Gaining Ground: Aspen Aerogels Inc (ASPN) Closes Lower at 7.80, Down -0.51

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The price of Aspen Aerogels Inc (NYSE: ASPN) closed at $7.80 in the last session, down -0.51% from day before closing price of $7.84. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 1.53 million shares were traded.

Ratios:

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 3.29 and its Current Ratio is at 3.72. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.28.

On August 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $27.

On March 06, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $22.ROTH MKM initiated its Buy rating on March 06, 2024, with a $22 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 Sep 30 ’24 when Young Donald R sold 63,355 shares for $30.03 per share. The transaction valued at 1,902,551 led to the insider holds 483,640 shares of the business.

Donald R. Young bought 134,629 shares of ASPN for $3,718,452 on Sep 30 ’24. On Aug 26 ’24, another insider, RODRIGUEZ RICARDO C., who serves as the CFO & Treasurer of the company, sold 32,465 shares for $30.14 each. As a result, the insider received 978,387 and left with 20,790 shares of the company.

Valuation Measures:

As of this moment, Aspen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.16, and their Forward P/E ratio for the next fiscal year is 13.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.04.

Stock Price History:

Over the past 52 weeks, ASPN has reached a high of $33.15, while it has fallen to a 52-week low of $6.70. The 50-Day Moving Average of the stock is -27.99%, while the 200-Day Moving Average is calculated to be -60.71%.

Shares Statistics:

A total of 82.04M shares are outstanding, with a floating share count of 80.85M. Insiders hold about 1.48% of the company’s shares, while institutions hold 89.53% stake in the company.

Earnings Estimates

Its stock is currently analyzed by 5.0 different market analysts. The consensus estimate for the next quarter is $0.04, with high estimates of $0.11 and low estimates of -$0.01.

Analysts are recommending an EPS of between $0.6 and $0.03 for the fiscal current year, implying an average EPS of $0.23. EPS for the following year is $0.58, with 4.0 analysts recommending between $0.84 and $0.46.

Revenue Estimates

According to 7 analysts, the current quarter’s revenue is expected to be $82.75M. It ranges from a high estimate of $90.8M to a low estimate of $77.77M. As of the current estimate, Aspen Aerogels Inc’s year-ago sales were $94.5MFor the next quarter, 7 analysts are estimating revenue of $90.87M. There is a high estimate of $95.27M for the next quarter, whereas the lowest estimate is $81M.

A total of 7 analysts have provided revenue estimates for ASPN’s current fiscal year. The highest revenue estimate was $420M, while the lowest revenue estimate was $359.4M, resulting in an average revenue estimate of $392.23M. In the same quarter a year ago, actual revenue was $452.7MBased on 7 analysts’ estimates, the company’s revenue will be $534.66M in the next fiscal year. The high estimate is $599.4M and the low estimate is $456.5M.

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