Equities research analysts expect Aegion Corp (NASDAQ:AEGN) to post $318.40 million in sales for the current quarter, according to Zacks. Two analysts have made estimates for Aegion’s earnings. The highest sales estimate is $321.80 million and the lowest is $315.00 million. Aegion reported sales of $335.03 million in the same quarter last year, which indicates a negative year-over-year growth rate of 5%. The company is expected to issue its next quarterly earnings results on Wednesday, August 7th.

On average, analysts expect that Aegion will report full-year sales of $1.26 billion for the current financial year, with estimates ranging from $1.24 billion to $1.29 billion. For the next year, analysts expect that the firm will report sales of $1.30 billion, with estimates ranging from $1.27 billion to $1.33 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side analysts that that provide coverage for Aegion.

Aegion (NASDAQ:AEGN) last posted its quarterly earnings data on Wednesday, May 1st. The construction company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.04). Aegion had a return on equity of 7.76% and a net margin of 0.08%. The firm had revenue of $276.90 million during the quarter, compared to analysts’ expectations of $303.85 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. Aegion’s revenue for the quarter was down 14.8% compared to the same quarter last year.

A number of research firms have recently issued reports on AEGN. BidaskClub cut Aegion from a “buy” rating to a “hold” rating in a report on Friday, May 17th. ValuEngine upgraded Aegion from a “sell” rating to a “hold” rating in a report on Monday, April 29th. Maxim Group reiterated a “hold” rating and issued a $17.00 price objective on shares of Aegion in a report on Tuesday, April 16th. Finally, Zacks Investment Research upgraded Aegion from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $25.50.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEGN. Quantamental Technologies LLC lifted its stake in shares of Aegion by 207.0% in the 1st quarter. Quantamental Technologies LLC now owns 2,109 shares of the construction company’s stock valued at $37,000 after acquiring an additional 1,422 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Aegion by 14.0% in the 4th quarter. Bank of Montreal Can now owns 5,432 shares of the construction company’s stock valued at $88,000 after acquiring an additional 668 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in shares of Aegion by 78.6% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,532 shares of the construction company’s stock valued at $109,000 after acquiring an additional 2,875 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of Aegion by 153.6% in the 1st quarter. BNP Paribas Arbitrage SA now owns 7,413 shares of the construction company’s stock valued at $130,000 after acquiring an additional 4,490 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new stake in shares of Aegion in the 4th quarter valued at about $150,000. 95.34% of the stock is owned by institutional investors.

Shares of AEGN traded down $0.06 during midday trading on Tuesday, reaching $14.40. The stock had a trading volume of 177,898 shares, compared to its average volume of 152,367. Aegion has a 12-month low of $14.12 and a 12-month high of $26.80. The company has a current ratio of 2.09, a quick ratio of 1.83 and a debt-to-equity ratio of 0.75. The stock has a market capitalization of $453.21 million, a P/E ratio of 12.10, a PEG ratio of 1.23 and a beta of 1.87.

Aegion Company Profile

Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure in the United States, Canada, Europe, and internationally. It operates through three segments: Infrastructure Solutions, Corrosion Protection, and Energy Services. The company offers various solutions for rehabilitating and maintaining aging or deteriorating infrastructure; protecting new infrastructure from corrosion; and providing integrated professional services in engineering, procurement, construction, maintenance, and turnaround services for oil and natural gas companies.

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Earnings History and Estimates for Aegion (NASDAQ:AEGN)

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