Last week, Wall Street cheered the Fed’s decision to reduce the benchmark lending rate by 50 basis points. The latest “dot-plot” of the central bank has indicated another 50 basis-point interest rate cut this year. In addition, with the fundamentals of the U.S. economy remaining rock solid, fears of an imminent recession have evaporated.A low-interest rate regime is likely to benefit small businesses the most. Consequently, investment in this space should be fruitful in the short-to-near term. We have narro ...

The Zacks Electronics - Miscellaneous Components industry is benefiting from the ongoing automation drive, and increased spending by manufacturers of semiconductors, automobiles, machinery and mobile phones. Notably, industry players like Fabrinet (FN) , Novanta (NOVT) , OSI Systems (OSIS) and American Superconductor (AMSC) are well-poised to benefit from the solid adoption of AI and the democratization of IoT techniques, which are transforming robotics, industrial automation, transportation systems, retail ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. American Superconductor (AMSC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.American Superconductor is a member of our Computer and Technology group, which includes 617 different companies an ...

AYER, Mass., Sept. 10, 2024 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy’s fleet, today announced updated financial guidance for its second fiscal quarter ending September 30, 2024 to reflect the recently announced acquisition of NWL. AMSC now expects revenues, inclusive of its NWL acquisition, to be in the range of ...

American Superconductor (AMSC) closed the last trading session at $18.73, gaining 0.1% 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 $27 indicates a 44.2% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $3.46. While the lowest estimate of $23 indicates a 22.8% increase from the current price level, the most optimistic analy ...

American Superconductor (AMSC) has shown impressive resilience and growth so far this year, with its stock price climbing 79.3% year to date. This stellar performance underscores investors' confidence in the company's strong fundamentals.AMSC's gain has outpaced the industry, the Zacks Computer & Technology sector and the S&P 500 index’s rise of 7.5%, 22.7% and 17.9% over the same period.The company is riding on its strong positioning in alternative energy. The solid uptake of its grid interconnection solut ...

Creating a portfolio with favorable liquidity stocks is likely to work in favor of investors seeking healthy returns.Liquidity measures a company’s capability to meet short-term debt obligations. Stocks with high liquidity levels have always been in demand, owing to their potential to provide maximum returns.One needs to exercise caution before investing in such stocks. High liquidity may indicate that the company is clearing its dues faster than its peers. However, it may also suggest that the firm cannot ...

American Superconductor Corporation (NASDAQ:AMSC) Q1 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Nicol Golez - Director of Communications Daniel McGahn - Chairman, President and CEO John Kosiba - CFO, SVP and Treasurer Conference Call Participants Eric Stine - Craig Hallum Colin Rusch - Oppenheimer Justin Clare - ROTH Capital Partners Operator Good day, and welcome to the AMSC First Quarter Fiscal 2024 Financial Results. [Operator Instructions] Please note, this event is be ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 ☐ Transition Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _____ to _____. Commission File Number: 0-19672 American Superconductor Corporation (Exact name of registrant as specified in its charter) Delaware 04-2959321 (State or othe ...

Exhibit 99.1 AMSC Reports First Quarter Fiscal Year 2024 Financial Results and Provides Business Outlook Q1 Financial Highlights: • Revenues Increased Over 33% Year Over Year to $40 Million • Reported Expanded Gross Margin and Achieved Non-GAAP Net Income • Generated $3.4 Million of Operating Cash Flow Company to host conference call tomorrow, August 7th, at 10:00 am ET Ayer, MA – August 6, 2024 – AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate th ...