Shares of Exterran Corp (NYSE:EXTN) have been given an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the stock, Zacks Investment Research reports. Two research analysts have rated the stock with a strong buy rating.

Brokerages have set a 12-month consensus price objective of $36.50 for the company and are forecasting that the company will post $0.09 earnings per share for the current quarter, according to Zacks. Zacks has also given Exterran an industry rank of 227 out of 257 based on the ratings given to related companies.

Several research analysts have recently commented on the company. Zacks Investment Research raised Exterran from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research note on Tuesday, September 18th. ValuEngine downgraded Exterran from a “hold” rating to a “sell” rating in a research note on Tuesday, September 4th.

Shares of NYSE EXTN traded up $0.20 during trading on Friday, hitting $22.97. The company had a trading volume of 305,364 shares, compared to its average volume of 149,665. The company has a quick ratio of 0.93, a current ratio of 1.37 and a debt-to-equity ratio of 0.76. Exterran has a 12 month low of $20.76 and a 12 month high of $33.32. The company has a market capitalization of $813.18 million, a P/E ratio of -58.90 and a beta of 1.37.

Exterran (NYSE:EXTN) last posted its quarterly earnings data on Monday, November 5th. The energy company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.04). Exterran had a return on equity of 2.01% and a net margin of 1.28%. The company had revenue of $334.85 million during the quarter, compared to the consensus estimate of $358.60 million. Research analysts anticipate that Exterran will post 0.64 EPS for the current year.

In related news, CEO Andrew James Way sold 34,517 shares of Exterran stock in a transaction that occurred on Wednesday, October 17th. The stock was sold at an average price of $25.49, for a total transaction of $879,838.33. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 2.20% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of EXTN. BlackRock Inc. raised its stake in Exterran by 5.3% during the 2nd quarter. BlackRock Inc. now owns 4,885,496 shares of the energy company’s stock valued at $122,333,000 after purchasing an additional 244,903 shares during the period. Millennium Management LLC raised its stake in Exterran by 97.1% during the 1st quarter. Millennium Management LLC now owns 450,273 shares of the energy company’s stock valued at $12,022,000 after purchasing an additional 221,808 shares during the period. Cannell Capital LLC raised its stake in Exterran by 48.9% during the 2nd quarter. Cannell Capital LLC now owns 498,929 shares of the energy company’s stock valued at $12,493,000 after purchasing an additional 163,896 shares during the period. Assenagon Asset Management S.A. bought a new stake in Exterran during the 3rd quarter valued at approximately $4,288,000. Finally, Renaissance Technologies LLC raised its stake in Exterran by 74.9% during the 2nd quarter. Renaissance Technologies LLC now owns 181,000 shares of the energy company’s stock valued at $4,532,000 after purchasing an additional 77,500 shares during the period. 87.79% of the stock is currently owned by institutional investors.

About Exterran

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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