In the past week, AROC stock has gone up by 6.29%, with a monthly gain of 9.40% and a quarterly surge of 12.25%. The volatility ratio for the week is 1.80%, and the volatility levels for the last 30 days are 2.72% for Archrock Inc The simple moving average for the last 20 days is 7.33% for AROC’s stock, with a simple moving average of 28.29% for the last 200 days.
Is It Worth Investing in Archrock Inc (NYSE: AROC) Right Now?
Archrock Inc (NYSE: AROC) has a price-to-earnings ratio that is above its average at 27.18x. and a 36-month beta value of 1.69. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AROC is 141.26M, and at present, short sellers hold a 2.66% of that float. On November 16, 2023, the average trading volume of AROC was 1.01M shares.
AROC) stock’s latest price update
Archrock Inc (NYSE: AROC)’s stock price has soared by 0.42 in relation to previous closing price of 14.14. Nevertheless, the company has seen a gain of 6.29% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-03 that Investors interested in stocks from the Oil and Gas – Field Services sector have probably already heard of Liberty Oilfield Services (LBRT) and Archrock Inc. (AROC). But which of these two stocks is more attractive to value investors?
Analysts’ Opinion of AROC
Many brokerage firms have already submitted their reports for AROC stocks, with Raymond James repeating the rating for AROC by listing it as a “Outperform.” The predicted price for AROC in the upcoming period, according to Raymond James is $10 based on the research report published on December 09, 2022 of the previous year 2022.
AROC Trading at 10.74% from the 50-Day Moving Average
After a stumble in the market that brought AROC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.07% of loss for the given period.
Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares surge +9.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.79% upper at present.
During the last 5 trading sessions, AROC rose by +6.29%, which changed the moving average for the period of 200-days by +43.29% in comparison to the 20-day moving average, which settled at $13.29. In addition, Archrock Inc saw 58.13% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AROC starting from Henderson Donna A, who sale 10,802 shares at the price of $12.77 back on Aug 23. After this action, Henderson Donna A now owns 39,237 shares of Archrock Inc, valued at $137,942 using the latest closing price.
Henderson Donna A, the VP, CHIEF ACCOUNTING OFFICER of Archrock Inc, sale 13,961 shares at $11.11 during a trade that took place back on Mar 06, which means that Henderson Donna A is holding 50,039 shares at $155,107 based on the most recent closing price.
Stock Fundamentals for AROC
Current profitability levels for the company are sitting at:
- +17.11 for the present operating margin
- +30.73 for the gross margin
The net margin for Archrock Inc stands at +5.07. The total capital return value is set at 5.94, while invested capital returns managed to touch 1.76. Equity return is now at value 9.31, with 3.05 for asset returns.
Based on Archrock Inc (AROC), the company’s capital structure generated 182.00 points at debt to equity in total, while total debt to capital is 64.54. Total debt to assets is 60.28, with long-term debt to equity ratio resting at 181.62. Finally, the long-term debt to capital ratio is 64.41.
When we switch over and look at the enterprise to sales, we see a ratio of 3.97, with the company’s debt to enterprise value settled at 0.53. The receivables turnover for the company is 6.97 and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.56.
Conclusion
To sum up, Archrock Inc (AROC) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.