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After finishing at $29.70 in the prior trading day, Archrock Inc (NYSE: AROC) closed at $26.89, down -9.46%. In other words, the price has decreased by -$9.46 from its previous closing price. On the day, 1.87 million shares were traded. AROC stock price reached its highest trading level at $29.23 during the session, while it also had its lowest trading level at $26.77.
Ratios:
Our goal is to gain a better understanding of AROC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1255.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.74.
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, Mizuho on October 02, 2024, initiated with a Outperform rating and assigned the stock a target price of $24.
On September 27, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $24.
On September 25, 2024, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $24.Evercore ISI initiated its Outperform rating on September 25, 2024, with a $24 target price.
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 4709891072 and an Enterprise Value of 7447529984. As of this moment, Archrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.61, and their Forward P/E ratio for the next fiscal year is 19.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.32 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 6.828 whereas that against EBITDA is 14.684.
Stock Price History:
The Beta on a monthly basis for AROC is 1.57, which has changed by 0.7699642 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, AROC has reached a high of $30.44, while it has fallen to a 52-week low of $15.65. The 50-Day Moving Average of the stock is 3.85%, while the 200-Day Moving Average is calculated to be 24.30%.
Shares Statistics:
The stock has traded on average 1.33M shares per day over the past 3-months and 1435650 shares per day over the last 10 days, according to various share statistics. A total of 175.18M shares are outstanding, with a floating share count of 145.83M. Insiders hold about 16.74% of the company’s shares, while institutions hold 90.94% stake in the company. Shares short for AROC as of 1735603200 were 6750504 with a Short Ratio of 5.06, compared to 1732838400 on 5568593. Therefore, it implies a Short% of Shares Outstanding of 6750504 and a Short% of Float of 5.1599998000000005.
Dividends & Splits
In the trailing 12 months, AROC’s forward annual dividend rate was 0.67, compared to 0.67 this year. Against a Trailing Annual Dividend Yield of 0.022558922The stock’s 5-year Average Dividend Yield is 6.3.
