In the past week, AROC stock has gone down by -3.81%, with a monthly decline of -3.08% and a quarterly surge of 14.36%. The volatility ratio for the week is 2.92%, and the volatility levels for the last 30 days are 3.17% for Archrock Inc The simple moving average for the last 20 days is -4.70% for AROC stock, with a simple moving average of 27.31% for the last 200 days.
Is It Worth Investing in Archrock Inc (NYSE: AROC) Right Now?
Archrock Inc (NYSE: AROC) has a higher price-to-earnings ratio of 28.79x compared to its average ratio. AROC has 36-month beta value of 1.57. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for AROC is 133.89M, and currently, short sellers hold a 3.97% ratio of that float. The average trading volume of AROC on May 01, 2024 was 1.34M shares.
AROC) stock’s latest price update
The stock of Archrock Inc (NYSE: AROC) has decreased by -4.67 when compared to last closing price of 20.13. Despite this, the company has experienced a -3.81% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-30 that Archrock Inc. (AROC) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.10 per share a year ago.
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 -0.18% 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 -10.33% of loss for the given period.
Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares sank -6.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.61% upper at present.
During the last 5 trading sessions, AROC fell by -3.81%, which changed the moving average for the period of 200-days by +87.04% in comparison to the 20-day moving average, which settled at $20.07. In addition, Archrock Inc saw 24.61% 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 4.64. 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
To put it simply, Archrock Inc (AROC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
