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

Aspen Aerogels (NYSE:ASPN) released its quarterly earnings data 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 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 Aspen Aerogels stock traded down $0.36 during trading on Wednesday, hitting $11.78. 4,397,003 shares of the stock traded hands, compared to its average volume of 1,624,350. The company has a quick ratio of 2.48, a current ratio of 2.93 and a debt-to-equity ratio of 0.27. The stock has a market cap of $966.55 million, a price-to-earnings ratio of 1,179.18 and a beta of 2.14. The firm’s fifty day moving average is $12.41 and its 200-day moving average is $18.68. Aspen Aerogels has a 52 week low of $10.67 and a 52 week high of $33.15.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on ASPN shares. Canaccord Genuity Group reduced 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 restated a “buy” rating and issued a $30.00 price objective on shares of Aspen Aerogels in a research note on Wednesday, October 16th. Roth Mkm reduced their price objective 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. StockNews.com upgraded Aspen Aerogels to a “sell” rating in a research note on Saturday. Finally, Piper Sandler reduced 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. One investment 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.