Aspen Aerogels, Inc. (NYSE:ASPN – Get Free Report) has been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $5.94.
A number of analysts have recently issued reports on the company. Wall Street Zen upgraded Aspen Aerogels from a “sell” rating to a “hold” rating in a research report on Saturday. Weiss Ratings restated a “sell (d-)” rating on shares of Aspen Aerogels in a research report on Monday, September 21st. Roth Capital reaffirmed a “buy” rating and issued a $7.75 target price on shares of Aspen Aerogels in a research note on Friday, August 7th. Barclays raised their target price on shares of Aspen Aerogels from $4.00 to $5.00 and gave the company an “underweight” rating in a research note on Tuesday, August 11th. Finally, B. Riley Financial reissued a “buy” rating on shares of Aspen Aerogels in a research note on Friday, August 7th.
Read Our Latest Report on ASPN
Insider Transactions at Aspen Aerogels
In other news, major shareholder Wood River Capital, Llc sold 12,280,426 shares of the stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of $4.73, for a total transaction of $58,086,414.98. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.96% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several large investors have recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Aspen Aerogels during the 2nd quarter valued at $33,457,000. Oaktop Capital Management II L.P. bought a new stake in Aspen Aerogels in the second quarter worth $32,769,000. George Kaiser Family Foundation bought a new stake in Aspen Aerogels in the second quarter worth $20,081,000. Rice Hall James & Associates LLC bought a new stake in Aspen Aerogels in the second quarter worth $10,368,000. Finally, Deutsche Bank AG purchased a new stake in Aspen Aerogels during the second quarter valued at about $2,359,000. 97.64% of the stock is owned by hedge funds and other institutional investors.
Aspen Aerogels Trading Down 6.1%
NYSE:ASPN opened at $5.06 on Friday. The company has a market cap of $419.93 million, a P/E ratio of -3.31 and a beta of 3.06. The stock’s fifty day moving average price is $5.25 and its two-hundred day moving average price is $4.67. Aspen Aerogels has a 1 year low of $2.30 and a 1 year high of $8.56. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.52 and a quick ratio of 2.24.
Aspen Aerogels (NYSE:ASPN – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The construction company reported ($0.22) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. Aspen Aerogels had a negative return on equity of 31.12% and a negative net margin of 62.45%. The business had revenue of $49.85 million for the quarter, compared to analysts’ expectations of $42.42 million. Aspen Aerogels has set its Q3 2026 guidance at -0.110–0.070 EPS. As a group, analysts expect that Aspen Aerogels will post -0.69 EPS for the current year.
Aspen Aerogels Company Profile
Aspen Aerogels, Inc is an advanced materials company that develops, manufactures and sells aerogel-based products. Aerogels are highly porous materials used for thermal management, insulation and protection. The company serves customers in the energy, industrial, transportation and building materials markets.
Its product portfolio includes thermal barriers designed to help protect electric vehicle batteries from thermal runaway, as well as insulation products for industrial, energy infrastructure and building applications.
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