Stock Rating Downgrade
The Value Trend Rating for Aegion Corp (NASDAQ: AEGN) weakened in recent days from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Aegion Corp (NASDAQ: AEGN) stock closed at $15.76 on 7/1/20 after a modest decline of -0.7%. Trading volume in this decline was normal. The stock has risen 4.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, AEGN is expected to continue to be a modest Value Builder.
Aegion has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Aegion has a neutral Appreciation Score of 56 but a poor Power Rating of 21, leading to the Negative Value Trend Rating.