Are Smart Investors Making the Right Decision? Aspen Aerogels Inc (ASPN)

With 1.87 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.53 million shares. During the session, the Building Products & Equipment company that operates in wider Industrials sector, reached to the highest price of $15.04 whereas the lowest price it dropped to was $14.23. The 52-week range on ASPN shows that it touched its highest point at $33.15 and its lowest point at $10.31 during that stretch. It currently has a 1-year price target of $30.00. Beta for the stock currently stands at 2.13.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ASPN was up-trending over the past week, with a rise of 1.70%, but this was down by -26.35% over a month. Three-month performance dropped to -49.74% while six-month performance fell -51.32%. The stock gained 32.29% in the past year, while it has lost -9.13% so far this year. A look at the trailing 12-month EPS for ASPN yields 0.01 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.08. This implies an EPS growth rate of 119.24% for this year and 268.50% for next year.

Float and Shares Shorts:

At present, 82.05 million ASPN shares are outstanding with a float of 80.69 million shares on hand for trading. On 2024-11-15, short shares totaled 9.26 million, which was 1129.0 higher than short shares on 1728950400. In addition to Mr. Donald R. Young as the firm’s President, CEO & Director, Mr. Ricardo C. Rodriguez serves as its CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.89891 of ASPN’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, ASPN reported revenue of $117340000.0 and operating income of $17400000.0. The EBITDA in the recently reported quarter was $22721000.0 and diluted EPS was -$0.17.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ASPN since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ASPN analysts setting a high price target of 35.0 and a low target of 25.0, the average target price over the next 12 months is 30.0. Based on these targets, ASPN could surge 144.07% to reach the target high and rise by 74.34% to reach the target low. Reaching the average price target will result in a growth of 109.21% from current levels.

Analysts have provided yearly estimates in a range of $0.1524 being high and $0.0762 being low. For ASPN, this leads to a yearly average estimate of $0.127. The surprise factor in the prior quarter was $0.06. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.08.