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

News headlines about Aegion (NASDAQ:AEGN) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Aegion earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 44.7670211891841 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of equities research analysts have commented on AEGN shares. Hilliard Lyons cut Aegion from a “buy” rating to a “neutral” rating in a report on Thursday, December 21st. TheStreet cut Aegion from a “b-” rating to a “c” rating in a report on Thursday, November 2nd. Stifel Nicolaus reiterated a “hold” rating and set a $26.00 target price on shares of Aegion in a report on Thursday, December 14th. BidaskClub cut Aegion from a “strong-buy” rating to a “buy” rating in a report on Thursday, December 14th. Finally, Zacks Investment Research upgraded Aegion from a “sell” rating to a “hold” rating in a report on Wednesday, November 8th. Seven analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Aegion has an average rating of “Hold” and a consensus price target of $26.75.

Aegion (NASDAQ AEGN) opened at $25.48 on Friday. Aegion has a 52 week low of $19.11 and a 52 week high of $28.19. The firm has a market capitalization of $828.79, a price-to-earnings ratio of -21.06, a price-to-earnings-growth ratio of 1.48 and a beta of 1.77. The company has a current ratio of 2.36, a quick ratio of 2.09 and a debt-to-equity ratio of 0.65.

Aegion (NASDAQ:AEGN) last issued its quarterly earnings results on Wednesday, November 1st. The construction company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.06. Aegion had a positive return on equity of 7.62% and a negative net margin of 3.03%. The company had revenue of $341.87 million for the quarter, compared to analyst estimates of $328.98 million. During the same quarter in the prior year, the company posted $0.32 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. sell-side analysts expect that Aegion will post 1.09 earnings per share for the current year.

In other Aegion news, CFO David A. Martin sold 10,000 shares of the stock in a transaction on Thursday, November 2nd. The stock was 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 of the company’s stock, valued at approximately $2,434,320. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP David F. Morris sold 9,239 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $28.05, for a total value of $259,153.95. The disclosure for this sale can be found here. Corporate insiders own 3.62% of the company’s stock.

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About Aegion

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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