Aegion (AEGN) Getting Somewhat Favorable Media Coverage, Accern Reports
Press coverage about Aegion (NASDAQ:AEGN) has trended somewhat positive on Sunday, according to Accern. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aegion earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news articles about the construction company an impact score of 47.2873343037391 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Aegion (AEGN) Divests Pipe Coating & Insulation Unit, Bayou (finance.yahoo.com)
- Brokerages Expect Aegion Corp (AEGN) Will Announce Quarterly Sales of $344.25 Million (americanbankingnews.com)
- Aegion completes sale of its Bayou pipe coating and insulation business (seekingalpha.com)
- Altamont acquires Bayou (pehub.com)
- Aegion Corporation Completes Sale of Its Bayou Pipe Coating and Insulation Business (nasdaq.com)
NASDAQ:AEGN traded up $0.29 during mid-day trading on Friday, hitting $24.62. 83,687 shares of the stock were exchanged, compared to its average volume of 61,446. The stock has a market cap of $802.44 million, a P/E ratio of 23.90, a PEG ratio of 1.82 and a beta of 1.73. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.63. Aegion has a fifty-two week low of $19.81 and a fifty-two week high of $28.19.
AEGN has been the subject of a number of recent analyst reports. ValuEngine raised Aegion from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd. Canaccord Genuity reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Aegion in a research report on Thursday, August 2nd. Zacks Investment Research raised Aegion from a “hold” rating to a “buy” rating and set a $29.00 price objective for the company in a research report on Tuesday, July 3rd. BidaskClub raised Aegion from a “hold” rating to a “buy” rating in a research report on Monday, June 18th. Finally, Stifel Nicolaus lifted their price target on Aegion from $28.00 to $29.00 and gave the stock a “hold” rating in a report on Monday, August 6th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.75.
Aegion Company Profile
Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure worldwide. 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 companies.
Recommended Story: Short Selling – Explanation For Shorting Stocks
Receive News & Ratings for Aegion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegion and related companies with MarketBeat.com's FREE daily email newsletter.