Equities research analysts forecast that Aegion Corp (NASDAQ:AEGN) will announce $0.40 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Aegion’s earnings. The lowest EPS estimate is $0.39 and the highest is $0.41. Aegion reported earnings per share of $0.45 during the same quarter last year, which would suggest a negative year-over-year growth rate of 11.1%. The firm is scheduled to announce its next earnings results on Tuesday, October 29th.

On average, analysts expect that Aegion will report full year earnings of $1.23 per share for the current fiscal year, with EPS estimates ranging from $1.22 to $1.23. For the next year, analysts anticipate that the company will post earnings of $1.42 per share, with EPS estimates ranging from $1.32 to $1.52. Zacks’ earnings per share averages are an average based on a survey of analysts that follow Aegion.

Aegion (NASDAQ:AEGN) last released its earnings results on Wednesday, July 31st. The construction company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.04. Aegion had a negative net margin of 1.20% and a positive return on equity of 8.14%. The company had revenue of $318.74 million during the quarter, compared to the consensus estimate of $321.22 million. During the same quarter in the prior year, the firm earned $0.34 EPS. The company’s revenue was down 4.9% compared to the same quarter last year.

A number of research analysts recently issued reports on the stock. ValuEngine upgraded shares of Aegion from a “sell” rating to a “hold” rating in a research note on Thursday, August 1st. BidaskClub raised shares of Aegion from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 24th. Zacks Investment Research raised shares of Aegion from a “sell” rating to a “hold” rating and set a $17.00 target price for the company in a research note on Friday, June 14th. Finally, Stifel Nicolaus set a $24.00 price target on shares of Aegion and gave the stock a “hold” rating in a research report on Thursday, September 12th. Five research analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $19.33.

Aegion stock opened at $20.34 on Thursday. The company has a market capitalization of $631.55 million, a P/E ratio of 17.09, a P/E/G ratio of 1.64 and a beta of 2.14. The firm’s fifty day simple moving average is $20.24 and its 200-day simple moving average is $18.19. The company has a current ratio of 1.96, a quick ratio of 1.71 and a debt-to-equity ratio of 0.75. Aegion has a 1-year low of $14.12 and a 1-year high of $24.37.

Several institutional investors and hedge funds have recently modified their holdings of the company. Meadow Creek Investment Management LLC grew its position in shares of Aegion by 9.3% during the 2nd quarter. Meadow Creek Investment Management LLC now owns 6,552 shares of the construction company’s stock worth $120,000 after buying an additional 560 shares during the period. Bank of Montreal Can boosted its holdings in Aegion by 67.6% during the 2nd quarter. Bank of Montreal Can now owns 7,617 shares of the construction company’s stock worth $139,000 after acquiring an additional 3,071 shares during the last quarter. Glen Harbor Capital Management LLC boosted its holdings in Aegion by 9.3% during the 2nd quarter. Glen Harbor Capital Management LLC now owns 7,956 shares of the construction company’s stock worth $146,000 after acquiring an additional 680 shares during the last quarter. Strs Ohio boosted its holdings in Aegion by 7.0% during the 2nd quarter. Strs Ohio now owns 9,200 shares of the construction company’s stock worth $169,000 after acquiring an additional 600 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Aegion by 31.3% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 9,244 shares of the construction company’s stock worth $170,000 after purchasing an additional 2,202 shares during the period. 94.46% of the stock is currently owned by institutional investors.

Aegion Company Profile

Aegion Corporation provides technologies to maintain, rehabilitate, and strengthen infrastructure in the United States, Canada, Europe, and internationally. 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 and natural gas companies.

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Earnings History and Estimates for Aegion (NASDAQ:AEGN)

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