Aspen Aerogels Inc. [ASPN] stock prices are up 7.54% to $29.67 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ASPN shares have gain 11.17% over the last week, with a monthly amount glided 88.86%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Aspen Aerogels Inc. [NYSE: ASPN] stock has seen the most recent analyst activity on March 06, 2024, when ROTH MKM initiated its Buy rating and assigned the stock a price target of $22. Previously, The Benchmark Company upgraded its rating to Buy on March 20, 2023, and kept the price target unchanged to $14. The Benchmark Company started tracking the stock assigning a Buy rating and suggested a price target of $70 on December 10, 2021. Cowen initiated its recommendation with a Outperform and recommended $8 as its price target on October 14, 2021. Piper Sandler started tracking with a Overweight rating for this stock on September 10, 2021, and assigned it a price target of $58. In a note dated August 17, 2021, Oppenheimer initiated an Outperform rating and provided a target price of $51 on this stock.
The stock price of Aspen Aerogels Inc. [ASPN] has been fluctuating between $5.32 and $27.91 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Aspen Aerogels Inc. [NYSE: ASPN] shares were valued at $29.67 at the most recent close of the market. An investor can expect a potential drop of -5.63% based on the average ASPN price forecast.
Analyzing the ASPN fundamentals
The Aspen Aerogels Inc. [NYSE:ASPN] reported sales of 287.63M for trailing twelve months, representing a surge of 107.30%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.11%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.07 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.28 points at the first support level, and at 26.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.37, and for the 2nd resistance point, it is at 31.08.
Ratios To Look Out For
It’s worth pointing out that Aspen Aerogels Inc. [NYSE:ASPN]’s Current Ratio is 4.01. On the other hand, the Quick Ratio is 3.29, and the Cash Ratio is 1.6. Considering the valuation of this stock, the price to sales ratio is 7.86, the price to book ratio is 4.60.
Transactions by insiders
Recent insider trading involved Kool Kathleen, Director, that happened on May 22 ’24 when 4470.0 shares were sold. 10% Owner, Wood River Capital, LLC completed a deal on May 14 ’24 to sell 3.5 million shares. Meanwhile, SVP, Technology SCHILLING KEITH L sold 20000.0 shares on May 13 ’24.
