Shares of Exterran Corp (NYSE:EXTN) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating. Exterran’s rating score has improved by 50% from 90 days ago as a result of various analysts’ upgrades and downgrades.
Brokers have set a 12 month consensus target price of $36.00 for the company, according to Zacks. Zacks has also given Exterran an industry rank of 155 out of 265 based on the ratings given to related companies.
A number of equities research analysts have commented on EXTN shares. BidaskClub upgraded Exterran from a “hold” rating to a “buy” rating in a report on Saturday, September 16th. TheStreet upgraded Exterran from a “d+” rating to a “c+” rating in a report on Wednesday, December 13th. Finally, ValuEngine upgraded Exterran from a “sell” rating to a “hold” rating in a report on Sunday, December 31st.
A number of large investors have recently made changes to their positions in the business. Algert Global LLC acquired a new stake in Exterran during the 3rd quarter valued at $2,413,000. Piedmont Investment Advisors LLC acquired a new stake in shares of Exterran during the third quarter worth $219,000. California Public Employees Retirement System boosted its holdings in shares of Exterran by 13.6% during the third quarter. California Public Employees Retirement System now owns 106,980 shares of the energy company’s stock worth $3,382,000 after purchasing an additional 12,780 shares during the last quarter. Cubist Systematic Strategies LLC acquired a new stake in shares of Exterran during the third quarter worth $318,000. Finally, Highbridge Capital Management LLC acquired a new stake in shares of Exterran during the third quarter worth $618,000. Hedge funds and other institutional investors own 88.61% of the company’s stock.
Exterran (EXTN) traded down $0.34 on Friday, hitting $32.60. The company had a trading volume of 85,508 shares, compared to its average volume of 145,381. The firm has a market cap of $1,166.69, a PE ratio of -1,630.00 and a beta of 1.24. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.67. Exterran has a 1-year low of $23.29 and a 1-year high of $34.05.
Exterran (NYSE:EXTN) last released its quarterly earnings results on Monday, November 6th. The energy company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.06. The business had revenue of $327.10 million for the quarter, compared to analysts’ expectations of $324.70 million. Exterran had a negative return on equity of 2.82% and a net margin of 0.04%. equities analysts expect that Exterran will post -0.03 earnings per share for the current fiscal year.
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Exterran Corporation provides compression, production and processing products and services that support the production and transportation of oil and natural gas around the world. The Company operates through three segments: contract operations, aftermarket services, and oil and gas product sales. The contract operations segment provides natural gas compression services, production and processing equipment services, and maintenance services to meet specific customer requirements on assets owned by it.
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