ValuEngine cut shares of Exterran (NYSE:EXTN) from a buy rating to a hold rating in a research report sent to investors on Thursday, August 2nd.
A number of other research analysts have also recently issued reports on EXTN. Zacks Investment Research raised Exterran from a hold rating to a buy rating and set a $30.00 target price for the company in a research note on Tuesday, April 10th. AltaCorp Capital reaffirmed an outperform rating on shares of Exterran in a research report on Tuesday, July 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $30.00.
Shares of EXTN stock traded up $0.61 on Thursday, reaching $28.39. 100,078 shares of the stock were exchanged, compared to its average volume of 93,729. The company has a market cap of $1.00 billion, a P/E ratio of 106.85 and a beta of 0.92. Exterran has a one year low of $23.29 and a one year high of $33.69. The company has a quick ratio of 0.97, a current ratio of 1.30 and a debt-to-equity ratio of 0.73.
Exterran (NYSE:EXTN) last released its quarterly earnings data on Monday, August 6th. The energy company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.06). The company had revenue of $343.47 million during the quarter, compared to the consensus estimate of $326.75 million. Exterran had a net margin of 1.14% and a return on equity of 1.70%. equities research analysts anticipate that Exterran will post 0.32 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Citadel Advisors LLC grew its position in Exterran by 63.1% during the second quarter. Citadel Advisors LLC now owns 101,288 shares of the energy company’s stock worth $2,536,000 after buying an additional 39,178 shares in the last quarter. BlackRock Inc. grew its position in Exterran by 5.3% during the second quarter. BlackRock Inc. now owns 4,885,496 shares of the energy company’s stock worth $122,333,000 after buying an additional 244,903 shares in the last quarter. GSA Capital Partners LLP grew its position in Exterran by 33.2% during the second quarter. GSA Capital Partners LLP now owns 65,151 shares of the energy company’s stock worth $1,631,000 after buying an additional 16,227 shares in the last quarter. Spark Investment Management LLC grew its position in Exterran by 393.0% during the second quarter. Spark Investment Management LLC now owns 84,800 shares of the energy company’s stock worth $2,123,000 after buying an additional 67,600 shares in the last quarter. Finally, American Century Companies Inc. grew its position in Exterran by 1.8% during the second quarter. American Century Companies Inc. now owns 255,669 shares of the energy company’s stock worth $6,402,000 after buying an additional 4,437 shares in the last quarter. 87.35% of the stock is owned by hedge funds and other institutional investors.
Exterran Company Profile
Exterran Corporation engages in the compression, production, and processing of products and services for the oil and natural gas industry worldwide. The company operates through three segments: contract Operations, Aftermarket Services, and Product Sales. Its contract operation services include personnel, equipment, tools, materials, and supplies.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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