Aspen Aerogels (ASPN) Stock Price, News & Analysis

Company Overview

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. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; and Pyrogel HPS for applications within the power generation market. It also offers Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems. The company was founded in 2001 and is headquartered in Northborough, Massachusetts.

Key Stats

• Today's Range: $13.78 to $14.37
• 50-Day Range: $13.98 to $28.76
• 52-Week Range: $10.31 to $33.15
• Volume: 2.11 million shs
• Average Volume: 1.63 million shs
• Market Capitalization: $1.17 billion
• P/E Ratio: 1,430.93
• Dividend Yield: N/A
• Price Target: $28.70
• Consensus Rating: Buy

Aspen Aerogels Stock Analysis - MarketRank™

Aspen Aerogels scored higher than 74% of companies evaluated by MarketBeat, and ranked 55th out of 101 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.6 / 5
• Analyst Rating: Buy

Consensus Rating

Aspen Aerogels has received a consensus rating of Buy. The company's average rating score is 3.10, and is based on 9 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Aspen Aerogels has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 381.82%

Earnings Growth

Earnings for Aspen Aerogels are expected to grow by 381.82% in the coming year, from $0.11 to $0.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Aspen Aerogels is 1,430.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.99.

Price to Earnings Ratio vs. Sector

The P/E ratio of Aspen Aerogels is 1,430.93, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 30.66.

Price to Book Value per Share Ratio

Aspen Aerogels has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

10.37% of the outstanding shares of Aspen Aerogels have been sold short.

Short Interest Ratio / Days to Cover

Aspen Aerogels has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aspen Aerogels has recently decreased by 0.12%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Aspen Aerogels does not currently pay a dividend.

Dividend Growth

Aspen Aerogels does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

10.37% of the outstanding shares of Aspen Aerogels have been sold short.

Short Interest Ratio / Days to Cover

Aspen Aerogels has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Aspen Aerogels has recently decreased by 0.12%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.36

News Sentiment

Aspen Aerogels has a news sentiment score of 0.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Construction companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Aspen Aerogels this week, compared to 6 articles on an average week.

Search Interest

37 people have searched for ASPN on MarketBeat in the last 30 days. This is an increase of 54% compared to the previous 30 days.

MarketBeat Follows

16 people have added Aspen Aerogels to their MarketBeat watchlist in the last 30 days. This is an increase of 220% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Aspen Aerogels insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,881,046.00 in company stock.

Percentage Held by Insiders

Only 4.30% of the stock of Aspen Aerogels is held by insiders.

Percentage Held by Institutions

97.64% of the stock of Aspen Aerogels is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ASPN Stock Analysis - Frequently Asked Questions

How have ASPN shares performed this year?

Aspen Aerogels' stock was trading at $15.78 on January 1st, 2024. Since then, ASPN shares have decreased by 9.4% and is now trading at $14.2950.
View the best growth stocks for 2024 here.

How were Aspen Aerogels' earnings last quarter?

Aspen Aerogels, Inc. (NYSE:ASPN) released its quarterly earnings data on Wednesday, August, 7th. The construction company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.16. The firm's quarterly revenue was up 144.4% on a year-over-year basis.

Does Aspen Aerogels have any subsidiaries?

Aspen Aerogels subsidiaries include these companies: Aspen Aerogels Georgia LLC, Aspen Aerogels Germany GmbH, and Aspen Aerogels Rhode Island LLC.

Who are Aspen Aerogels' major shareholders?

Aspen Aerogels' top institutional investors include FMR LLC (4.94%), Needham Investment Management LLC (2.77%), Loomis Sayles & Co. L P (1.97%) and State Street Corp (1.72%). Insiders that own company stock include Wood River Capital, Llc, Donald R Young, Corby C Whitaker, Gregg Landes, Mark L Noetzel, Keith L Schilling, Ricardo C Rodriguez, James E Sweetnam, Robert M Gervis, Koch Industries Inc and Kelley Conte.
View institutional ownership trends.

How do I buy shares of Aspen Aerogels?

Shares of ASPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Aspen Aerogels own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Aspen Aerogels investors own include American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), AUO (AUOTY), Waste Connections (WCN), Voyager Therapeutics (VYGR) and Humana (HUM).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 11/22/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/10/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Construction
• Industry: Lumber & other construction materials
• Sub-Industry: Wholesale
• Current Symbol: NYSE:ASPN
• CUSIP: N/A
• CIK: 1145986
• Web: www.aerogel.com
• Phone: (508) 691-1111
• Fax: 508-691-1200
• Employees: 548
• Year Founded: 2001

Price Target and Rating

• Average Stock Price Target: $28.70
• High Stock Price Target: $41.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +100.8%
• Consensus Rating: Buy
• Rating Score (0-4): 3.10
• Research Coverage: 10 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.01
• Trailing P/E Ratio: 1,430.93
• Forward P/E Ratio: 129.95
• P/E Growth: N/A
• Net Income: $-45,810,000.00
• Net Margins: 0.36%
• Pretax Margin: 0.82%
• Return on Equity: 5.06%
• Return on Assets: 3.46%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 2.93
• Quick Ratio: 2.48

Sales & Book Value

• Annual Sales: $413.83 million
• Price / Sales: 2.83
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $6.19 per share
• Price / Book: 2.31

Miscellaneous

• Outstanding Shares: 82,047,000
• Free Float: 78,519,000
• Market Cap: $1.17 billion
• Optionable: Optionable
• Beta: 2.21