With 2.2 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.94 million shares. The 52-week range on ASPN shows that it touched its highest point at $33.15 and its lowest point at $8.02 during that stretch. It currently has a 1-year price target of $16.00. Beta for the stock currently stands at 2.22.
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 down-trending over the past week, with a drop of -10.67%, but this was down by -29.04% over a month. Three-month performance dropped to -44.55% while six-month performance fell -73.81%. The stock lost -52.79% in the past year, while it has lost -32.32% so far this year. A look at the trailing 12-month EPS for ASPN yields 0.16 with Next year EPS estimates of 0.58. For the next quarter, that number is -0.07. This implies an EPS growth rate of -16.99% for this year and 309.00% for next year.
Float and Shares Shorts:
At present, 82.05 million ASPN shares are outstanding with a float of 80.83 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.16 being high and $0.11 being low. For ASPN, this leads to a yearly average estimate of $0.12. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is -$0.01. The average estimate for the next quarter is thus $0.04.
