Equities analysts predict that Aegion Corp (NASDAQ:AEGN) will announce earnings per share (EPS) of $0.42 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Aegion Corp’s earnings, with the lowest EPS estimate coming in at $0.39 and the highest estimate coming in at $0.44. Aegion Corp reported earnings per share of $0.23 in the same quarter last year, which would indicate a positive year over year growth rate of 82.6%. The business is expected to report its next earnings report after the market closes on Tuesday, August 1st.

According to Zacks, analysts expect that Aegion Corp will report full-year earnings of $1.33 per share for the current year, with EPS estimates ranging from $1.24 to $1.42. For the next fiscal year, analysts anticipate that the company will report earnings of $1.40 per share, with EPS estimates ranging from $1.30 to $1.50. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Aegion Corp.

Aegion Corp (NASDAQ:AEGN) last issued its quarterly earnings data on Tuesday, May 2nd. The construction company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by $0.01. The company had revenue of $325.18 million for the quarter, compared to the consensus estimate of $319.43 million. Aegion Corp had a return on equity of 7.07% and a net margin of 3.12%.

AEGN has been the subject of a number of recent analyst reports. Canaccord Genuity restated a “buy” rating and issued a $30.00 price objective on shares of Aegion Corp in a report on Friday, April 21st. Hilliard Lyons downgraded shares of Aegion Corp from a “buy” rating to a “neutral” rating in a research report on Monday, May 1st. Craig Hallum raised shares of Aegion Corp from a “hold” rating to a “buy” rating in a research report on Tuesday, May 23rd. Zacks Investment Research raised shares of Aegion Corp from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 10th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $23.50 price objective on shares of Aegion Corp in a research report on Friday, July 7th. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $24.50.

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Aegion Corp (NASDAQ AEGN) traded down 0.63% during trading on Monday, hitting $23.56. The stock had a trading volume of 9,018 shares. Aegion Corp has a 1-year low of $17.18 and a 1-year high of $26.68. The stock’s 50-day moving average price is $21.56 and its 200-day moving average price is $22.13. The company has a market capitalization of $753.31 million, a P/E ratio of 20.94 and a beta of 1.65.

A number of hedge funds have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Aegion Corp during the first quarter valued at approximately $119,000. State of Alaska Department of Revenue boosted its stake in shares of Aegion Corp by 76.6% in the second quarter. State of Alaska Department of Revenue now owns 6,624 shares of the construction company’s stock valued at $144,000 after buying an additional 2,874 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Aegion Corp by 88.4% in the first quarter. Bank of Montreal Can now owns 7,701 shares of the construction company’s stock valued at $176,000 after buying an additional 3,614 shares during the last quarter. Mason Street Advisors LLC boosted its stake in shares of Aegion Corp by 6.5% in the first quarter. Mason Street Advisors LLC now owns 7,902 shares of the construction company’s stock valued at $181,000 after buying an additional 480 shares during the last quarter. Finally, RBF Capital LLC bought a new stake in shares of Aegion Corp during the first quarter valued at approximately $209,000. Institutional investors and hedge funds own 87.92% of the company’s stock.

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.

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Earnings History and Estimates for Aegion Corp (NASDAQ:AEGN)

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