Aspen Aerogels (NYSE:ASPN) Announces Quarterly Earnings Results

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

Aspen Aerogels Stock Performance

Shares of ASPN traded down $0.36 during trading hours on Wednesday, hitting $11.78. The stock had a trading volume of 4,397,003 shares, compared to its average volume of 1,624,350. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.93 and a quick ratio of 2.48. Aspen Aerogels has a 12 month low of $10.67 and a 12 month high of $33.15. The firm has a market capitalization of $966.55 million, a PE ratio of 1,179.18 and a beta of 2.14. The stock has a fifty day moving average price of $12.41 and a 200 day moving average price of $18.68.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ASPN. Roth Mkm lowered their target price on Aspen Aerogels from $36.00 to $31.00 and set a “buy” rating for the company in a research note on Friday, November 8th. Piper Sandler lowered their price objective on Aspen Aerogels from $36.00 to $33.00 and set an “overweight” rating for the company in a research note on Tuesday, October 22nd. Canaccord Genuity Group lowered their price objective on Aspen Aerogels from $28.00 to $20.00 and set a “buy” rating for the company in a research note on Thursday, January 16th. HC Wainwright reissued a “buy” rating and issued a $30.00 target price on shares of Aspen Aerogels in a report on Wednesday, October 16th. Finally, StockNews.com raised Aspen Aerogels to a “sell” rating in a report on Saturday. One analyst has rated the stock with a sell rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $29.11.

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.