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

Aspen Aerogels (NYSE:ASPNGet Free Report) released its quarterly earnings data on Wednesday. The construction company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 Price Performance

Shares of NYSE:ASPN opened at $8.97 on Friday. The company has a current ratio of 2.93, a quick ratio of 2.48 and a debt-to-equity ratio of 0.27. The stock’s fifty day simple moving average is $12.36 and its two-hundred day simple moving average is $18.63. Aspen Aerogels has a 1-year low of $8.43 and a 1-year high of $33.15. The stock has a market cap of $735.58 million, a PE ratio of 897.40 and a beta of 2.14.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Barclays decreased their target price on shares of Aspen Aerogels from $27.00 to $25.00 and set an “overweight” rating for the company in a research report on Tuesday, November 12th. Roth Mkm decreased their target price on shares of Aspen Aerogels from $36.00 to $31.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Canaccord Genuity Group cut their price target on Aspen Aerogels from $28.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. StockNews.com upgraded Aspen Aerogels to a “sell” rating in a report on Saturday, February 8th. Finally, Piper Sandler cut their price target on Aspen Aerogels from $36.00 to $33.00 and set an “overweight” rating on the stock in a report on Tuesday, October 22nd. One analyst has rated the stock with a sell rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Aspen Aerogels currently has an average rating of “Moderate Buy” and a consensus target price of $29.11.

Check Out Our Latest Analysis on Aspen Aerogels

Aspen Aerogels Company Profile

(Get Free Report)

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.

See Also

Earnings History for Aspen Aerogels (NYSE:ASPN)

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