Aspen Aerogels Inc (NYSE:ASPN) Shares Plunged -30.64% In A Week – But Will They Keep Going Up?

NOVA

In last trading session, Aspen Aerogels Inc (NYSE:ASPN) saw 2.36 million shares changing hands with its beta currently measuring 2.21. Company’s recent per share price level of $8.15 trading at -$0.15 or -1.81% at ring of the bell on the day assigns it a market valuation of $668.68M. That closing price of ASPN’s stock is at a discount of -306.75% from its 52-week high price of $33.15 and is indicating a discount of -1.23% from its 52-week low price of $8.25.

For Aspen Aerogels Inc (ASPN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.33. 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.

Aspen Aerogels Inc (NYSE:ASPN) trade information

Upright in the red during last session for losing -1.81%, in the last five days ASPN remained trading in the red while hitting it’s week-highest on Thursday, 02/13/25 when the stock touched $8.15 price level, adding 17.01% to its value on the day. Aspen Aerogels Inc’s shares saw a change of -31.40% in year-to-date performance and have moved -30.64% in past 5-day. Aspen Aerogels Inc (NYSE:ASPN) showed a performance of -30.04% in past 30-days.

Wall Street analysts have assigned a consensus price target of 33 to the stock, which implies a rise of 75.3% to its current value. Analysts have been projecting 33 as a low price target for the stock while placing it at a high target of 33. It follows that stock’s current price would drop -304.91% in reaching the projected high whereas dropping to the targeted low would mean a loss of -304.91% for stock’s current value.

In 2025, company’s earnings growth rate is likely to be around -16.99% while estimates for its earnings growth in next 5 years are of 81.51%.

Aspen Aerogels Inc (NYSE:ASPN)’s Major holders

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 16.0872 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.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 2.41 shares of worth $19.68 million or 2.94% of the total outstanding shares. The later fund manager was in possession of 1.63 shares on Nov 30, 2024 , making its stake of worth around $13.29 million in the company or a holder of 1.99% of company’s stock.