Aspen Aerogels Inc. [ASPN] stock prices are up 4.67% to $19.72 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ASPN shares have lost -2.67% over the last week, with a monthly amount drifted -17.46%, and not 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 August 06, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $27. Previously, ROTH MKM started tracking the stock with Buy rating on March 06, 2024, and set its price target to $22. On March 20, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $14 on the stock. The Benchmark Company initiated its recommendation with a Buy and recommended $70 as its price target on December 10, 2021. Cowen started tracking with a Outperform rating for this stock on October 14, 2021, and assigned it a price target of $8. In a note dated September 10, 2021, Piper Sandler initiated an Overweight rating and provided a target price of $58 on this stock.
The stock price of Aspen Aerogels Inc. [ASPN] has been fluctuating between $5.32 and $31.74 over the past year. Currently, Wall Street analysts expect the stock to reach $31.5 within the next 12 months. Aspen Aerogels Inc. [NYSE: ASPN] shares were valued at $19.72 at the most recent close of the market. An investor can expect a potential return of 59.74% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
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 19.07 points at the first support level, and at 18.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.38, and for the 2nd resistance point, it is at 21.05.
Ratios To Look Out For
It’s worth pointing out that Aspen Aerogels Inc. [NYSE:ASPN]’s Current Ratio is 4.01. As well, the Quick Ratio is 3.29, while the Cash Ratio is 1.6. Considering the valuation of this stock, the price to sales ratio is 5.22, the price to book ratio is 3.05.
Transactions by insiders
Recent insider trading involved Young Donald R, President and CEO, that happened on May 29 ’24 when 0.18 million shares were sold. President and CEO, Young Donald R completed a deal on May 28 ’24 to sell 0.26 million shares. Meanwhile, Director Kool Kathleen sold 4470.0 shares on May 22 ’24.
