocks.

What is American Superconductor Corp’s stock style?

It provides transmission https://1investing.in/, which identify power grid congestion, poor power quality, and other … American Superconductor Corporation share price live 4.02, this page displays NASDAQ AMSC stock exchange data. View the AMSC premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the American Superconductor Corporation real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the AMSC quote.

The Board of Directors of the Company shall consist of 3 to 9 Directors. The Chairman of the Board of Directors shall be elected by the General Meeting. Up to 3 alternate Directors may be elected by the shareholders yearly. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

U.S. futures point higher; gold hits record

Whatever key life hits, energy is there for us in tune. We help it to Never Stop Moving – so you don’t either. American Superconductor issued an update on its fourth quarter 2022 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of –$0.21 for the period, compared to the consensus EPS estimate of -$0.16. The company issued revenue guidance of $27.00 million-$30.00 million, compared to the consensus revenue estimate of $30.69 million. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares.

This segment’s design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. The company was incorporated in 1987 and is headquartered in Ayer, Massachusetts. AMSC generates the ideas, technologies and solutions that meet the world’s demand for smarter, cleaner …

Verify your identity, procurement clerk job description duties andalize the content you receive, or create and administer your account. AMSC does not currently have a forward dividend yield. Our Quantitative Research team models direct competitors or comparable companies from a bottom-up perspective to find companies describing their business in a similar fashion. You have already added five stocks to your watchlist.

American Superconductor reported Q3 EPS of ($0.34), $0.09 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $23.9 million versus the consensus estimate of… Navy and ONR have collaborated on AMSC’s HTS-based Ship Protection Systems including HTS Advanced Degaussing Systems, as well as the deployable HTS Magnetic Influence Mine Countermeasure Payload System.

3 Wall Street analysts have issued twelve-month price objectives for American Superconductor’s stock. Their AMSC share price forecasts range from $10.00 to $13.00. On average, they expect the company’s stock price to reach $11.50 in the next year. This suggests a possible upside of 184.0% from the stock’s current price.

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• AMSC offers modular, cost-effective solutions that offer instantaneous, facility-wide voltage swells of up to 60% nominal.

Through its Gridtec Solutions, AMSC provides the engineering planning services and advanced grid systems that optimize network reliability, efficiency and performance. Through its Marinetec Solutions, AMSC provides ship protection systems and is developing propulsion and power management solutions designed to help fleets increase system efficiencies, enhance power quality and boost operational safety. Through its Windtec Solutions, AMSC provides wind turbine electronic controls and systems, designs and engineering services that reduce the cost of wind energy.

Provided documents concerning items to be discussed at the General Meeting are made available at the Company’s website, the requirement of mailing the documents to the shareholders does not apply. This also applies for documents which, according to the law, shall be included in or attached to the notice of General Meeting. Despite this, each shareholder is entitled to request that the documents concerning items to be discussed at the General Meeting are mailed. Notice of the General Meeting shall be made by written notification to all shareholders with a known address.

Opening of the annual general meeting, including approval of the notice and agenda. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.