Aspen Aerogels (ASPN) to Release Earnings on Wednesday

Aspen Aerogels (NYSE:ASPN) is anticipated to announce its earnings results after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $120.80 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Aspen Aerogels Stock Performance

Shares of ASPN stock opened at $11.59 on Wednesday. The company has a market capitalization of $950.55 million, a P/E ratio of 1,159.66 and a beta of 2.14. Aspen Aerogels has a 12-month low of $10.67 and a 12-month high of $33.15. The business’s 50 day moving average is $12.75 and its two-hundred day moving average is $19.14. The company has a current ratio of 2.93, a quick ratio of 2.48 and a debt-to-equity ratio of 0.27.

Analysts Set New Price Targets

Several equities research analysts recently commented on ASPN shares. Canaccord Genuity Group cut their price target on shares of Aspen Aerogels from $28.00 to $20.00 and set a “buy” rating for the company in a report on Thursday, January 16th. StockNews.com upgraded shares of Aspen Aerogels to a “sell” rating in a research report on Wednesday, November 13th. Roth Mkm cut their price objective on shares of Aspen Aerogels from $36.00 to $31.00 and set a “buy” rating for the company in a report on Friday, November 8th. Barclays lowered their target price on Aspen Aerogels from $27.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, November 12th. Finally, HC Wainwright reissued a “buy” rating and set a $30.00 price objective on shares of Aspen Aerogels in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $29.11.

About Aspen Aerogels

Aspen Aerogels, Inc designs, develops, manufactures, and sells aerogel insulation products primarily for use in the energy infrastructure and sustainable insulation materials markets in the United States, Asia, Canada, Europe, and Latin America. It operates in two segments, Energy Industrial and Thermal Barrier.