Aegion (NASDAQ:AEGN) posted its quarterly earnings results on Tuesday. The construction company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.47 by ($0.02), MarketWatch Earnings reports. Aegion had a positive return on equity of 6.50% and a negative net margin of 6.33%.
NASDAQ:AEGN traded down $2.49 during trading hours on Wednesday, reaching $20.36. The company had a trading volume of 3,712 shares, compared to its average volume of 129,542. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $728.79 million, a price-to-earnings ratio of 19.76, a PEG ratio of 1.67 and a beta of 1.69. Aegion has a twelve month low of $21.16 and a twelve month high of $28.19.
A number of analysts have weighed in on the stock. BidaskClub upgraded shares of Aegion from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 22nd. ValuEngine downgraded shares of Aegion from a “buy” rating to a “hold” rating in a research note on Wednesday, September 19th. Stifel Nicolaus lifted their target price on shares of Aegion from $28.00 to $29.00 and gave the stock a “hold” rating in a research note on Monday, August 6th. Canaccord Genuity reissued a “buy” rating and set a $27.00 target price on shares of Aegion in a research note on Thursday, August 2nd. Finally, Zacks Investment Research downgraded shares of Aegion from a “buy” rating to a “hold” rating in a research note on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $28.33.
Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure worldwide. It operates through three segments: Infrastructure Solutions, Corrosion Protection, and Energy Services. The company offers various solutions for rehabilitating and maintaining aging or deteriorating infrastructure; protecting new infrastructure from corrosion; and providing integrated professional services in engineering, procurement, construction, maintenance, and turnaround services for oil companies.
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