Core Viewpoint - American Superconductor, a Massachusetts-based company, has seen its shares increase by 276% over the last 12 months, driven by new business ventures and contracts, particularly in military applications [1] Business Overview - American Superconductor specializes in producing specialty wires and electronic equipment primarily for power companies and manufacturers, playing a crucial role in the U.S. power grid as the demand for renewable energy rises [1] - The company has historically struggled financially, but recent contracts, such as a $75 million deal with the Canadian Navy for its Ship Protection Systems, indicate a turning point [2][4] Product and Technology - The Ship Protection Systems (SPS) utilize superconductor technology to reduce a ship's magnetic signature, making it harder to detect by mines, and have been integrated into the U.S. Navy's San Antonio Class ships [3][4] - AMSC's SPS currently accounts for about 10% of total revenue, while the majority of revenue (approximately 75%) comes from improving and maintaining the electrical grid [4] Financial Performance - The company reported annual revenue of $146 million, up from $106 million the previous year, and achieved a non-GAAP net income of $3 million in the latest quarter, marking a significant recovery since its financial struggles began in 2011 [8][9] - AMSC's acquisition of NWL for $61 million is expected to enhance revenue and profitability, particularly due to NWL's established military customer base [9][10] Market Position and Strategy - Despite being a smaller player in a competitive market dominated by larger companies like ABB and General Electric, AMSC is focusing on strategic project bidding to ensure sustainable growth [10] - The management emphasizes building a resilient business model that can withstand various economic and political climates, aiming for steady growth in sectors like renewable energy and military technology [11]

These companies are each helping to build the next-generation electricity grid.The two big trends for the rest of the decade will be artificial intelligence and electrification.Behind both of those megatrends? Electricity ... and lots of it.In fact, electricity demand is growing in the U.S. at a rate we haven't experienced in over 20 years. According to Goldman Sachs (GS 0.32%), U.S. electricity demand will grow at a 2.4% annualized rate through the end of this decade. While that doesn't sound like much, co ...

Core Viewpoint - The Federal Reserve's decision to cut the benchmark lending rate by 50 basis points is expected to benefit small businesses, leading to potential investment opportunities in this sector [1][4]. Small Business Sector - Small businesses have faced significant challenges since the COVID-19 pandemic, including demand issues and supply chain disruptions [3]. - Post-pandemic, inflation and high-interest rates have further strained small businesses, which typically operate on thin profit margins and lack geographical diversification [3]. - A decline in interest rates is crucial for the survival of small-cap stocks, as they rely heavily on affordable credit [4]. Investment Opportunities - Five small-cap companies are identified as having strong growth potential and positive earnings estimates for the remainder of 2024: EZCORP Inc., American Superconductor Corp., Byrna Technologies Inc., Lifeway Foods Inc., and Willdan Group Inc. [2][5]. - These companies have shown significant stock price increases year-to-date, with further upside potential [2]. Company Summaries EZCORP Inc. - EZCORP provides pawn services across the U.S. and Latin America, operating through multiple segments and offering a web-based application for customer transactions [6]. - Expected revenue and earnings growth rates for EZCORP are 7.6% and 8.9%, respectively, with a short-term stock price upside of 47.5% from an average target price of $16 [7]. American Superconductor Corp. - AMSC offers power resiliency solutions globally, focusing on grid and wind segments [8]. - The company anticipates a revenue growth rate of 41.6% and earnings growth of over 100%, with a stock price upside of 38.5% from an average target price of $30.33 [9]. Byrna Technologies Inc. - Byrna develops and sells less-lethal personal security solutions, targeting both consumer and professional markets [10]. - The expected revenue growth rate is 86.3%, with earnings growth exceeding 100%, and a stock price upside of 28.9% from an average target price of $19.42 [11]. Lifeway Foods Inc. - Lifeway produces probiotic-based products, primarily drinkable kefir, and markets them under various brand names [12]. - The company projects revenue and earnings growth rates of 24.8% and 32%, respectively, with a stock price upside of 21.6% from an average target price of $26.50 [13]. Willdan Group Inc. - Willdan provides professional and consulting services in energy and engineering [14]. - The expected revenue and earnings growth rates for Willdan are 29.5% and 20%, respectively, with a stock price upside of 19.2% from an average target price of $49 [15].

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 ...

Core Viewpoint - AMSC has updated its financial guidance for the second fiscal quarter of 2024, reflecting the acquisition of NWL, with expected revenues now projected between $50 million and $55 million, significantly higher than the previous guidance of $38 million to $42 million [1][2] Financial Guidance - AMSC anticipates positive cash generation of $1.0 to $4.0 million for the second quarter of fiscal 2024, compared to the previous guidance of breakeven to a positive cash generation of $2.0 million [1] Acquisition Impact - The acquisition of NWL is expected to enhance the quality of AMSC's revenues and earnings, as well as expand its penetration in the industrial market [2] - NWL's expertise in providing power supplies for critical military systems is anticipated to strengthen AMSC's military business and broaden its customer base [2] Company Overview - AMSC specializes in megawatt-scale power resiliency solutions, including Gridtec™, Marinetec™, and Windtec® Solutions, aimed at optimizing power network reliability and efficiency [3] - The company has a global presence with operations in Asia, Australia, Europe, and North America, and focuses on enhancing the performance and reliability of power networks and military fleets [3]

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 ...

Core Viewpoint - American Superconductor (AMSC) has demonstrated significant growth, with a year-to-date stock price increase of 79.3%, reflecting strong investor confidence in its fundamentals [1] Group 1: Company Performance - AMSC's stock performance has outpaced the Zacks Computer & Technology sector and the S&P 500 index, which rose by 7.5%, 22.7%, and 17.9% respectively [1] - The company is recognized as the leading supplier of high-temperature superconductor cables, benefiting from momentum in the semiconductor industry [1] Group 2: Market Positioning - AMSC is well-positioned in alternative energy, with strong demand for its grid interconnection solutions, licensed wind energy designs, and electrical systems [1][4] - The company is expanding its addressable market through its power grid, wind, and marine solutions, catering to the growing demand for renewable energy and electrification [4] Group 3: Product Offerings and Customer Momentum - AMSC's product offerings, including D-VAR Systems and actiVAR Systems, enhance power grid capacity and efficiency, driving momentum among power grid operators [4] - The company is experiencing strong demand in the wind power market, supported by its Electrical Control Systems and Wind Turbine Designs [5] - AMSC has secured significant orders, including a record $75 million order from the Royal Canadian Navy and a follow-on order exceeding $12 million from InoxWinds [7] Group 4: Financial Estimates - The Zacks Consensus Estimate for second-quarter fiscal 2024 revenues is $50.05 million, indicating a year-over-year growth of 47.2% [9] - The fiscal 2024 revenue estimate stands at $206.2 million, reflecting a year-over-year growth of 41.6%, with earnings expected to rise significantly from 2 cents in fiscal 2023 to 31 cents [9] Group 5: Valuation and Investment Outlook - AMSC's stock is currently trading at a premium, with a forward Price/Sales ratio of 3.55X compared to the industry's 2.65X, indicating a stretched valuation [10] - Despite the perceived risk of overvaluation, the premium is justified by the company's strong financial performance and growth prospects in key markets [12] - The combination of strong momentum in various end-markets, innovative products, and rising deal wins positions AMSC as a compelling investment opportunity [13]

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 ...