Media stories about American Superconductor (NASDAQ:AMSC) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American Superconductor earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 45.8879353451615 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
American Superconductor (NASDAQ AMSC) opened at $4.60 on Tuesday. The company has a market cap of $88.29, a price-to-earnings ratio of -2.30 and a beta of 1.31. American Superconductor has a 1-year low of $2.89 and a 1-year high of $7.75.
American Superconductor (NASDAQ:AMSC) last announced its earnings results on Monday, February 5th. The technology company reported ($0.18) EPS for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.17. The business had revenue of $14.90 million for the quarter, compared to analysts’ expectations of $17.19 million. American Superconductor had a negative net margin of 65.96% and a negative return on equity of 60.92%. The company’s quarterly revenue was down 45.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.21) EPS. research analysts predict that American Superconductor will post -1.94 EPS for the current year.
A number of brokerages have weighed in on AMSC. B. Riley reiterated a “hold” rating and set a $6.00 price target on shares of American Superconductor in a research report on Thursday, January 25th. Zacks Investment Research lowered shares of American Superconductor from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.72.
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About American Superconductor
American Superconductor Corporation (AMSC) is a provider of megawatt-scale solutions. The Company operates through two segments: Wind and Grid. Through the Company’s Windtec Solutions brand, the Wind business segment enables manufacturers to field wind turbines. Through the Company’s Gridtec Solutions, the Grid business segment enables electric utilities and renewable energy project developers to connect, transmit and distribute power.
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