Aegion Corp (AEGN) Earning Positive Media Coverage, Study Finds

Media stories about Aegion Corp (NASDAQ:AEGN) have been trending positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aegion Corp earned a news impact score of 0.35 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

AEGN has been the subject of a number of recent research reports. BidaskClub upgraded shares of Aegion Corp from a “sell” rating to a “hold” rating in a research note on Saturday, July 8th. Canaccord Genuity reiterated a “buy” rating and issued a $26.00 price target on shares of Aegion Corp in a research note on Thursday. Hilliard Lyons downgraded shares of Aegion Corp from a “buy” rating to a “neutral” rating in a research note on Monday, May 1st. TheStreet downgraded shares of Aegion Corp from a “b” rating to a “c” rating in a research note on Monday, June 5th. Finally, Zacks Investment Research upgraded shares of Aegion Corp from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 10th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $23.17.

Aegion Corp (NASDAQ AEGN) traded up 0.54% during mid-day trading on Friday, reaching $20.42. 261,045 shares of the company’s stock were exchanged. Aegion Corp has a 52 week low of $17.18 and a 52 week high of $26.68. The company’s 50 day moving average price is $22.25 and its 200-day moving average price is $22.03. The company has a market capitalization of $644.21 million, a P/E ratio of 15.07 and a beta of 1.67.

Aegion Corp (NASDAQ:AEGN) last released its earnings results on Tuesday, August 1st. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by $0.08. Aegion Corp had a return on equity of 7.52% and a net margin of 3.57%. The firm had revenue of $354.47 million for the quarter, compared to analyst estimates of $351.51 million. During the same period in the previous year, the firm earned $0.23 earnings per share. Aegion Corp’s revenue was up 18.9% on a year-over-year basis. On average, equities research analysts expect that Aegion Corp will post $1.19 earnings per share for the current fiscal year.

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Aegion Corp Company Profile

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.

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