Headlines about Aspen Aerogels (NYSE:ASPN) have been trending somewhat positive on Sunday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aspen Aerogels earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 48.1737007109482 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities research analysts recently weighed in on ASPN shares. Canaccord Genuity set a $6.00 price target on Aspen Aerogels and gave the stock a “buy” rating in a report on Tuesday, July 24th. ValuEngine cut Aspen Aerogels from a “buy” rating to a “hold” rating in a report on Tuesday, June 26th.
Shares of ASPN traded up $0.21 on Friday, reaching $5.05. The stock had a trading volume of 35,773 shares, compared to its average volume of 16,329. The stock has a market cap of $115.87 million, a P/E ratio of -6.08 and a beta of 1.18. Aspen Aerogels has a twelve month low of $3.99 and a twelve month high of $5.58.
Aspen Aerogels (NYSE:ASPN) last released its quarterly earnings results on Thursday, August 2nd. The construction company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.06). The firm had revenue of $21.67 million during the quarter. Aspen Aerogels had a negative return on equity of 19.23% and a negative net margin of 17.14%. equities analysts expect that Aspen Aerogels will post -0.91 earnings per share for the current fiscal year.
About Aspen Aerogels
Aspen Aerogels, Inc, an aerogel technology company, designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and building materials markets worldwide. The company provides Pyrogel XT-E that reduces the risk of corrosion under insulation in energy infrastructure operating systems; Pyrogel HPS for applications within the power generation market with operating temperatures greater than 400 C; Pyrogel XTF to provide strong 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.
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