Aegion Corp (AEGN) Scheduled to Post Earnings on Wednesday
Aegion Corp (NASDAQ:AEGN) is set to post its quarterly earnings results after the market closes on Wednesday, November 1st. Analysts expect Aegion Corp to post earnings of $0.40 per share for the quarter.
Aegion Corp (NASDAQ:AEGN) last issued its quarterly earnings results on Tuesday, August 1st. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $351.51 million. During the same quarter in the prior year, the firm earned $0.23 EPS. The firm’s revenue was up 18.9% compared to the same quarter last year. On average, analysts expect Aegion Corp to post $1.06 EPS for the current fiscal year and $1.27 EPS for the next fiscal year.
Aegion Corp (NASDAQ AEGN) opened at 22.49 on Wednesday. The stock has a market cap of $742.44 million, a P/E ratio of 16.60 and a beta of 1.68. Aegion Corp has a 52 week low of $17.85 and a 52 week high of $26.68. The company has a 50-day moving average of $22.37 and a 200-day moving average of $21.62.
AEGN has been the subject of a number of analyst reports. BidaskClub upgraded Aegion Corp from a “sell” rating to a “hold” rating in a report on Saturday, July 8th. Hilliard Lyons upgraded Aegion Corp from a “neutral” rating to a “buy” rating and set a $26.00 price target for the company in a report on Wednesday, October 4th. ValuEngine upgraded Aegion Corp from a “hold” rating to a “buy” rating in a report on Tuesday, September 12th. Canaccord Genuity restated a “buy” rating and issued a $26.00 price target on shares of Aegion Corp in a report on Thursday, August 10th. Finally, TheStreet upgraded Aegion Corp from a “c+” rating to a “b” rating in a report on Tuesday, August 1st. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $25.17.
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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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