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

EXTN has been the subject of several other reports. Zacks Investment Research downgraded shares of Exterran Corporation from a strong-buy rating to a hold rating in a research note on Monday, July 10th. ValuEngine raised shares of Exterran Corporation from a sell rating to a hold rating in a research note on Friday, June 2nd. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $30.00.

Exterran Corporation (EXTN) opened at 29.78 on Friday. The company’s market capitalization is $1.07 billion. The stock has a 50 day moving average price of $26.88 and a 200-day moving average price of $27.93. Exterran Corporation has a 52 week low of $13.28 and a 52 week high of $34.05.

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

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Several large investors have recently modified their holdings of EXTN. Nisa Investment Advisors LLC raised its stake in shares of Exterran Corporation by 4.0% during the second quarter. Nisa Investment Advisors LLC now owns 3,940 shares of the energy company’s stock valued at $105,000 after acquiring an additional 150 shares during the last quarter. Pacad Investment Ltd. bought a new position in shares of Exterran Corporation during the second quarter valued at about $107,000. Meeder Asset Management Inc. bought a new position in shares of Exterran Corporation during the second quarter valued at about $134,000. State of Alaska Department of Revenue raised its stake in shares of Exterran Corporation by 79.7% during the second quarter. State of Alaska Department of Revenue now owns 6,255 shares of the energy company’s stock valued at $167,000 after acquiring an additional 2,775 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its stake in shares of Exterran Corporation by 4.2% during the second quarter. Municipal Employees Retirement System of Michigan now owns 7,450 shares of the energy company’s stock valued at $199,000 after acquiring an additional 300 shares during the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

About Exterran Corporation

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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