During the last session, Aspen Aerogels Inc (NYSE:ASPN)’s traded shares were 2.21 million, with the beta value of the company hitting 2.17. At the end of the trading day, the stock’s price was $17.84, reflecting an intraday loss of -1.87% or -$0.34. The 52-week high for the ASPN share is $33.15, that puts it down -85.82 from that peak though still a striking 58.69% gain since the share price plummeted to a 52-week low of $7.37. The company’s market capitalization is $1.45B, and the average intraday trading volume over the past 10 days was 3.04 million shares, and the average trade volume was 2.26 million shares over the past three months.
Aspen Aerogels Inc (ASPN) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.09. ASPN has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.08.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Aspen Aerogels Inc (NYSE:ASPN) trade information
Aspen Aerogels Inc (ASPN) registered a -1.87% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.87% in intraday trading to $17.84, hitting a weekly high. The stock’s 5-day price performance is -8.04%, and it has moved by -28.67% in 30 days. Based on these gigs, the overall price performance for the year is 131.09%. The short interest in Aspen Aerogels Inc (NYSE:ASPN) is 8.52 million shares and it means that shorts have 4.06 day(s) to cover.
The consensus price target of analysts on Wall Street is $32, which implies an increase of 44.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $18 and $38 respectively. As a result, ASPN is trading at a discount of -113.0% off the target high and -0.9% off the low.
Aspen Aerogels Inc (ASPN) estimates and forecasts
Statistics show that Aspen Aerogels Inc has outperformed its competitors in share price, compared to the industry in which it operates. Aspen Aerogels Inc (ASPN) shares have gone down -25.20% during the last six months, with a year-to-date growth rate more than the industry average at 121.21% against 7.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 57.90% this quarter and then jump 300.00% in the quarter after that. In the rating firms’ projections, revenue will increase 74.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 109.36M as predicted by 11 analyst(s). Meanwhile, a consensus of 11 analyst(s) estimates revenue growth to 94.05M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 51.84M and 84.22M respectively. In this case, analysts expect current quarter sales to grow by 111.00% and then jump by 11.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 14.58%. While earnings are projected to return 123.03% in 2024.
ASPN Dividends
Aspen Aerogels Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Aspen Aerogels Inc (NYSE:ASPN)’s Major holders
Aspen Aerogels Inc insiders own 16.61% of total outstanding shares while institutional holders control 75.86%, with the float percentage being 90.96%. KIM, LLC is the largest shareholder of the company, while 314.0 institutions own stock in it. As of 2024-06-30, the company held over 12.28 million shares (or 16.209% of all shares), a total value of $292.89 million in shares.
The next largest institutional holding, with 4.49 million shares, is of BLACKROCK INC.’s that is approximately 5.9295% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $107.14 million.
