Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Archrock Inc (NYSE: AROC) closed the day trading at $23.65 down -6.45% from the previous closing price of $25.28. In other words, the price has decreased by -$6.45 from its previous closing price. On the day, 2.22 million shares were traded.
Ratios:
For a better understanding of AROC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 937.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.75. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 1.67 whereas as Long-Term Debt/Eq ratio is at 1.67.
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:
As of this moment, Archrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.77, and their Forward P/E ratio for the next fiscal year is 13.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 3.13.
Stock Price History:
Over the past 52 weeks, AROC has reached a high of $30.44, while it has fallen to a 52-week low of $17.26. The 50-Day Moving Average of the stock is -12.79%, while the 200-Day Moving Average is calculated to be 4.47%.
Shares Statistics:
A total of 175.17M shares are outstanding, with a floating share count of 149.34M. Insiders hold about 14.79% of the company’s shares, while institutions hold 93.91% stake in the company.
Earnings Estimates
The stock of Archrock Inc (AROC) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.38, with high estimates of $0.38 and low estimates of $0.38.
Analysts are recommending an EPS of between $1.56 and $1.56 for the fiscal current year, implying an average EPS of $1.56. EPS for the following year is $1.68, with 3.0 analysts recommending between $1.78 and $1.55.
Revenue Estimates
2 analysts predict $341.88M in revenue for the current quarter. It ranges from a high estimate of $342.37M to a low estimate of $341.39M. As of the current estimate, Archrock Inc’s year-ago sales were $268.49MFor the next quarter, 2 analysts are estimating revenue of $348.64M. There is a high estimate of $349.69M for the next quarter, whereas the lowest estimate is $347.59M.
A total of 2 analysts have provided revenue estimates for AROC’s current fiscal year. The highest revenue estimate was $1.42B, while the lowest revenue estimate was $1.41B, resulting in an average revenue estimate of $1.41B. In the same quarter a year ago, actual revenue was $1.16BBased on 4 analysts’ estimates, the company’s revenue will be $1.51B in the next fiscal year. The high estimate is $1.52B and the low estimate is $1.48B.
