American Superconductor Corporation (AMSC) Earning Somewhat Positive Media Coverage, Study Shows
Media stories about American Superconductor Corporation (NASDAQ:AMSC) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. American Superconductor Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 46.0222209425165 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- American Superconductor Corporation (AMSC) Expected to Post Quarterly Sales of $10.40 Million (americanbankingnews.com)
- Comparing American Superconductor Corporation (AMSC) and Spectrum Brands Holdings (SPB) (americanbankingnews.com)
- ETFs with exposure to American Superconductor Corp. : September 15, 2017 (finance.yahoo.com)
- Head-To-Head Contrast: American Superconductor Corporation (AMSC) vs. Its Competitors (americanbankingnews.com)
- Trading summary of Watch List stock – American Superconductor Corporation (AMSC) – Wall Street Morning (wallstreetmorning.com)
American Superconductor Corporation (NASDAQ AMSC) traded down 4.60% during midday trading on Tuesday, reaching $4.36. The company had a trading volume of 87,105 shares. The company’s 50 day moving average is $3.66 and its 200-day moving average is $4.78. American Superconductor Corporation has a 52-week low of $2.89 and a 52-week high of $8.55. The company’s market capitalization is $83.69 million.
American Superconductor Corporation (NASDAQ:AMSC) last posted its quarterly earnings data on Tuesday, August 8th. The technology company reported ($0.97) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.06) by $0.09. American Superconductor Corporation had a negative net margin of 45.60% and a negative return on equity of 54.39%. The business had revenue of $8.92 million for the quarter, compared to analyst estimates of $8.46 million. During the same quarter last year, the business earned ($0.64) earnings per share. The business’s revenue for the quarter was down 33.2% on a year-over-year basis. Equities analysts expect that American Superconductor Corporation will post ($2.25) earnings per share for the current fiscal year.
AMSC has been the topic of several research analyst reports. FBR & Co lowered American Superconductor Corporation from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $9.00 to $6.00 in a research note on Friday, July 21st. Roth Capital set a $10.00 price target on American Superconductor Corporation and gave the stock a “buy” rating in a research note on Friday, May 26th. Zacks Investment Research lowered American Superconductor Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. HC Wainwright reissued a “buy” rating and set a $7.00 price target on shares of American Superconductor Corporation in a research note on Monday, May 29th. Finally, Cowen and Company reissued a “buy” rating and set a $6.00 price target (down previously from $7.50) on shares of American Superconductor Corporation in a research note on Wednesday, August 9th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $7.43.
American Superconductor Corporation Company Profile
American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions. The Company operates through two segments: Wind and Grid. Through the Company’s Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines. Through the Company’s Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power.
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