Somewhat Positive Media Coverage Somewhat Unlikely to Affect Aegion (AEGN) Share Price

News headlines about Aegion (NASDAQ:AEGN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aegion earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the construction company an impact score of 45.2590567116525 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several brokerages have recently weighed in on AEGN. BidaskClub upgraded shares of Aegion from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 16th. Craig Hallum downgraded shares of Aegion from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of Aegion from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Aegion from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Finally, Canaccord Genuity increased their price objective on shares of Aegion from $26.00 to $27.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Five equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. Aegion currently has a consensus rating of “Buy” and an average price target of $25.50.

Aegion (NASDAQ AEGN) opened at $26.07 on Wednesday. Aegion has a 52 week low of $19.11 and a 52 week high of $28.19. The company has a current ratio of 2.36, a quick ratio of 2.09 and a debt-to-equity ratio of 0.65. The company has a market cap of $885.38, a price-to-earnings ratio of 21.27, a price-to-earnings-growth ratio of 2.02 and a beta of 1.76.

Aegion (NASDAQ:AEGN) last posted its quarterly earnings data on Wednesday, November 1st. The construction company reported $0.32 EPS for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.06. Aegion had a negative net margin of 3.03% and a positive return on equity of 7.62%. The firm had revenue of $341.87 million for the quarter, compared to the consensus estimate of $328.98 million. During the same period in the prior year, the firm posted $0.32 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. equities research analysts predict that Aegion will post 1.08 earnings per share for the current fiscal year.

In other Aegion news, EVP David F. Morris sold 9,239 shares of the stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $28.05, for a total transaction of $259,153.95. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO David A. Martin sold 10,000 shares of the stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the transaction, the chief financial officer now owns 101,430 shares in the company, valued at $2,434,320. The disclosure for this sale can be found here. Corporate insiders own 3.62% 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.

Insider Buying and Selling by Quarter for Aegion (NASDAQ:AEGN)

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