Aegion Corp (NASDAQ:AEGN) released its quarterly earnings data on Tuesday, August 1st. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.41 by $0.08, Bloomberg Earnings reports. Aegion Corp had a return on equity of 7.52% and a net margin of 3.57%. The business had revenue of $354.47 million during the quarter, compared to the consensus estimate of $351.51 million. During the same quarter in the previous year, the business posted $0.23 earnings per share. Aegion Corp’s quarterly revenue was up 18.9% compared to the same quarter last year.
Aegion Corp (AEGN) traded up 0.54% during midday trading on Friday, hitting $20.42. The company’s stock had a trading volume of 261,045 shares. Aegion Corp has a one year low of $17.18 and a one year high of $26.68. The company’s 50-day moving average is $22.25 and its 200 day moving average is $22.02. The company has a market cap of $644.21 million, a price-to-earnings ratio of 15.07 and a beta of 1.67.
AEGN has been the subject of several research analyst reports. Canaccord Genuity reiterated a “buy” rating and issued a $30.00 price objective on shares of Aegion Corp in a report on Friday, April 21st. Hilliard Lyons downgraded Aegion Corp from a “buy” rating to a “neutral” rating in a report on Monday, May 1st. Craig Hallum upgraded Aegion Corp from a “hold” rating to a “buy” rating in a research note on Tuesday, May 23rd. Sidoti downgraded Aegion Corp from a “buy” rating to a “neutral” rating in a research note on Tuesday. Finally, TheStreet downgraded Aegion Corp from a “b” rating to a “c” rating in a research note on Monday, June 5th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $23.17.
About Aegion Corp
Aegion Corporation (Aegion) is engaged in providing infrastructure protection and maintenance. The Company operates through three segments: Infrastructure Solutions, Corrosion Protection and Energy Services. The Company offers service solutions, including rehabilitation of water and wastewater pipelines with Insituform cured-in-place pipe (CIPP) products; fusible polyvinyl chloride products for rehabilitation; fiber reinforced polymer systems for rehabilitation and strengthening; cathodic protection for corrosion engineering control and infrastructure rehabilitation; pipe coatings for corrosion control and prevention; high density polyethylene (HDPE) pipe lining for corrosion control, abrasion protection and pipeline rehabilitation, and construction and maintenance of oil and gas facilities.
What are top analysts saying about Aegion Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Aegion Corp and related companies.