The stock of Aspen Aerogels Inc (NYSE: ASPN) has increased by 4.57 when compared to last closing price of 12.97.Despite this, the company has seen a loss of -0.42% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-01 that I find Aspen’s 93% YoY revenue growth in Q3 2024 quite impressive, driven entirely by organic demand for PyroThin thermal barriers, with revenue guidance raised significantly this year. Gross margins climbed to 42% in the past quarter, while adj. EBITDA is projected to reach $90M in FY2024. Management’s debt refinancing decision reduces dilution risks in the long term, a move I highly favor, despite the recent public offering.
Is It Worth Investing in Aspen Aerogels Inc (NYSE: ASPN) Right Now?
The price-to-earnings ratio for Aspen Aerogels Inc (NYSE: ASPN) is 1210.98x, which is above its average ratio. Moreover, the 36-month beta value for ASPN is 2.11. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ASPN is 80.71M and currently, short sellers hold a 11.29% of that float. On December 18, 2024, ASPN’s average trading volume was 2.54M shares.
ASPN’s Market Performance
ASPN’s stock has seen a -0.42% decrease for the week, with a -6.46% drop in the past month and a -52.84% fall in the past quarter. The volatility ratio for the week is 3.57%, and the volatility levels for the past 30 days are at 5.13% for Aspen Aerogels Inc. The simple moving average for the past 20 days is -2.61% for ASPN’s stock, with a -37.71% simple moving average for the past 200 days.
Analysts’ Opinion of ASPN
Many brokerage firms have already submitted their reports for ASPN stocks, with Barclays repeating the rating for ASPN by listing it as a “Overweight.” The predicted price for ASPN in the upcoming period, according to Barclays is $27 based on the research report published on August 06, 2024 of the current year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see ASPN reach a price target of $22. The rating they have provided for ASPN stocks is “Buy” according to the report published on March 06th, 2024.
The Benchmark Company gave a rating of “Buy” to ASPN, setting the target price at $14 in the report published on March 20th of the previous year.
ASPN Trading at -19.86% from the 50-Day Moving Average
After a stumble in the market that brought ASPN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.09% of loss for the given period.
Volatility was left at 5.13%, however, over the last 30 days, the volatility rate increased by 3.57%, as shares sank -3.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -39.40% lower at present.
During the last 5 trading sessions, ASPN fell by -0.33%, which changed the moving average for the period of 200-days by -16.92% in comparison to the 20-day moving average, which settled at $13.93. In addition, Aspen Aerogels Inc saw -14.05% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ASPN starting from Young Donald R, who sale 63,355 shares at the price of $30.03 back on Sep 30 ’24. After this action, Young Donald R now owns 483,640 shares of Aspen Aerogels Inc, valued at $1,902,551 using the latest closing price.
Donald R. Young, the President, CEO, Director of Aspen Aerogels Inc, proposed sale 134,629 shares at $27.62 during a trade that took place back on Sep 30 ’24, which means that Donald R. Young is holding shares at $3,718,452 based on the most recent closing price.
Stock Fundamentals for ASPN
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.4 for the gross margin
The net margin for Aspen Aerogels Inc stands at 0.0. The total capital return value is set at 0.06. Equity return is now at value 0.33, with 0.22 for asset returns.
Based on Aspen Aerogels Inc (ASPN), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is 3.64.
Currently, EBITDA for the company is -22.31 million with net debt to EBITDA at 0.66. When we switch over and look at the enterprise to sales, we see a ratio of 2.91. The receivables turnover for the company is 3.59for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.93.
Conclusion
To wrap up, the performance of Aspen Aerogels Inc (ASPN) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
