Recent significant positive changes in fundamentals have benefitted American Superconductor Corp (NASDAQ: AMSC): the consensus estimate for March, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for March, 2025 increased significantly.
Important positive changes in American Superconductor Corp (NASDAQ: AMSC) investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AMSC is expected to be Value Creation neutral.
American Superconductor has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. American Superconductor has a very low Appreciation Score of 13 but a very high Power Rating of 100, leading to the Neutral Value Trend Rating.
Recent Price Action
American Superconductor Corp (NASDAQ: AMSC) stock closed at $21.93 on 9/11/24 after a decline of -3.5%. Moreover, this decline was accompanied by above average trading volume at 133% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 16.3% during the last week.
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