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

Aspen Aerogels (NYSE:ASPN) issued its quarterly earnings results on Wednesday. The construction company reported $0.15 earnings per share (EPS) 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 Trading Down 3.0 %

NYSE:ASPN opened at $11.78 on Thursday. 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 fifty-two week low of $10.67 and a fifty-two week high of $33.15. The stock’s 50-day moving average is $12.41 and its two-hundred day moving average is $18.68. The stock has a market cap of $966.55 million, a PE ratio of 1,179.18 and a beta of 2.14.

Analysts Set New Price Targets

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