Aspen Aerogels (NYSE:ASPN) Releases Quarterly Earnings Results

Aspen Aerogels (NYSE:ASPN) released its quarterly earnings results on Wednesday. The construction company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.11, Zacks reports. Aspen Aerogels had a net margin of 0.36% and a return on equity of 5.06%. Aspen Aerogels updated its Q1 2025 guidance to -0.180-0.000 EPS.

Aspen Aerogels Trading Down 3.0 %

ASPN opened at $11.78 on Thursday. The firm has a market capitalization of $966.55 million, a P/E ratio of 1,179.18 and a beta of 2.14. The firm’s 50 day moving average is $12.41 and its 200-day moving average is $18.68. Aspen Aerogels has a 52-week low of $10.67 and a 52-week high of $33.15. The company has a quick ratio of 2.48, a current ratio of 2.93 and a debt-to-equity ratio of 0.27.

Analysts Set New Price Targets

Several research firms recently issued reports on ASPN. Barclays decreased their target price on shares of Aspen Aerogels from $27.00 to $25.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 12th. Canaccord Genuity Group decreased their target price on shares of Aspen Aerogels from $28.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, January 16th. Piper Sandler decreased their target price on shares of Aspen Aerogels from $36.00 to $33.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 22nd. StockNews.com raised shares of Aspen Aerogels to a “sell” rating in a research report on Saturday, February 8th. Finally, HC Wainwright restated a “buy” rating and issued a $30.00 price target on shares of Aspen Aerogels in a report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Aspen Aerogels currently has an average rating of “Moderate Buy” and a consensus price target of $29.11.

About Aspen Aerogels

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.