Aegion Corp (NASDAQ:AEGN) has been given an average rating of “Hold” by the seven analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $29.00.

Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of Aegion from a “buy” rating to a “hold” rating in a research report on Tuesday, July 24th. BidaskClub upgraded shares of Aegion from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 22nd. Stifel Nicolaus boosted their target price on shares of Aegion from $28.00 to $29.00 and gave the company a “hold” rating in a research report on Monday, August 6th. Canaccord Genuity restated a “buy” rating and issued a $27.00 target price on shares of Aegion in a research report on Thursday, August 2nd. Finally, ValuEngine upgraded shares of Aegion from a “hold” rating to a “buy” rating in a research report on Friday, August 3rd.

A number of hedge funds have recently added to or reduced their stakes in AEGN. Royal Bank of Canada increased its position in Aegion by 123.1% during the 1st quarter. Royal Bank of Canada now owns 7,139 shares of the construction company’s stock worth $164,000 after purchasing an additional 3,939 shares in the last quarter. Xact Kapitalforvaltning AB acquired a new position in Aegion in the 1st quarter valued at approximately $207,000. Bank of Montreal Can acquired a new position in Aegion in the 2nd quarter valued at approximately $123,000. Foundry Partners LLC increased its position in Aegion by 5.0% in the 2nd quarter. Foundry Partners LLC now owns 422,195 shares of the construction company’s stock valued at $10,872,000 after acquiring an additional 20,076 shares during the period. Finally, Piedmont Investment Advisors LLC acquired a new position in Aegion in the 2nd quarter valued at approximately $194,000. Institutional investors and hedge funds own 94.07% of the company’s stock.

NASDAQ AEGN traded up $0.31 during trading on Friday, reaching $19.10. The company’s stock had a trading volume of 2,189 shares, compared to its average volume of 185,021. The company has a quick ratio of 1.89, a current ratio of 2.17 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $607.18 million, a P/E ratio of 18.42, a P/E/G ratio of 1.62 and a beta of 2.01. Aegion has a 12 month low of $18.26 and a 12 month high of $28.19.

Aegion (NASDAQ:AEGN) last posted its quarterly earnings data on Tuesday, October 30th. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.02). The business had revenue of $339.68 million during the quarter, compared to the consensus estimate of $344.25 million. Aegion had a negative net margin of 0.55% and a positive return on equity of 7.42%. Equities analysts expect that Aegion will post 1.16 EPS for the current year.

About Aegion

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.

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