In recent trading session, Aspen Aerogels Inc (NYSE:ASPN) saw 3.15 million shares changing hands at last check today with its beta currently measuring 2.17. Company’s recent per share price level of $17.38 trading at $0.52 or 3.05% at last check today assigns it a market valuation of $1.41B. That most recent trading price of ASPN’s stock is at a discount of -90.74% from its 52-week high price of $33.15 and is indicating a premium of 49.6% from its 52-week low price of $8.76. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.77 million shares which gives us an average trading volume of 2.36 million if we extend that period to 3-months.
For Aspen Aerogels Inc (ASPN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.09. Splitting up the data highlights that, out of 10 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.02 in the current quarter.
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Aspen Aerogels Inc (NYSE:ASPN) trade information
Upright in the green today for gaining 3.05%, in the last five days ASPN remained trading in the red while hitting it’s week-highest on Monday, 11/04/24 when the stock touched $17.38 price level, adding 8.28% to its value on the day. Aspen Aerogels Inc’s shares saw a change of 10.11% in year-to-date performance and have moved -2.61% in past 5-day. Aspen Aerogels Inc (NYSE:ASPN) showed a performance of -23.46% in past 30-days. Number of shares sold short was 8.52 million shares which calculate 4.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 32 to the stock, which implies a rise of 45.69% to its recent value today. Analysts have been projecting 18 as a low price target for the stock while placing it at a high target of 38. It follows that stock’s current price would drop -3.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -3.57% for stock’s current value.
Aspen Aerogels Inc (ASPN) estimates and forecasts
Statistics highlight that Aspen Aerogels Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -34.95% of value to its shares in past 6 months, showing an annual growth rate of 115.15% while that of industry is 4.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 74.20% from the last financial year’s standing.
11 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 94.05M for the same. And 7 analysts are in estimates of company making revenue of 102.71M in the next quarter. Company posted 84.22M and 75M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 14.58% during past 5 years.
Aspen Aerogels Inc (NYSE:ASPN)’s Major holders
Insiders are in possession of 16.61% of company’s total shares while institution are holding 76.78 percent of that, with stock having share float percentage of 92.07%. Investors also watch the number of corporate investors in a company very closely, which is 76.78% institutions for Aspen Aerogels Inc that are currently holding shares of the company. KIM, LLC is the top institutional holder at ASPN for having 12.28 million shares of worth $292.89 million. And as of 2024-06-30, it was holding 16.209 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 4.49 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.9295 of outstanding shares, having a total worth of $107.14 million.
