American Superconductor Corp [NASDAQ: AMSC] gained 29.38% or 12.91 points to close at $56.85 with a heavy trading volume of 5309110 shares.
It opened the trading session at $47.8, the shares rose to $57.855 and dropped to $47.725, the range by which the price of stock traded the whole day. The daily chart for AMSC points out that the company has recorded 117.82% gains over the past six months.
If we look at the average trading volume of 1.08M shares, AMSC reached to a volume of 5309110 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about American Superconductor Corp [AMSC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMSC shares is $41.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMSC stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH Capital have made an estimate for American Superconductor Corp shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 03, 2022. The new note on the price target was released on November 06, 2020, representing the official price target for American Superconductor Corp stock. Previously, the target price had yet another raise to $13, while Canaccord Genuity analysts kept a Buy rating on AMSC stock. On July 06, 2018, analysts increased their price target for AMSC shares from 6 to 7.
The Price to Book ratio for the last quarter was 7.71, with the Price to Cash per share for the same quarter was set at 4.80. Price to Free Cash Flow for AMSC in the course of the last twelve months was 95.25 with Quick ratio for the last quarter at 2.63.
Trading performance analysis for AMSC stock
American Superconductor Corp [AMSC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 32.18. With this latest performance, AMSC shares gained by 58.00% in over the last four-week period, additionally plugging by 117.82% over the last 6 months – not to mention a rise of 130.82% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMSC stock in for the last two-week period is set at 88.77, with the RSI for the last a single of trading hit 3.15, and the three-weeks RSI is set at 2.46 for American Superconductor Corp [AMSC]. The present Moving Average for the last 50 days of trading for this stock 35.42, while it was recorded at 46.25 for the last single week of trading, and 27.63 for the last 200 days.
American Superconductor Corp [AMSC]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and American Superconductor Corp [AMSC] shares currently have an operating margin of 4.60% and a Gross Margin at 28.43%. American Superconductor Corp’s Net Margin is presently recorded at 6.00%.
American Superconductor Corp (AMSC) Capital Structure & Debt Analysis
According to recent financial data for American Superconductor Corp. ( AMSC), the Return on Equity (ROE) stands at 6.41%, suggesting modest shareholder returns. The Return on Assets (ROA) is 4.41%, reflecting the company’s efficiency in generating profits from its assets. Additionally, American Superconductor Corp’s Return on Invested Capital (ROIC) is 4.55%, showcasing its effectiveness in deploying capital for earnings.
American Superconductor Corp (AMSC) Efficiency & Liquidity Metrics
Based on American Superconductor Corp’s (AMSC) latest financial statements, the Debt-to-Equity Ratio is 0.01%, indicating its reliance on debt financing relative to shareholder equity.
American Superconductor Corp (AMSC) Efficiency & Liquidity Metrics
From an operational efficiency perspective, American Superconductor Corp. (AMSC) effectively leverages its workforce, generating an average of $26854.13 per employee. The company’s liquidity position is robust, with a Current Ratio of 3.31% and a Quick Ratio of 2.63%, indicating strong ability to cover short-term liabilities.
American Superconductor Corp [AMSC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMSC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Superconductor Corp go to 13.87%.
An analysis of Institutional ownership at American Superconductor Corp [AMSC]
There are presently around $64.27%, or 67.17%% of AMSC stock, in the hands of institutional investors. The top three institutional holders of AMSC stocks are: BLACKROCK INC. with ownership of 2.54 million shares, which is approximately 7.1309%. BAILLIE GIFFORD & CO, holding 2.21 million shares of the stock with an approximate value of $$51.79 million in AMSC stocks shares; and BAILLIE GIFFORD & CO, currently with $$50.38 million in AMSC stock with ownership which is approximately 6.0373%.
