BidaskClub upgraded shares of Exterran Corporation (NYSE:EXTN) from a sell rating to a hold rating in a research report report published on Friday.

Several other equities research analysts have also commented on the company. Zacks Investment Research lowered Exterran Corporation from a buy rating to a hold rating in a research note on Friday, July 21st. ValuEngine upgraded Exterran Corporation from a sell rating to a hold rating in a research report on Friday, June 2nd. Five equities research analysts have rated the stock with a hold rating, The company presently has a consensus rating of Hold and a consensus target price of $30.00.

Shares of Exterran Corporation (NYSE:EXTN) opened at 26.86 on Friday. Exterran Corporation has a 52-week low of $12.73 and a 52-week high of $34.05. The company’s market cap is $961.40 million. The company has a 50-day moving average price of $26.63 and a 200-day moving average price of $28.34.

Exterran Corporation (NYSE:EXTN) last posted its quarterly earnings data on Monday, August 7th. The energy company reported ($0.16) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.53) by $0.37. Exterran Corporation had a negative return on equity of 5.57% and a negative net margin of 1.45%. The company had revenue of $330.59 million during the quarter, compared to analyst estimates of $329.50 million. On average, equities analysts predict that Exterran Corporation will post $0.09 EPS for the current year.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EXTN. Swiss National Bank boosted its position in Exterran Corporation by 2.1% in the first quarter. Swiss National Bank now owns 57,850 shares of the energy company’s stock worth $1,819,000 after buying an additional 1,200 shares during the period. Ameriprise Financial Inc. boosted its position in Exterran Corporation by 0.8% in the first quarter. Ameriprise Financial Inc. now owns 713,792 shares of the energy company’s stock worth $22,450,000 after buying an additional 5,609 shares during the period. Norges Bank purchased a new position in Exterran Corporation during the fourth quarter worth approximately $4,295,000. JPMorgan Chase & Co. boosted its position in Exterran Corporation by 299.0% in the first quarter. JPMorgan Chase & Co. now owns 533,057 shares of the energy company’s stock worth $16,765,000 after buying an additional 399,454 shares during the period. Finally, Principal Financial Group Inc. boosted its position in Exterran Corporation by 7.6% in the first quarter. Principal Financial Group Inc. now owns 247,398 shares of the energy company’s stock worth $7,781,000 after buying an additional 17,417 shares during the period. Hedge funds and other institutional investors own 89.92% of the company’s stock.

Exterran Corporation Company Profile

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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