Shares of Exterran Corporation (NYSE:EXTN) have been given a consensus broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company. Exterran Corporation’s rating score has declined by 100% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Brokerages have set a one year consensus price objective of $23.50 for the company, according to Zacks. Zacks has also given Exterran Corporation an industry rank of 75 out of 265 based on the ratings given to related companies.
Separately, Howard Weil cut Exterran Corporation from an “outperform” rating to a “sector perform” rating in a report on Thursday, December 15th.
Several hedge funds have recently made changes to their positions in the stock. FMR LLC boosted its stake in shares of Exterran Corporation by 102.9% in the second quarter. FMR LLC now owns 2,213,155 shares of the company’s stock worth $28,439,000 after buying an additional 1,122,557 shares during the period. Robotti Robert boosted its stake in shares of Exterran Corporation by 3,786.2% in the second quarter. Robotti Robert now owns 458,379 shares of the company’s stock worth $5,890,000 after buying an additional 446,584 shares during the period. Cannell Capital LLC boosted its stake in shares of Exterran Corporation by 33.5% in the second quarter. Cannell Capital LLC now owns 956,951 shares of the company’s stock worth $12,297,000 after buying an additional 239,984 shares during the period. Acadian Asset Management LLC boosted its stake in shares of Exterran Corporation by 37.2% in the second quarter. Acadian Asset Management LLC now owns 772,288 shares of the company’s stock worth $9,925,000 after buying an additional 209,365 shares during the period. Finally, Emerald Acquisition Ltd. bought a new stake in shares of Exterran Corporation during the second quarter worth approximately $2,630,000. 80.66% of the stock is owned by institutional investors.
Shares of Exterran Corporation (NYSE:EXTN) opened at 23.90 on Wednesday. The stock has a market capitalization of $839.92 million and a price-to-earnings ratio of 17.74. The stock has a 50 day moving average of $21.36 and a 200-day moving average of $15.97. Exterran Corporation has a 52-week low of $10.83 and a 52-week high of $24.84.
About Exterran Corporation
Exterran Corporation is engaged in the provision of 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 product sales.
Get a free copy of the Zacks research report on Exterran Corporation (EXTN)