Press coverage about Aegion (NASDAQ:AEGN) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news 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 news sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.9528694470921 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment’s analysis:
Several equities analysts recently weighed in on the company. Zacks Investment Research lowered Aegion from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. BidaskClub lowered Aegion from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. ValuEngine upgraded Aegion from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, DA Davidson restated a “neutral” rating on shares of Aegion in a research note on Thursday, March 1st. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $26.75.
Shares of Aegion stock opened at $23.91 on Tuesday. The company has a quick ratio of 2.00, a current ratio of 2.24 and a debt-to-equity ratio of 0.63. Aegion has a twelve month low of $19.11 and a twelve month high of $28.19. The stock has a market capitalization of $806.04, a P/E ratio of 23.21, a price-to-earnings-growth ratio of 1.46 and a beta of 1.69.
Aegion (NASDAQ:AEGN) last announced its quarterly earnings results on Wednesday, February 28th. The construction company reported $0.20 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.03). Aegion had a negative net margin of 5.37% and a positive return on equity of 6.32%. The business had revenue of $337.50 million during the quarter, compared to analysts’ expectations of $332.50 million. analysts forecast that Aegion will post 1.36 earnings per share for the current fiscal year.
In related news, CEO Charles R. Gordon sold 20,000 shares of Aegion stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $23.36, for a total value of $467,200.00. Following the sale, the chief executive officer now directly owns 306,802 shares in the company, valued at approximately $7,166,894.72. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Michael D. White sold 4,141 shares of Aegion stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $23.36, for a total value of $96,733.76. The disclosure for this sale can be found here. Insiders own 3.37% of the company’s stock.
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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.
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