Exterran Partners Stock Rating Upgraded by Zacks (EXLP)
Exterran Partners (NASDAQ:EXLP) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Tuesday, Analyst Ratings News reports. The firm currently has a $33.20 price target on the stock. Zacks‘ price target indicates a potential upside of 14.48% from the company’s current price.
Separately, analysts at Credit Suisse downgraded shares of Exterran Partners from a “neutral” rating to an “underperform” rating in a research note to investors on Tuesday, July 16th. They now have a $29.50 price target on the stock, up previously from $28.00. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. Exterran Partners presently has a consensus rating of “Hold” and a consensus price target of $28.24.
Shares of Exterran Partners (NASDAQ:EXLP) traded up 0.59% during mid-day trading on Tuesday, hitting $29.00. The stock had a trading volume of 67,901 shares. Exterran Partners has a 1-year low of $19.65 and a 1-year high of $32.39. The stock’s 50-day moving average is $28.35 and its 200-day moving average is $28.78. The company has a market cap of $1.433 billion and a price-to-earnings ratio of 21.00.
Exterran Partners (NASDAQ:EXLP) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.23. The company had revenue of $125.50 million for the quarter, compared to the consensus estimate of $97.20 million. The company’s revenue for the quarter was up 29.1% on a year-over-year basis. On average, analysts predict that Exterran Partners will post $1.32 earnings per share for the current fiscal year.
Exterran Partners, L.P. provides natural gas contract operations services to customers throughout the United States.
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