Aegion (NASDAQ:AEGN)‘s stock had its “hold” rating restated by investment analysts at Stifel Nicolaus in a research report issued to clients and investors on Thursday. They currently have a $26.00 price objective on the construction company’s stock. Stifel Nicolaus’ price target indicates a potential upside of 1.72% from the stock’s previous close.

Several other equities research analysts also recently issued reports on the company. Craig Hallum downgraded Aegion from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Zacks Investment Research upgraded Aegion from a “sell” rating to a “hold” rating in a research report on Wednesday, November 8th. Hilliard Lyons upgraded Aegion from a “neutral” rating to a “buy” rating and set a $26.00 target price on the stock in a research report on Wednesday, October 4th. Canaccord Genuity increased their target price on Aegion from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Finally, BidaskClub upgraded Aegion from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 16th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $26.33.

Aegion (NASDAQ AEGN) opened at $25.56 on Thursday. Aegion has a twelve month low of $19.11 and a twelve month high of $28.19. The firm has a market capitalization of $822.93, a price-to-earnings ratio of 19.77, a price-to-earnings-growth ratio of 1.86 and a beta of 1.76. The company has a current ratio of 2.36, a quick ratio of 2.09 and a debt-to-equity ratio of 0.65.

Aegion (NASDAQ:AEGN) last posted its earnings results on Wednesday, November 1st. The construction company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.06. The firm had revenue of $341.87 million for the quarter, compared to the consensus estimate of $328.98 million. Aegion had a positive return on equity of 7.62% and a negative net margin of 3.03%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. equities research analysts predict that Aegion will post 1.09 EPS for the current year.

In related news, EVP David F. Morris sold 9,239 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $28.05, for a total value of $259,153.95. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO David A. Martin sold 10,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $24.00, for a total value of $240,000.00. Following the completion of the sale, the chief financial officer now owns 101,430 shares in the company, valued at approximately $2,434,320. The disclosure for this sale can be found here. Corporate insiders own 3.62% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its position in shares of Aegion by 10.1% in the second quarter. Public Employees Retirement System of Ohio now owns 4,643 shares of the construction company’s stock worth $102,000 after buying an additional 426 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in shares of Aegion in the third quarter worth $131,000. SG Americas Securities LLC purchased a new stake in shares of Aegion in the third quarter worth $133,000. Eqis Capital Management Inc. purchased a new stake in shares of Aegion in the third quarter worth $210,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Aegion in the third quarter worth $240,000. Institutional investors own 92.99% of the company’s stock.

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About Aegion

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.

Analyst Recommendations for Aegion (NASDAQ:AEGN)

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