American Superconductor (AMSC) Expected to Announce Quarterly Earnings on Wednesday

American Superconductor (NASDAQ:AMSC) is expected to post its quarterly earnings results 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. Investors that are interested in participating in the company’s conference call can do so using this link.

American Superconductor Trading Up 0.2 %

NASDAQ AMSC opened at $26.32 on Tuesday. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of -526.29 and a beta of 2.26. American Superconductor has a 12 month low of $10.19 and a 12 month high of $38.02. The company’s 50 day moving average is $28.11 and its two-hundred day moving average is $25.46.

Wall Street Analysts Forecast Growth

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

American Superconductor Company Profile

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.