Brokerages expect that Aegion Corp (NASDAQ:AEGN) will post earnings per share of $0.34 for the current quarter, according to Zacks. Two analysts have made estimates for Aegion’s earnings, with estimates ranging from $0.29 to $0.39. Aegion also posted earnings of $0.34 per share during the same quarter last year. The firm is scheduled to announce its next earnings results on Wednesday, August 7th.

On average, analysts expect that Aegion will report full year earnings of $1.18 per share for the current year, with EPS estimates ranging from $1.13 to $1.22. For the next fiscal year, analysts expect that the company will post earnings of $1.38 per share, with EPS estimates ranging from $1.30 to $1.46. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Aegion.

Aegion (NASDAQ:AEGN) last posted its earnings results on Wednesday, May 1st. The construction company reported $0.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.04). The business had revenue of $276.90 million for the quarter, compared to analysts’ expectations of $303.85 million. Aegion had a return on equity of 7.76% and a net margin of 0.08%. Aegion’s quarterly revenue was down 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.13 earnings per share.

Several research firms have recently weighed in on AEGN. BidaskClub downgraded shares of Aegion from a “buy” rating to a “hold” rating in a research note on Friday, May 17th. Zacks Investment Research downgraded shares of Aegion from a “hold” rating to a “sell” rating in a research note on Thursday, May 9th. ValuEngine raised shares of Aegion from a “sell” rating to a “hold” rating in a research note on Monday, April 29th. Finally, Maxim Group reaffirmed a “hold” rating and set a $17.00 price target on shares of Aegion in a research note on Tuesday, April 16th. One investment analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $25.50.

AEGN traded down $0.19 on Friday, hitting $14.77. The company had a trading volume of 80,556 shares, compared to its average volume of 149,398. Aegion has a 12-month low of $14.77 and a 12-month high of $26.80. The firm has a market cap of $462.94 million, a P/E ratio of 12.41, a P/E/G ratio of 1.33 and a beta of 1.87. The company has a current ratio of 2.09, a quick ratio of 1.83 and a debt-to-equity ratio of 0.75.

Several institutional investors have recently bought and sold shares of AEGN. Quantamental Technologies LLC raised its stake in Aegion by 207.0% in the first quarter. Quantamental Technologies LLC now owns 2,109 shares of the construction company’s stock worth $37,000 after buying an additional 1,422 shares in the last quarter. Bank of Montreal Can raised its stake in Aegion by 14.0% in the fourth quarter. Bank of Montreal Can now owns 5,432 shares of the construction company’s stock worth $88,000 after buying an additional 668 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Aegion by 78.6% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,532 shares of the construction company’s stock worth $109,000 after buying an additional 2,875 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in Aegion by 153.6% in the first quarter. BNP Paribas Arbitrage SA now owns 7,413 shares of the construction company’s stock worth $130,000 after buying an additional 4,490 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan bought a new position in Aegion in the fourth quarter worth approximately $150,000. 95.33% of the stock is owned by hedge funds and other 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.

See Also: What is Call Option Volume?

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.