Aegion Corp (NASDAQ:AEGN) has been given a consensus rating of “Hold” by the nine brokerages that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $26.50.
A number of research firms have recently weighed in on AEGN. Zacks Investment Research upgraded shares of Aegion from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Stifel Nicolaus restated a “hold” rating and issued a $26.00 price target on shares of Aegion in a report on Thursday, December 14th. BidaskClub cut shares of Aegion from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 14th. TheStreet cut shares of Aegion from a “b-” rating to a “c” rating in a report on Thursday, November 2nd. Finally, Hilliard Lyons cut shares of Aegion from a “buy” rating to a “neutral” rating in a report on Thursday, December 21st.
Shares of Aegion (NASDAQ AEGN) opened at $23.57 on Tuesday. Aegion has a 1-year low of $19.11 and a 1-year high of $28.19. The firm has a market cap of $777.07, a PE ratio of -19.48, a PEG ratio of 1.39 and a beta of 1.69. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.36 and a quick ratio of 2.09.
Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio boosted its stake in Aegion by 10.1% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,643 shares of the construction company’s stock worth $102,000 after purchasing an additional 426 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in Aegion in the 3rd quarter worth approximately $131,000. SG Americas Securities LLC acquired a new stake in Aegion in the 3rd quarter worth approximately $133,000. UBS Asset Management Americas Inc. acquired a new stake in Aegion in the 4th quarter worth approximately $209,000. Finally, Eqis Capital Management Inc. acquired a new stake in Aegion in the 3rd quarter worth approximately $210,000. Institutional investors own 92.75% of the company’s stock.
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Aegion 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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