For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Archrock Inc’s stock clocked out at $19.07, down -1.65% from its previous closing price of $19.39. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 1.06 million shares were traded. AROC stock price reached its highest trading level at $19.68 during the session, while it also had its lowest trading level at $19.06.
Ratios:
To gain a deeper understanding of AROC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2224.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 258.05. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 2980431104 and an Enterprise Value of 4586000384. As of this moment, Archrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.61, and their Forward P/E ratio for the next fiscal year is 16.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.01 while its Price-to-Book (P/B) ratio in mrq is 3.41. Its current Enterprise Value per Revenue stands at 4.631 whereas that against EBITDA is 10.799.
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 2.52%, while the 200-Day Moving Average is calculated to be 30.23%.
Shares Statistics:
It appears that AROC traded 1.37M shares on average per day over the past three months and 1398300 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 91.20% stake in the company. Shares short for AROC as of 1711584000 were 4587063 with a Short Ratio of 3.36, compared to 1709164800 on 4258336. Therefore, it implies a Short% of Shares Outstanding of 4587063 and a Short% of Float of 4.099999700000001.
Dividends & Splits
With its trailing 12-month dividend rate of 0.625, AROC has a forward annual dividend rate of 0.62. The stock’s 5-year Average Dividend Yield is 6.66.
Earnings Estimates
The current assessment of Archrock Inc (AROC) involves the perspectives of Ares Capital Corporation analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $19.07, with high estimates of $1.36 and low estimates of $10.64.
Analysts are recommending an EPS of between $Basic Materials and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Energy.
