Is Aspen Aerogels Inc. (NYSE:ASPN) an excellent stock to buy at the moment?

The price of Aspen Aerogels Inc. (NYSE: ASPN) closed at $7.80 in the last session, down -0.38% from day before closing price of $7.83. In other words, the price has decreased by -$0.03 from its previous closing price. On the day, 1681352 shares were traded. ASPN stock price reached its highest trading level at $7.82 during the session, while it also had its lowest trading level at $7.23.

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We take a closer look at ASPN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.70 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.58.

Upgrades & Downgrades

On December 10, 2021, The Benchmark Company started tracking the stock assigning a Buy rating and target price of $70.

On October 14, 2021, Cowen started tracking the stock assigning a Outperform rating and target price of $8.Cowen initiated its Outperform rating on October 14, 2021, with a $8 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 06 when SWEETNAM JAMES E bought 2,700 shares for $11.30 per share. The transaction valued at 30,510 led to the insider holds 6,195 shares of the business.

Wood River Capital, LLC bought 10,526,316 shares of ASPN for $100,000,002 on Nov 30. The 10% Owner now owns 15,780,426 shares after completing the transaction at $9.50 per share. On May 12, another insider, Young Donald R, who serves as the President and CEO of the company, bought 5,000 shares for $14.63 each. As a result, the insider paid 73,150 and bolstered with 599,146 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 3.54 while its Price-to-Book (P/B) ratio in mrq is 1.69.

Stock Price History:

Over the past 52 weeks, ASPN has reached a high of $38.04, while it has fallen to a 52-week low of $7.33. The 50-Day Moving Average of the stock is 10.58, while the 200-Day Moving Average is calculated to be 11.97.

Shares Statistics:

According to the various share statistics, ASPN traded on average about 899.87K shares per day over the past 3-months and 1.31M shares per day over the past 10 days. A total of 69.99M shares are outstanding, with a floating share count of 67.16M. Insiders hold about 0.20% of the company’s shares, while institutions hold 57.40% stake in the company. Shares short for ASPN as of Jan 30, 2023 were 2.71M with a Short Ratio of 3.01M, compared to 3.26M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 4.10% and a Short% of Float of 4.57%.

Earnings Estimates

The company has 8 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.3 for the current quarter, with a high estimate of -$0.2 and a low estimate of -$0.45, while EPS last year was -$0.5. The consensus estimate for the next quarter is -$0.28, with high estimates of -$0.22 and low estimates of -$0.41.

Analysts are recommending an EPS of between -$1.97 and -$2.41 for the fiscal current year, implying an average EPS of -$2.25. EPS for the following year is -$1.1, with 9 analysts recommending between -$0.66 and -$1.86.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $57.45M. It ranges from a high estimate of $59.74M to a low estimate of $52.5M. As of the current estimate, Aspen Aerogels Inc.’s year-ago sales were $31.48M, an estimated increase of 82.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $54.5M, an increase of 41.90% less than the figure of $82.50% in the same quarter last year. There is a high estimate of $64.29M for the next quarter, whereas the lowest estimate is $46.3M.

A total of 9 analysts have provided revenue estimates for ASPN’s current fiscal year. The highest revenue estimate was $180.5M, while the lowest revenue estimate was $173.3M, resulting in an average revenue estimate of $178.44M. In the same quarter a year ago, actual revenue was $121.62M, up 46.70% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $244.27M in the next fiscal year. The high estimate is $260.1M and the low estimate is $231.3M. The average revenue growth estimate for next year is up 36.90% from the average revenue estimate for this year.