Archrock Inc (NYSE: AROC) has experienced a rise in its stock price by 0.70 compared to its previous closing price of 20.03. However, the company has seen a gain of 5.11% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price.
Is It Worth Investing in Archrock Inc (NYSE: AROC) Right Now?
The price-to-earnings ratio for Archrock Inc (NYSE: AROC) is above average at 24.56x, Company’s 36-month beta value is 1.56.Analysts have differing opinions 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 floaft. The average trading volume of AROC on May 08, 2024 was 1.40M shares.
AROC’s Market Performance
The stock of Archrock Inc (AROC) has seen a 5.11% increase in the past week, with a -3.45% drop in the past month, and a 27.90% gain in the past quarter. The volatility ratio for the week is 3.42%, and the volatility levels for the past 30 days are at 3.30% for AROC.. The simple moving average for the past 20 days is 1.54% for AROC’s stock, with a 31.76% 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 4.04% 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 -5.75% of loss for the given period.
Volatility was left at 3.30%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares sank -1.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.56% upper at present.
During the last 5 trading sessions, AROC rose by +5.11%, which changed the moving average for the period of 200-days by +87.80% in comparison to the 20-day moving average, which settled at $19.85. In addition, Archrock Inc saw 30.97% 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:
- 0.14 for the present operating margin
- 0.4 for the gross margin
The net margin for Archrock Inc stands at 0.13. The total capital return value is set at 0.06. Equity return is now at value 14.64, with 4.81 for asset returns.
Based on Archrock Inc (AROC), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.78. The interest coverage ratio of the stock is 1.3.
Currently, EBITDA for the company is 426.91 million with net debt to EBITDA at 4.2. When we switch over and look at the enterprise to sales, we see a ratio of 4.6. The receivables turnover for the company is 9.77for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.26.
Conclusion
In a nutshell, Archrock Inc (AROC) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
