Aegion (NASDAQ:AEGN) updated its third quarter earnings guidance on Thursday. The company provided EPS guidance of $0.25-0.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.33.
AEGN has been the topic of several research reports. BidaskClub raised shares of Aegion from a sell rating to a hold rating in a research report on Thursday, July 16th. ValuEngine raised Aegion from a sell rating to a hold rating in a report on Friday, July 24th. Finally, Zacks Investment Research raised Aegion from a strong sell rating to a hold rating and set a $13.00 price objective for the company in a research note on Wednesday, July 1st. Six analysts have rated the stock with a hold rating, The company currently has a consensus rating of Hold and an average target price of $20.00.
Shares of NASDAQ:AEGN opened at $15.42 on Friday. Aegion has a fifty-two week low of $11.40 and a fifty-two week high of $23.65. The company has a quick ratio of 1.90, a current ratio of 2.14 and a debt-to-equity ratio of 0.78. The firm’s 50-day simple moving average is $15.44 and its 200-day simple moving average is $16.93. The company has a market cap of $473.15 million, a price-to-earnings ratio of 14.02 and a beta of 1.29.
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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