Archrock Inc (AROC) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Archrock Inc (NYSE: AROC) is above average at 30.88x. The 36-month beta value for AROC is also noteworthy at 1.58. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”

The public float for AROC is 133.89M, and at present, short sellers hold a 4.01% of that float. The average trading volume of AROC on April 03, 2024 was 1.29M shares.

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AROC) stock’s latest price update

The stock of Archrock Inc (NYSE: AROC) has increased by 3.94 when compared to last closing price of 19.80. Despite this, the company has experienced a 6.08% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that Here is how Archrock Inc. (AROC) and Murphy USA (MUSA) have performed compared to their sector so far this year.

AROC’s Market Performance

AROC’s stock has risen by 6.08% in the past week, with a monthly rise of 12.09% and a quarterly rise of 33.64%. The volatility ratio for the week is 2.60% while the volatility levels for the last 30 days are 2.72% for Archrock Inc The simple moving average for the past 20 days is 9.07% for AROC’s stock, with a 46.27% simple moving average for the past 200 days.

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.

Stifel gave a rating of “Buy” to AROC, setting the target price at $8 in the report published on June 29th of the previous year.

AROC Trading at 16.63% 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 able to rebound, for now settling with 2.18% of gains for the given period.

Volatility was left at 2.72%, however, over the last 30 days, the volatility rate increased by 2.60%, as shares surge +12.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.86% upper at present.

During the last 5 trading sessions, AROC rose by +6.08%, which changed the moving average for the period of 200-days by +106.01% in comparison to the 20-day moving average, which settled at $18.98. In addition, Archrock Inc saw 33.64% 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 ’23. After this action, Henderson Donna A now owns 39,237 shares of Archrock Inc, valued at $137,942 using the latest closing price.

Stock Fundamentals for AROC

Current profitability levels for the company are sitting at:

  • 0.38 for the gross margin

The net margin for Archrock Inc stands at 0.11. Equity return is now at value 11.90, with 3.92 for asset returns.

Based on Archrock Inc (AROC), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19.

Currently, EBITDA for the company is 426.91 million with net debt to EBITDA at 5.3. When we switch over and look at the enterprise to sales, we see a ratio of 4.86. The receivables turnover for the company is 7.98for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.

Conclusion

In summary, Archrock Inc (AROC) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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