The closing price of Archrock Inc (NYSE: AROC) was $20.54 for the day, down -0.96% from the previous closing price of $20.74. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 1101755 shares were traded. AROC stock price reached its highest trading level at $20.83 during the session, while it also had its lowest trading level at $20.25.
Ratios:
Our analysis of AROC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2395.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 277.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.84 whereas as Long-Term Debt/Eq ratio is at 1.83.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on December 09, 2022, initiated with a Outperform rating and assigned the stock a target price of $10.
On June 29, 2020, Stifel started tracking the stock assigning a Buy rating and target price of $8.Stifel initiated its Buy rating on June 29, 2020, with a $8 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 23 ’23 when Henderson Donna A sold 10,802 shares for $12.77 per share. The transaction valued at 137,942 led to the insider holds 39,237 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AROC now has a Market Capitalization of 3.21B and an Enterprise Value of 4.81B. As of this moment, Archrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.82, and their Forward P/E ratio for the next fiscal year is 17.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.24 while its Price-to-Book (P/B) ratio in mrq is 3.68. Its current Enterprise Value per Revenue stands at 4.85 whereas that against EBITDA is 11.35.
Stock Price History:
Over the past 52 weeks, AROC has reached a high of $21.40, while it has fallen to a 52-week low of $8.78. The 50-Day Moving Average of the stock is 18.40, while the 200-Day Moving Average is calculated to be 14.50.
Shares Statistics:
AROC traded an average of 1.37M shares per day over the past three months and 1.64M shares per day over the past ten days. A total of 155.96M shares are outstanding, with a floating share count of 133.89M. Insiders hold about 14.33% of the company’s shares, while institutions hold 91.18% stake in the company. Shares short for AROC as of Mar 15, 2024 were 5.37M with a Short Ratio of 3.35, compared to 3.59M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.44% and a Short% of Float of 4.80%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.62, AROC has a forward annual dividend rate of 0.62. Against a Trailing Annual Dividend Yield of 3.01%, it implies a Forward Annual Dividend Yield of 3.41%. The stock’s 5-year Average Dividend Yield is 6.70.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.22 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.22, while EPS last year was $0.1. The consensus estimate for the next quarter is $0.24, with high estimates of $0.25 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.01 and $0.95 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $1.18, with 3 analysts recommending between $1.23 and $1.14.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $261.98M to a low estimate of $259.04M. As of the current estimate, Archrock Inc’s year-ago sales were $229.83M, an estimated increase of 13.30% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $268.43M, an increase of 8.40% less than the figure of $13.30% in the same quarter last year. There is a high estimate of $268.44M for the next quarter, whereas the lowest estimate is $268.41M.
A total of 2 analysts have provided revenue estimates for AROC’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $990.34M, up 9.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $1.15B in the next fiscal year. The high estimate is $1.15B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
