Exterran Corporation (NYSE:EXTN) was downgraded by equities research analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Friday.

Separately, Zacks Investment Research raised Exterran Corporation from a “hold” rating to a “strong-buy” rating and set a $31.00 target price for the company in a report on Tuesday, July 4th. Five equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and a consensus target price of $30.00.

Exterran Corporation (NYSE:EXTN) traded up 0.03% during mid-day trading on Friday, reaching $30.44. The company had a trading volume of 130,218 shares. The stock’s 50-day moving average is $30.54 and its 200 day moving average is $28.38. Exterran Corporation has a 12 month low of $14.51 and a 12 month high of $34.05. The firm’s market capitalization is $1.09 billion.

Exterran Corporation (NYSE:EXTN) last announced its earnings results on Monday, August 7th. The energy company reported ($0.16) EPS for the quarter, beating the 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 business had revenue of $330.59 million during the quarter, compared to the consensus estimate of $329.50 million. On average, analysts predict that Exterran Corporation will post $0.06 earnings per share for the current fiscal year.

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A number of institutional investors have recently made changes to their positions in EXTN. Nisa Investment Advisors LLC lifted its stake in Exterran Corporation by 4.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 3,940 shares of the energy company’s stock worth $105,000 after acquiring an additional 150 shares in the last quarter. Pacad Investment Ltd. purchased a new stake in Exterran Corporation in the 2nd quarter worth about $107,000. Meeder Asset Management Inc. purchased a new stake in Exterran Corporation in the 2nd quarter worth about $134,000. State of Alaska Department of Revenue lifted its stake in Exterran Corporation by 79.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 6,255 shares of the energy company’s stock worth $167,000 after acquiring an additional 2,775 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan lifted its stake in Exterran Corporation by 4.2% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 7,450 shares of the energy company’s stock worth $199,000 after acquiring an additional 300 shares in 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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