Aspen Aerogels (NYSE:ASPN) Issues Quarterly Earnings Results

Aspen Aerogels (NYSE:ASPN - Get Free Report) announced its quarterly earnings data on Wednesday. The construction company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates 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 Stock Performance

Shares of NYSE:ASPN traded down $0.33 during midday trading on Friday, hitting $8.67. The company had a trading volume of 5,245,173 shares, compared to its average volume of 1,390,847. Aspen Aerogels has a 12-month low of $8.25 and a 12-month high of $33.15. The company has a fifty day moving average of $12.17 and a two-hundred day moving average of $18.45. The company has a market cap of $711.05 million, a price-to-earnings ratio of 867.47 and a beta of 2.14. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.93 and a quick ratio of 2.48.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ASPN. Canaccord Genuity Group reduced their price objective on Aspen Aerogels from $20.00 to $15.00 and set a "buy" rating for the company in a report on Friday. Seaport Res Ptn downgraded shares of Aspen Aerogels from a "strong-buy" rating to a "hold" rating in a report on Wednesday. StockNews.com raised shares of Aspen Aerogels to a "sell" rating in a report on Saturday, February 8th. Roth Mkm lowered their price objective on shares of Aspen Aerogels from $22.00 to $16.00 and set a "buy" rating on the stock in a research report on Friday. Finally, Piper Sandler cut their target price on shares of Aspen Aerogels from $36.00 to $33.00 and set an "overweight" rating for the company in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $24.67.

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.