Somewhat Favorable News Coverage Somewhat Unlikely to Affect Aegion Corp (AEGN) Share Price
Headlines about Aegion Corp (NASDAQ:AEGN) have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aegion Corp earned a news impact score of 0.14 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 45.8356199211742 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of equities research analysts have weighed in on AEGN shares. TheStreet upgraded Aegion Corp from a “c+” rating to a “b” rating in a report on Tuesday, August 1st. Canaccord Genuity restated a “buy” rating and set a $26.00 price objective on shares of Aegion Corp in a report on Thursday, August 10th. BidaskClub upgraded Aegion Corp from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd. ValuEngine upgraded Aegion Corp from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th. Finally, Zacks Investment Research upgraded Aegion Corp from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 11th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $23.17.
Shares of Aegion Corp (NASDAQ:AEGN) opened at 23.28 on Friday. The company has a market cap of $734.44 million, a P/E ratio of 17.18 and a beta of 1.66. The stock’s 50 day moving average price is $21.08 and its 200 day moving average price is $21.63. Aegion Corp has a 12-month low of $17.85 and a 12-month high of $26.68.
Aegion Corp (NASDAQ:AEGN) last announced its earnings results on Tuesday, August 1st. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate 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 during the quarter, compared to the consensus estimate of $351.51 million. During the same period in the prior year, the company posted $0.23 EPS. The firm’s revenue was up 18.9% on a year-over-year basis. On average, analysts forecast that Aegion Corp will post $1.18 EPS for the current year.
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.
Receive News & Ratings for Aegion Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegion Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.