Aspen Aerogels (NYSE:ASPN) Announces Earnings Results

Aspen Aerogels (NYSE:ASPN) released its quarterly earnings results on Wednesday. The construction company reported $0.15 EPS for the quarter, beating the consensus estimate 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 $0.36 during midday trading on Wednesday, reaching $11.78. 4,444,883 shares of the company were exchanged, compared to its average volume of 1,624,350. The stock has a market cap of $966.55 million, a P/E ratio of 1,179.18 and a beta of 2.14. Aspen Aerogels has a 1 year low of $10.67 and a 1 year high of $33.15. The stock has a fifty day simple moving average of $12.41 and a 200 day simple moving average of $18.68. The company has a current ratio of 2.93, a quick ratio of 2.48 and a debt-to-equity ratio of 0.27.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ASPN shares. StockNews.com upgraded shares of Aspen Aerogels to a “sell” rating in a report on Saturday. Piper Sandler decreased 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. Barclays dropped their target price on Aspen Aerogels from $27.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, November 12th. Roth Mkm decreased their price target on Aspen Aerogels from $36.00 to $31.00 and set a “buy” rating for the company in a report on Friday, November 8th. Finally, 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 report on Thursday, January 16th. One research analyst has rated the stock with a sell rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.