ValuEngine upgraded shares of Exterran (NYSE:EXTN) from a sell rating to a hold rating in a research note published on Wednesday.

Separately, Zacks Investment Research raised Exterran from a hold rating to a buy rating and set a $31.00 price objective for the company in a research note on Wednesday, March 21st.

EXTN opened at $29.49 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.33 and a debt-to-equity ratio of 0.66. The company has a market cap of $1,054.00, a price-to-earnings ratio of 983.00 and a beta of 0.91. Exterran has a 52 week low of $23.29 and a 52 week high of $33.69.

Exterran (NYSE:EXTN) last posted its quarterly earnings data on Monday, February 26th. The energy company reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.14). The company had revenue of $337.69 million for the quarter, compared to analysts’ expectations of $361.50 million. Exterran had a net margin of 2.65% and a return on equity of 0.26%. equities research analysts expect that Exterran will post 0.59 earnings per share for the current fiscal year.

In other Exterran news, SVP Girish Saligram sold 7,500 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The stock was sold at an average price of $30.25, for a total transaction of $226,875.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director William M. Goodyear bought 2,100 shares of the company’s stock in a transaction on Thursday, March 8th. The shares were acquired at an average price of $27.56 per share, for a total transaction of $57,876.00. The disclosure for this purchase can be found here. Insiders own 2.20% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. increased its position in Exterran by 32.2% during the 4th quarter. Meeder Asset Management Inc. now owns 11,533 shares of the energy company’s stock worth $363,000 after purchasing an additional 2,809 shares during the period. KBC Group NV increased its position in Exterran by 17.9% during the 4th quarter. KBC Group NV now owns 25,374 shares of the energy company’s stock worth $798,000 after purchasing an additional 3,857 shares during the period. Cigna Investments Inc. New acquired a new position in Exterran during the 4th quarter worth approximately $221,000. Paloma Partners Management Co acquired a new position in Exterran during the 4th quarter worth approximately $297,000. Finally, Rhumbline Advisers increased its position in Exterran by 14.2% during the 4th quarter. Rhumbline Advisers now owns 79,392 shares of the energy company’s stock worth $2,496,000 after purchasing an additional 9,874 shares during the period. Institutional investors own 90.73% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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