Workflow
American Superconductor (AMSC)
icon
Search documents
Are Computer and Technology Stocks Lagging American Superconductor (AMSC) This Year?
Zacks Investment Research· 2024-03-18 14:45
Group 1 - American Superconductor (AMSC) is currently ranked 7 in the Zacks Sector Rank within the Computer and Technology group, which consists of 622 companies [1] - AMSC has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook based on earnings estimates and revisions [2] - Over the past 90 days, the Zacks Consensus Estimate for AMSC's full-year earnings has increased by 35.1%, reflecting stronger analyst sentiment [2] Group 2 - AMSC has achieved a year-to-date return of 26.1%, significantly outperforming the average gain of 10.1% in the Computer and Technology sector [2] - AMSC belongs to the Electronics - Miscellaneous Components industry, which includes 32 stocks and is currently ranked 168 in the Zacks Industry Rank [3] - The Electronics - Miscellaneous Components industry has an average year-to-date gain of 0.6%, indicating AMSC's superior performance [3] Group 3 - Airbnb, Inc. (ABNB) is another notable stock in the Computer and Technology sector, with a year-to-date return of 18% [2] - ABNB has a Zacks Rank of 2 (Buy), with a consensus EPS estimate increase of 5% over the past three months [3] - ABNB belongs to the Internet - Content industry, which has a current rank of 76 and has gained 11.7% so far this year [3]
3 Stocks to Watch as the Green Revolution Takes Hold: ARRY, AMSC, ENPH
InvestorPlace· 2024-03-17 10:24
In 2024, the US economy is demonstrating remarkable strength and resilience. With a robust labor market and signs of sustained consumer spending, economists are increasingly optimistic about economic growth. Despite challenges such as inflation concerns and shifting U.S. Federal Reserve policies, the market remains buoyant, reflecting confidence in the economy’s ability to navigate these changes and continue on a positive trajectory.Renewable energy stocks enjoy an established presence in the market but are ...
American Superconductor (AMSC) Is a Great Choice for 'Trend' Investors, Here's Why
Zacks Investment Research· 2024-03-11 13:51
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting American Superconductor (AMSC) as a strong candidate for trend investing due to its recent price performance and positive fundamentals [1][2]. Group 1: Price Performance - AMSC has experienced a significant price increase of 34.2% over the past 12 weeks, indicating strong investor interest [2]. - The stock has also seen a price increase of 32.3% over the last four weeks, suggesting that the upward trend is still intact [2]. - Currently, AMSC is trading at 82.5% of its 52-week high-low range, indicating potential for a breakout [2]. Group 2: Fundamental Strength - AMSC holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging an annual return of +25% since 1988 [3]. - The Average Broker Recommendation for AMSC is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Additional Insights - The article suggests that AMSC is not the only stock that meets the criteria for recent price strength, encouraging investors to explore other options [4]. - It highlights the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can assist in identifying potential winning stocks [4].
American Superconductor (AMSC) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-02-12 18:01
Core Viewpoint - American Superconductor (AMSC) is currently rated as a 1 (Strong Buy) stock with a Momentum Style Score of B, indicating strong potential for short-term price increases [2][6]. Company Performance - AMSC shares have increased by 1.25% over the past week, outperforming the Zacks Electronics - Miscellaneous Components industry, which rose by 0.98% during the same period [3]. - Over the past month, AMSC's stock price has risen by 11.87%, significantly higher than the industry's 2.52% performance [3]. - In the last quarter, AMSC shares have risen by 22.14%, and over the past year, they have surged by 97.73%, while the S&P 500 has only increased by 16% and 24.81%, respectively [4]. Trading Volume - AMSC's average 20-day trading volume is 1,873,725 shares, which serves as a bullish indicator when combined with rising stock prices [4]. Earnings Estimates - In the past two months, two earnings estimates for AMSC have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from -$0.18 to -$0.08 [5]. - For the next fiscal year, two estimates have also moved upwards with no downward revisions during the same period [5].
New Strong Buy Stocks for February 12th
Zacks Investment Research· 2024-02-12 12:26
Group 1 - Madison Square Garden Entertainment Corp. (MSGE) has seen a 7.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The AZEK Company Inc. (AZEK) has experienced a 15.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Xerox Holdings Corporation (XRX) has reported a 16.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - American Superconductor Corporation (AMSC) has seen a significant 55.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Sensus Healthcare, Inc. (SRTS) has experienced a 14.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]
Best Momentum Stocks to Buy for February 7th
Zacks Investment Research· 2024-02-07 16:00
Group 1: Meta Platforms, Inc. (META) - Meta Platforms has a Zacks Rank of 1 and its current year earnings estimate increased by 9% over the last 60 days [1] - The company's shares rose by 42.2% over the last three months, outperforming the S&P 500's 12.5% increase [1] - Meta possesses a Momentum Score of A [1] Group 2: American Superconductor Corporation (AMSC) - American Superconductor has a Zacks Rank of 1 and its current year earnings estimate increased by 55.6% over the last 60 days [1] - The company's shares gained 30.3% over the last three months, also outperforming the S&P 500's 12.5% increase [1] - American Superconductor possesses a Momentum Score of A [1] Group 3: The Clorox Company (CLX) - The Clorox Company has a Zacks Rank of 1 and its current year earnings estimate increased by 14.9% over the last 60 days [2] - The company's shares increased by 17.3% over the last three months, compared to the S&P 500's 12.5% advance [2] - Clorox possesses a Momentum Score of B [2]
Wall Street Analysts Think American Superconductor (AMSC) Could Surge 25.87%: Read This Before Placing a Bet
Zacks Investment Research· 2024-02-07 15:56
American Superconductor (AMSC) closed the last trading session at $10.59, gaining 3.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $13.33 indicates a 25.9% upside potential.The average comprises three short-term price targets ranging from a low of $9 to a high of $16, with a standard deviation of $3.79. While the lowest estimate indicates a decline of 15% from the current price ...
New Strong Buy Stocks for February 7th
Zacks Investment Research· 2024-02-07 12:26
Group 1 - American Superconductor Corporation (AMSC) has seen a 55.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Meta Platforms, Inc. (META) has experienced a 9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - The Clorox Company (CLX) has recorded a 14.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - ImmunoPrecise Antibodies Ltd. (IPA) has seen an 8.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Kemper Corporation (KMPR) has experienced a 14.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]
AMSC Prices Upsized $60 Million Public Offering of Common Stock
Newsfilter· 2024-01-31 13:45
Core Viewpoint - American Superconductor Corporation (AMSC) has announced a public offering of 5,400,000 shares of its common stock priced at $11.25 per share, expecting gross proceeds of $60,750,000 before expenses [1] Group 1: Offering Details - The offering consists of 5,400,000 shares priced at $11.25 each, with expected gross proceeds of $60,750,000 [1] - AMSC plans to use the net proceeds for working capital and general corporate purposes [1] - Underwriters have a 30-day option to purchase up to 810,000 additional shares [1] - The offering is expected to close around February 2, 2024, subject to customary conditions [1] Group 2: Underwriters and Regulatory Filings - Oppenheimer & Co. Inc. is the sole book-running manager for the offering, with Craig-Hallum Capital Group LLC and Roth Capital Partners, LLC as co-managers [2] - A shelf registration statement for the shares has been filed with the SEC and is effective [2] - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC, with a final prospectus supplement to follow [3]
AMSC Announces Proposed Public Offering of Common Stock
Newsfilter· 2024-01-30 21:01
Core Viewpoint - American Superconductor Corporation (AMSC) announced its intention to offer and sell shares of its common stock in an underwritten public offering, with the net proceeds intended for working capital and general corporate purposes [1] Group 1: Offering Details - AMSC plans to grant underwriters a 30-day option to purchase additional shares in the public offering [1] - Oppenheimer & Co. Inc. is acting as the sole book-running manager for the offering [2] - A shelf registration statement for the shares has been filed with the Securities and Exchange Commission (SEC) and is effective [2] Group 2: Prospectus Information - A preliminary prospectus supplement and accompanying prospectus will be filed with the SEC to describe the terms of the proposed offering [3] - The securities will be offered only by means of a prospectus, including a prospectus supplement, forming part of the effective registration statement [3] - Copies of the preliminary prospectus supplement and accompanying prospectus can be obtained from Oppenheimer & Co. Inc. [3]