NYSE:ASPN

Aspen Aerogels - ASPN Stock Forecast, Price & News

$12.91

+0.85 (+7.05%)

(As of 12/1/2022 12:00 AM ET)

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Today's Range: $11.87
▼
$13.18
50-Day Range: $8.99
▼
$13.69
52-Week Range: $7.93
▼
$58.04

Volume: 4.11 million shs
Average Volume: 706,537 shs
Market Capitalization: $528.14 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $29.70

Aspen Aerogels MarketRank™ Forecast

Analyst Rating: Buy
3.13 Rating Score
Upside/Downside: 130.1% Upside
$29.70 Price Target
Short Interest: Bearish
7.04% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.20
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($2.29) to ($1.22) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.94 out of 5 stars

Construction Sector

73rd out of 107 stocks

Lumber & Other Construction Materials Industry

2nd out of 4 stocks

3.6

Analyst's Opinion

Consensus Rating
Aspen Aerogels has received a consensus rating of Buy. The company's average rating score is 3.13, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.70, Aspen Aerogels has a forecasted upside of 130.1% from its current price of $12.91.
Amount of Analyst Coverage
Aspen Aerogels has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.04% of the outstanding shares of Aspen Aerogels have been sold short.
Short Interest Ratio / Days to Cover
Aspen Aerogels has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in Aspen Aerogels has recently increased by 15.66%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Aspen Aerogels does not currently pay a dividend.
Dividend Growth
Aspen Aerogels does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ASPN.

2.9

News and Social Media Coverage

News Sentiment
Aspen Aerogels has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Aspen Aerogels this week, compared to 2 articles on an average week.
Search Interest
20 people have searched for ASPN on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
MarketBeat Follows
10 people have added Aspen Aerogels to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Aspen Aerogels insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.50% of the stock of Aspen Aerogels is held by insiders.
Percentage Held by Institutions
91.66% of the stock of Aspen Aerogels is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Aspen Aerogels are expected to grow in the coming year, from ($2.29) to ($1.22) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Aspen Aerogels is -5.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Aspen Aerogels is -5.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Aspen Aerogels has a P/B Ratio of 2.89. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Aspen Aerogels (NYSE:ASPN) Stock

Aspen Aerogels, Inc. designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets in the United States, Asia, Canada, Europe, and Latin America. The company offers PyroThin thermal barriers for use in lithium-ion batteries in electric vehicles and energy storage industries; Pyrogel XTE that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market; Pyrogel XTF to provide protection against fire; Cryogel Z for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea for use in pipe-in-pipe applications in offshore oil production. It also offers Spaceloft Grey and Spaceloft A2 for use in the building materials market; and Cryogel X201, which is used in designing cold systems, such as refrigerated appliances, cold storage equipment, and aerospace systems. The company was founded in 2001 and is headquartered in Northborough, Massachusetts.

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ASPN Stock News Headlines

November 30, 2022 | msn.com

Aspen Aerogels Arranges Funds For Construction Of Statesboro Facility Via Equity Offering, Loan

November 30, 2022 | markets.businessinsider.com

Aspen Aerogels Prices Public Offering Of 25.26 Mln Shares At $9.50/shr

November 30, 2022 | marketwatch.com

Aspen Aerogels Shares Slide Premarket on Public Offering >ASPN

November 30, 2022 | markets.businessinsider.com

Aspen Aerogels, Inc. Announces Pricing of Upsized Public Offering of $240 Million of Common Stock

November 23, 2022 | americanbankingnews.com

Brokerages Set Aspen Aerogels, Inc. (NYSE:ASPN) PT at $29.70

November 10, 2022 | finance.yahoo.com

Aspen Aerogels Third Quarter 2022 Earnings: Misses Expectations

November 2, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. Announces Changes to its Board of Directors

October 29, 2022 | seekingalpha.com

Aspen Aerogels, Inc. (ASPN) Q3 2022 Earnings Call Transcript

October 28, 2022 | finance.yahoo.com

Hopeful week for insiders who might be regretting buying US$4.6m of Aspen Aerogels, Inc. (NYSE:ASPN) stock earlier this year

October 26, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. Reports Third Quarter 2022 Financial Results and Recent Business Developments

October 25, 2022 | msn.com

A Preview Of Aspen Aerogels's Earnings

October 24, 2022 | finance.yahoo.com

Time to Bottom Fish? 2 “Strong Buy” Stocks That Are Too Cheap to Ignore

October 12, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. Schedules Third Quarter 2022 Financial Results Release and Conference Call

September 30, 2022 | seekingalpha.com

ASPN Aspen Aerogels, Inc.

September 19, 2022 | nasdaq.com

Investing in Aspen Aerogels (NYSE:ASPN) five years ago would have delivered you a 200% gain

September 8, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. (ASPN)

September 6, 2022 | finance.yahoo.com

Aspen Aerogels to Participate in 15th Annual Cowen Global Transportation & Sustainable Mobility Virtual Conference

September 4, 2022 | finance.yahoo.com

Is it a Good Choice to Dispose Your Aspen Aerogels (ASPN)?

August 28, 2022 | seekingalpha.com

Aspen Aerogels (ASPN) Investor Presentation - Slideshow

August 9, 2022 | finance.yahoo.com

Do Institutions Own Aspen Aerogels, Inc. (NYSE:ASPN) Shares?

August 8, 2022 | finance.yahoo.com

Aspen Aerogels to Participate in August Investor Conferences

August 2, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. Appoints James Sweetnam to Board of Directors

July 31, 2022 | seekingalpha.com

Aspen Aerogels, Inc. (ASPN) CEO Don Young on Q2 2022 Results - Earnings Call Transcript

July 30, 2022 | finance.yahoo.com

Aspen Aerogels (ASPN) Q2 2022 Earnings Call Transcript

July 29, 2022 | finance.yahoo.com

Aspen Aerogels, Inc. Announces Release of Inaugural ESG Highlights Report

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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ASPN Company Calendar

Last Earnings: 7/28/2021
Today: 12/01/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/16/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Lumber & other construction materials
Sub-Industry: N/A
Sector: Construction
Current Symbol: NYSE:ASPN
CUSIP: N/A
CIK: 1145986
Web: www.aerogel.com
Phone: (508) 691-1111
Fax: 508-691-1200
Employees: 418
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $29.70
High Stock Price Forecast: $45.00
Low Stock Price Forecast: $20.00
Forecasted Upside/Downside: +130.1%
Consensus Rating: Buy
Rating Score (0-4): 3.13
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($2.52)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-37,090,000.00
Net Margins: -58.78%
Pretax Margin: -58.78%
Return on Equity: -54.46%
Return on Assets: -28.29%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 1.93
Quick Ratio: 1.68

Sales & Book Value

Annual Sales: $121.62 million
Price / Sales: 4.34
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $4.46 per share
Price / Book: 2.89

Miscellaneous

Outstanding Shares: 40,909,000
Free Float: 37,023,000
Market Cap: $528.14 million
Optionable: Not Optionable
Beta: 2.34

Key Executives

Mr. Donald R. Young (Age 65)
Pres, CEO & Director
Comp: $1.16M

Mr. Gregg R. Landes (Age 52)
Sr. VP of Operations & Strategic Devel.
Comp: $530.73k

Mr. Corby C. Whitaker (Age 52)
Sr. VP of Sales & Marketing
Comp: $605.04k

Ms. Kelley W. Conte (Age 57)
Sr. VP of HR
Comp: $409.44k

Mr. John F. Fairbanks (Age 61)
Consultant
Comp: $482.21k

Mr. Ricardo C. Rodriguez (Age 37)
Sr. VP, CFO & Treasurer

Dr. George L. Gould J.D. (Age 59)
Llm., Ph.D., Chief Technology Officer

Ms. Laura J. Guerrant-Oiye
VP of Investor Relations & Corp. Communications

Ms. Virginia H. Johnson
Chief Legal Officer, Gen. Counsel, Chief Compliance Officer & Corp. Sec.

Mr. Jeffrey Alan Ball (Age 54)
Advisor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

ASPN Stock - Frequently Asked Questions

Should I buy or sell Aspen Aerogels stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aspen Aerogels in the last year. There are currently 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" ASPN shares.
View ASPN analyst ratings or view top-rated stocks.
What is Aspen Aerogels' stock price forecast for 2023?: 8 Wall Street research analysts have issued 12-month target prices for Aspen Aerogels' stock. Their ASPN share price forecasts range from $20.00 to $45.00. On average, they expect the company's stock price to reach $29.70 in the next year. This suggests a possible upside of 130.1% from the stock's current price.
View analysts price targets for ASPN or view top-rated stocks among Wall Street analysts.
How have ASPN shares performed in 2022?: Aspen Aerogels' stock was trading at $49.79 on January 1st, 2022. Since then, ASPN shares have decreased by 74.1% and is now trading at $12.91.
View the best growth stocks for 2022 here.
Are investors shorting Aspen Aerogels?: Aspen Aerogels saw a increase in short interest in November. As of November 15th, there was short interest totaling 2,880,000 shares, an increase of 15.7% from the October 31st total of 2,490,000 shares. Based on an average trading volume of 412,900 shares, the days-to-cover ratio is currently 7.0 days.
View Aspen Aerogels' Short Interest.
When is Aspen Aerogels' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our ASPN earnings forecast.
How were Aspen Aerogels' earnings last quarter?: Aspen Aerogels, Inc. (NYSE:ASPN) announced its quarterly earnings results on Wednesday, July, 28th. The construction company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.27) by $0.04. The construction company had revenue of $31.67 million for the quarter, compared to the consensus estimate of $25.35 million. Aspen Aerogels had a negative trailing twelve-month return on equity of 54.46% and a negative net margin of 58.78%.
What guidance has Aspen Aerogels issued on next quarter's earnings?: Aspen Aerogels issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share (EPS) guidance of -$2.35--$2.22 for the period, compared to the consensus estimate of -$2.19. The company issued revenue guidance of $180.00 million-$180.00 million, compared to the consensus revenue estimate of $191.05 million.

What is Donald R. Young's approval rating as Aspen Aerogels' CEO?: 5 employees have rated Aspen Aerogels Chief Executive Officer Donald R. Young on Glassdoor.com. Donald R. Young has an approval rating of 100% among the company's employees. This puts Donald R. Young in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Aspen Aerogels own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Aspen Aerogels investors own include Intelsat (I), Gilead Sciences (GILD), Bank of America (BAC), AMC Entertainment (AMC), Fossil Group (FOSL), Associated British Foods (ABF), Apollo Global Management (APO), Chaarat Gold (CGH), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).
What is Aspen Aerogels' stock symbol?: Aspen Aerogels trades on the New York Stock Exchange (NYSE) under the ticker symbol "ASPN."
Who are Aspen Aerogels' major shareholders?: Aspen Aerogels' stock is owned by a variety of institutional and retail investors. Top institutional investors include Encompass Capital Advisors LLC (5.91%), BlackRock Inc. (4.69%), Vanguard Group Inc. (4.55%), Cowen Prime Advisors LLC (1.81%), Essex Investment Management Co. LLC (1.54%) and State Street Corp (1.45%). Insiders that own company stock include Corby C Whitaker, Corby C Whitaker, Donald R Young, Kelley Conte, Koch Industries Inc and Robert M Gervis.
View institutional ownership trends.
How do I buy shares of Aspen Aerogels?: Shares of ASPN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Aspen Aerogels' stock price today?: One share of ASPN stock can currently be purchased for approximately $12.91.
How much money does Aspen Aerogels make?: Aspen Aerogels (NYSE:ASPN) has a market capitalization of $528.14 million and generates $121.62 million in revenue each year. The construction company earns $-37,090,000.00 in net income (profit) each year or ($2.52) on an earnings per share basis.
How many employees does Aspen Aerogels have?: The company employs 418 workers across the globe.
How can I contact Aspen Aerogels?: Aspen Aerogels' mailing address is 30 FORBES ROAD BUILDING B, NORTHBOROUGH MA, 01532. The official website for the company is www.aerogel.com. The construction company can be reached via phone at (508) 691-1111, via email at ir@aerogel.com, or via fax at 508-691-1200.

This page (NYSE:ASPN) was last updated on 12/2/2022 by MarketBeat.com Staff

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