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.

Several price targets were given for APLP by the analysts covering the stock. The most optimistic analyst gave a price target of 21, implying potential capital gains of 43.64 percent. The lowest price target was 16, implying a possible loss of 9.44 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -3.61 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -42.26 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

APLP has traded between a high of 18.55 and a low of 12.43 over the past year. Currently the stock is 17.62 percent higher than its low, and 21.19 percent lower than its 52-week 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.