Archrock Partners (APLP) to Release Quarterly Earnings on Wednesday

Archrock Partners (NASDAQ:APLP) will be announcing its earnings results before the market opens on Wednesday, February 21st. Analysts expect the company to announce earnings of $0.09 per share for the quarter.

Archrock Partners (APLP) opened at $13.04 on Wednesday. The company has a market cap of $915.23, a price-to-earnings ratio of -50.15, a price-to-earnings-growth ratio of 0.90 and a beta of 2.15. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 2.49. Archrock Partners has a 1-year low of $10.58 and a 1-year high of $18.34.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Thursday, February 8th were issued a $0.285 dividend. This represents a $1.14 dividend on an annualized basis and a yield of 8.74%. The ex-dividend date was Wednesday, February 7th. Archrock Partners’s dividend payout ratio is presently -438.46%.

A number of equities analysts have commented on APLP shares. JPMorgan Chase & Co. downgraded shares of Archrock Partners from an “overweight” rating to a “neutral” rating and set a $16.00 price objective for the company. in a report on Thursday, January 4th. Royal Bank of Canada downgraded shares of Archrock Partners from an “outperform” rating to a “sector perform” rating and set a $15.00 price objective for the company. in a report on Wednesday, January 3rd. Zacks Investment Research downgraded shares of Archrock Partners from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Raymond James Financial reissued a “market perform” rating on shares of Archrock Partners in a report on Thursday, January 18th. Finally, ValuEngine downgraded shares of Archrock Partners from a “hold” rating to a “sell” rating in a report on Sunday, December 31st. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $16.10.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and republished in violation of U.S. and international copyright legislation. The correct version of this story can be read at https://www.americanbankingnews.com/2018/02/14/archrock-partners-aplp-to-release-quarterly-earnings-on-wednesday.html.

About Archrock Partners

Archrock Partners, L.P. is engaged in natural gas compression industry in the United States. The Company’s contract operations services include designing, sourcing, owning, installing, operating, servicing, repairing and maintaining equipment to provide natural gas compression services to its customers.

Earnings History for Archrock Partners (NASDAQ:APLP)

Receive News & Ratings for Archrock Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Archrock Partners and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply