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 highest price target was 21, which equates to a potential upside of 43.64 percent. The most pessimistic price target was 16, implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -42.26 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. 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.

APLP has traded between a high of 18.55 and a low of 12.43 over the past year. Today's price is 17.62 percent above the 52-week low, and below the high by 21.19 percent. 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 market cap of APLP is $0.9633 billion. APLP's next earnings release will be on 0000-00-00, which is days away.