5 Reasons To Dump Aegion Corporation (AEGN) Stock Right Now
Zacks Investment Research | Jul 06, 2017 08:47AM ET
Aegion Corporation (NASDAQ:AEGN) has been disappointing investors of late given that the shares of this global leader in infrastructure protection and maintenance have yielded a negative return of 7.2% year to date. Should investors dump this stock from their portfolio? Let’s find out.
Estimates Moving South
Estimates for the company for fiscal 2017 and fiscal 2018 have moved south in the past 90 days, reflecting the negative outlook of analysts. For fiscal 2017, the estimate has dropped 9% to $1.33 per share and for fiscal 2018 the same has dipped 2% to $1.41.
Price Performance
Aegion has underperformed the Zacks categorized Zacks Investment Research
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