$0.15 Earnings Per Share Expected for Aegion Corp (AEGN) This Quarter

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.

How to Become a New Pot Stock Millionaire

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%.

A number of research analysts have recently commented on AEGN shares. BidaskClub lowered Aegion from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 14th. Stifel Nicolaus reissued a “hold” rating and set a $26.00 price target on shares of Aegion in a report on Thursday, December 14th. Zacks Investment Research lowered Aegion from a “hold” rating to a “sell” rating in a report on Wednesday, February 7th. Hilliard Lyons lowered Aegion from a “buy” rating to a “neutral” rating in a report on Thursday, December 21st. Finally, ValuEngine raised Aegion from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $26.75.

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.

COPYRIGHT VIOLATION NOTICE: This piece was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece on another website, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this piece can be read at https://www.tickerreport.com/banking-finance/3341918/0-15-earnings-per-share-expected-for-aegion-corp-aegn-this-quarter.html.

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.

Get a free copy of the Zacks research report on Aegion (AEGN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Aegion (NASDAQ:AEGN)

Receive News & Ratings for Aegion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aegion and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

AK Steel  versus Its Peers Head-To-Head Contrast
AK Steel versus Its Peers Head-To-Head Contrast
Analysts Anticipate First Industrial Realty Trust, Inc.  Will Announce Earnings of $0.38 Per Share
Analysts Anticipate First Industrial Realty Trust, Inc. Will Announce Earnings of $0.38 Per Share
TPI Composites  Expected to Announce Earnings of $0.03 Per Share
TPI Composites Expected to Announce Earnings of $0.03 Per Share
Brokerages Expect Kinsale Capital Group  to Announce $0.36 Earnings Per Share
Brokerages Expect Kinsale Capital Group to Announce $0.36 Earnings Per Share
President Trump  Market Capitalization Reaches $0.00
President Trump Market Capitalization Reaches $0.00
EDRCoin  Tops 24 Hour Volume of $2,782.00
EDRCoin Tops 24 Hour Volume of $2,782.00


© 2006-2018 Ticker Report. Google+.