American Superconductor (AMSC) Expected to Announce Earnings on Wednesday

American Superconductor (NASDAQ:AMSC) is anticipated to release its earnings data before the market opens on Wednesday, February 5th. Analysts expect American Superconductor to post earnings of $0.07 per share and revenue of $56.67 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

American Superconductor Trading Down 3.8 %

Shares of AMSC stock opened at $26.27 on Monday. American Superconductor has a twelve month low of $10.19 and a twelve month high of $38.02. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -525.29 and a beta of 2.28. The company’s 50-day moving average price is $28.11 and its 200-day moving average price is $25.48.

Wall Street Analyst Weigh In

Separately, Oppenheimer increased their price target on shares of American Superconductor from $29.00 to $33.00 and gave the company an “outperform” rating in a research note on Tuesday, January 28th.

About American Superconductor

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.