Analyst Ratings for Archrock Partners L.P. (APLP)

Updated: 2017-07-28

Shares of Archrock Partners L.P. (NASDAQ:APLP) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, APLP was issued an average rating of Overweight.

8 analysts issued ratings on the stock, where 2 gave APLP a buy rating, 1 gave an overweight rating, 5 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

A number of analysts gave price targets for APLP. The most optimistic analyst gave a price target of 21, implying a possible profit of 43.64 percent. The most pessimistic analyst gave a price target of 16, which equates to a potential downside of 9.44 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -46.67 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.61 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -42.26 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

In the trailing 52-weeks, APLP hit 18.55 at the highest peak, while it's lowest trading point was 12.43. The current market price is above the trailing year's low by 17.62 percent, and 21.19 percent below the high. APLP has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The APLP value stock report compares APLP to some of its peers using value stock charts. The stock has a market capitalization of $0.9633 billion. APLP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.