Aspen Aerogels (ASPN) Projected to Post Earnings on Wednesday

Aspen Aerogels (NYSE:ASPN) is projected to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $120.80 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Aspen Aerogels Trading Up 0.1 %

NYSE ASPN opened at $11.59 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.48 and a current ratio of 2.93. Aspen Aerogels has a one year low of $10.67 and a one year high of $33.15. The firm has a market cap of $950.55 million, a price-to-earnings ratio of 1,159.66 and a beta of 2.14. The firm has a 50 day simple moving average of $12.75 and a 200-day simple moving average of $19.14.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ASPN shares. Piper Sandler reduced their price objective on Aspen Aerogels from $36.00 to $33.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 22nd. HC Wainwright reiterated a “buy” rating and issued a $30.00 price objective on shares of Aspen Aerogels in a research note on Wednesday, October 16th. Canaccord Genuity Group cut 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 note on Thursday, January 16th. StockNews.com upgraded shares of Aspen Aerogels to a “sell” rating in a research note on Wednesday, November 13th. Finally, Roth Mkm dropped their price objective on shares of Aspen Aerogels from $36.00 to $31.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. One investment analyst has rated the stock with a sell rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Aspen Aerogels has a consensus rating of “Moderate Buy” and an average 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.