News headlines about Archrock Partners (NASDAQ:APLP) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Archrock Partners earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 46.2015005383949 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
APLP has been the subject of a number of analyst reports. ValuEngine lowered shares of Archrock Partners from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. BidaskClub lowered shares of Archrock Partners from a “hold” rating to a “sell” rating in a report on Thursday, March 22nd. JPMorgan Chase raised shares of Archrock Partners from a “neutral” rating to an “overweight” rating and set a $18.00 target price for the company in a report on Thursday, March 22nd. Finally, Zacks Investment Research raised shares of Archrock Partners from a “sell” rating to a “hold” rating in a report on Wednesday, April 25th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $16.50.
Shares of Archrock Partners opened at $15.30 on Tuesday, MarketBeat.com reports. Archrock Partners has a 12-month low of $10.58 and a 12-month high of $16.69. The firm has a market capitalization of $1.10 billion, a PE ratio of 56.67, a PEG ratio of 1.67 and a beta of 2.00. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.69 and a quick ratio of 1.69.
Archrock Partners (NASDAQ:APLP) last announced its quarterly earnings results on Thursday, February 22nd. The energy company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. Archrock Partners had a negative net margin of 0.08% and a positive return on equity of 3.74%. The company had revenue of $141.76 million during the quarter, compared to analyst estimates of $142.97 million. During the same quarter in the previous year, the business earned $0.16 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. equities analysts expect that Archrock Partners will post 0.61 EPS for the current fiscal year.
About Archrock Partners
Archrock Partners, L.P., together with its subsidiaries, provides natural gas contract operations services to customers in the United States. The company's contract operations services primarily include designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining equipment to provide natural gas compression services to its customers.
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