News stories about Archrock Partners, L.P. (NASDAQ:APLP) have been trending somewhat positive on Saturday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Archrock Partners, L.P. earned a news impact score of 0.06 on Accern’s scale. Accern also gave news coverage about the energy company an impact score of 47.1510965462387 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Archrock Partners, L.P. (NASDAQ:APLP) traded up 2.64% during mid-day trading on Friday, hitting $13.22. 138,556 shares of the stock were exchanged. Archrock Partners, L.P. has a one year low of $12.56 and a one year high of $18.55. The company’s market cap is $866.97 million. The company has a 50-day moving average price of $14.36 and a 200-day moving average price of $15.86.
Archrock Partners, L.P. (NASDAQ:APLP) last issued its quarterly earnings results on Tuesday, August 1st. The energy company reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.04. The company had revenue of $138.30 million for the quarter, compared to the consensus estimate of $137.10 million. Archrock Partners, L.P. had a positive return on equity of 6.02% and a negative net margin of 2.49%. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.21 EPS. On average, analysts predict that Archrock Partners, L.P. will post $0.44 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Monday, August 14th. Shareholders of record on Tuesday, August 8th were given a $0.285 dividend. This represents a $1.14 annualized dividend and a yield of 8.62%. The ex-dividend date of this dividend was Friday, August 4th. Archrock Partners, L.P.’s dividend payout ratio is currently -518.16%.
Several analysts have issued reports on the stock. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 price objective on shares of Archrock Partners, L.P. in a research report on Friday, April 21st. Zacks Investment Research downgraded shares of Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. BidaskClub downgraded shares of Archrock Partners, L.P. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) downgraded shares of Archrock Partners, L.P. from a “buy” rating to a “neutral” rating and set a $18.00 price target for the company. in a research report on Monday, May 29th. Finally, Capital One Financial Corporation downgraded shares of Archrock Partners, L.P. from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 23rd. Five investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and an average price target of $18.33.
About Archrock Partners, L.P.
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.
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