Aegion Corp – Class A Given Average Recommendation of “Hold” by Analysts (NASDAQ:AEGN)
Aegion Corp – Class A (NASDAQ:AEGN) has been given a consensus recommendation of “Hold” by the nine ratings firms that are covering the company, Analyst Ratings.Net reports. Six investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $25.63.
Several analysts have recently commented on the stock. Analysts at Sidoti & Co. downgraded shares of Aegion Corp – Class A from a “buy” rating to a “neutral” rating in a research note on Wednesday. They now have a $27.00 price target on the stock. Separately, analysts at Sidoti downgraded shares of Aegion Corp – Class A from a “buy” rating to a “neutral” rating in a research note on Wednesday. Finally, analysts at DA Davidson initiated coverage on shares of Aegion Corp – Class A in a research note on Wednesday, April 9th. They set a “buy” rating and a $30.00 price target on the stock. They noted that the move was a valuation call.
Shares of Aegion Corp – Class A (NASDAQ:AEGN) traded up 0.21% on Thursday, hitting $24.01. 89,680 shares of the company’s stock traded hands. Aegion Corp – Class A has a 52 week low of $19.14 and a 52 week high of $25.46. The stock has a 50-day moving average of $24.30 and a 200-day moving average of $22.17. The company has a market cap of $898.6 million and a P/E ratio of 21.11.
Aegion Corp – Class A (NASDAQ:AEGN) last announced its earnings results on Tuesday, February 25th. The company reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.01. During the same quarter in the previous year, the company posted $0.39 earnings per share. Analysts expect that Aegion Corp – Class A will post $1.59 EPS for the current fiscal year.
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