Aspen Aerogels (NYSE:ASPN) Posts Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Aspen Aerogels (NYSE:ASPN - Get Free Report) posted its quarterly earnings data on Wednesday. The construction company reported $0.15 earnings per share for the quarter, beating 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 Trading Down 3.7 %

Shares of Aspen Aerogels stock traded down $0.33 during trading hours on Friday, hitting $8.67. The company's stock had a trading volume of 5,245,173 shares, compared to its average volume of 1,390,847. Aspen Aerogels has a 1-year low of $8.25 and a 1-year high of $33.15. The business has a fifty day moving average of $12.17 and a 200 day moving average of $18.45. The company has a market capitalization of $711.05 million, a PE ratio of 867.47 and a beta of 2.14. The company has a quick ratio of 2.48, a current ratio of 2.93 and a debt-to-equity ratio of 0.27.

Analyst Ratings Changes

A number of research firms have recently weighed in on ASPN. Seaport Res Ptn lowered shares of Aspen Aerogels from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Craig Hallum cut their price objective on shares of Aspen Aerogels from $21.00 to $18.00 and set a "buy" rating for the company in a research report on Friday. Piper Sandler cut their price objective 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. StockNews.com raised shares of Aspen Aerogels to a "sell" rating in a research report on Saturday, February 8th. Finally, Canaccord Genuity Group dropped their price target on shares of Aspen Aerogels from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $24.67.

Aspen Aerogels Company Profile

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.