Equities analysts expect Aegion Corp (NASDAQ:AEGN) to post $0.15 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Aegion’s earnings, with the lowest EPS estimate coming in at $0.13 and the highest estimate coming in at $0.16. Aegion posted earnings of $0.18 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 16.7%. The business is expected to announce its next quarterly earnings results on Tuesday, May 1st.
According to Zacks, analysts expect that Aegion will report full-year earnings of $1.36 per share for the current year, with EPS estimates ranging from $1.33 to $1.38. For the next year, analysts expect that the firm will post earnings of $1.64 per share, with EPS estimates ranging from $1.63 to $1.65. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for Aegion.
Aegion (NASDAQ:AEGN) last issued its quarterly earnings results on Wednesday, February 28th. The construction company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.03). The business had revenue of $337.50 million for the quarter, compared to analyst estimates of $332.50 million. Aegion had a negative net margin of 5.37% and a positive return on equity of 6.32%.
In related news, CAO Michael D. White sold 4,141 shares of Aegion stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $23.36, for a total transaction of $96,733.76. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Charles R. Gordon sold 20,000 shares of Aegion stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $23.36, for a total value of $467,200.00. Following the transaction, the chief executive officer now directly owns 306,802 shares in the company, valued at $7,166,894.72. The disclosure for this sale can be found here. 3.37% of the stock is owned by insiders.
Large investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new position in Aegion during the third quarter worth about $133,000. UBS Asset Management Americas Inc. acquired a new position in Aegion during the fourth quarter worth about $209,000. Crossmark Global Holdings Inc. acquired a new position in shares of Aegion in the 3rd quarter valued at $240,000. Teacher Retirement System of Texas acquired a new position in shares of Aegion in the 4th quarter valued at $291,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Aegion in the 3rd quarter valued at $310,000. 93.94% of the stock is currently owned by hedge funds and other institutional investors.
Shares of AEGN traded down $0.87 during trading hours on Friday, reaching $22.79. 115,041 shares of the company’s stock traded hands, compared to its average volume of 120,812. The firm has a market capitalization of $742.79, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.34 and a beta of 1.70. The company has a debt-to-equity ratio of 0.63, a quick ratio of 2.00 and a current ratio of 2.24. Aegion has a twelve month low of $19.11 and a twelve month high of $28.19.
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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