Exterran Corp (NYSE:EXTN) has received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.
Brokerages have set a one year consensus price target of $34.00 for the company and are forecasting that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also given Exterran an industry rank of 226 out of 255 based on the ratings given to its competitors.
A number of equities research analysts recently issued reports on EXTN shares. Zacks Investment Research lowered Exterran from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 8th. TheStreet lowered Exterran from a “c” rating to a “d+” rating in a research note on Tuesday, February 26th. Finally, ValuEngine raised Exterran from a “sell” rating to a “hold” rating in a research note on Monday, April 1st.
Several hedge funds have recently modified their holdings of EXTN. Wells Fargo & Company MN lifted its stake in shares of Exterran by 5.3% during the 3rd quarter. Wells Fargo & Company MN now owns 56,187 shares of the energy company’s stock worth $1,490,000 after acquiring an additional 2,820 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Exterran by 4.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 401,929 shares of the energy company’s stock worth $10,663,000 after acquiring an additional 18,606 shares during the last quarter. BlackRock Inc. lifted its stake in shares of Exterran by 2.3% during the 3rd quarter. BlackRock Inc. now owns 4,997,539 shares of the energy company’s stock worth $132,585,000 after acquiring an additional 112,043 shares during the last quarter. Man Group plc lifted its stake in shares of Exterran by 3.8% during the 3rd quarter. Man Group plc now owns 117,500 shares of the energy company’s stock worth $3,117,000 after acquiring an additional 4,304 shares during the last quarter. Finally, MetLife Investment Advisors LLC lifted its stake in shares of Exterran by 56.9% during the 3rd quarter. MetLife Investment Advisors LLC now owns 23,298 shares of the energy company’s stock worth $618,000 after acquiring an additional 8,449 shares during the last quarter. 91.04% of the stock is owned by hedge funds and other institutional investors.
Shares of Exterran stock opened at $14.99 on Monday. The company has a market capitalization of $541.77 million, a PE ratio of 78.89 and a beta of 1.34. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.24 and a quick ratio of 0.91. Exterran has a one year low of $14.95 and a one year high of $30.94.
Exterran (NYSE:EXTN) last announced its earnings results on Monday, February 25th. The energy company reported ($0.14) EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($0.23). The company had revenue of $332.15 million during the quarter, compared to analysts’ expectations of $337.50 million. Exterran had a return on equity of 1.26% and a net margin of 0.40%. As a group, research analysts forecast that Exterran will post 0.03 earnings per share for the current year.
Exterran Corporation, a systems and process company, provides various solutions in the oil, gas, water, and power markets worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. It offers compression, processing, and treating services through the operation of natural gas compression equipment, and crude oil and natural gas production and process equipment; and water treatment and power solutions.
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