Sidoti Csr Has Positive Outlook of Archrock FY2025 Earnings

Archrock, Inc. (NYSE:AROC - Free Report) - Equities researchers at Sidoti Csr raised their FY2025 earnings per share (EPS) estimates for shares of Archrock in a research report issued on Wednesday, February 26th. Sidoti Csr analyst S. Ferazani now expects that the energy company will post earnings of $1.57 per share for the year, up from their prior forecast of $1.29. The consensus estimate for Archrock's current full-year earnings is $1.09 per share. Sidoti Csr also issued estimates for Archrock's FY2026 earnings at $1.90 EPS.

Several other equities research analysts have also recently weighed in on the stock. JPMorgan Chase & Co. increased their price target on shares of Archrock from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Friday, November 29th. Royal Bank of Canada increased their target price on shares of Archrock from $26.00 to $27.00 and gave the stock an "outperform" rating in a report on Thursday, November 14th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $25.17.

Archrock Trading Down 3.6 %

Shares of NYSE:AROC traded down $0.93 during trading on Friday, reaching $25.11. 2,084,172 shares of the company traded hands, compared to its average volume of 1,356,359. The company has a current ratio of 1.26, a quick ratio of 0.82 and a debt-to-equity ratio of 1.73. Archrock has a 52-week low of $17.26 and a 52-week high of $30.44. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 27.59, a P/E/G ratio of 1.60 and a beta of 1.57. The business's fifty day moving average is $27.31 and its 200-day moving average is $23.83.

Archrock Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.19 per share. This is a positive change from Archrock's previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.03%. Archrock's payout ratio is presently 73.08%.

Hedge Funds Weigh In On Archrock

A number of institutional investors have recently bought and sold shares of AROC. Creative Planning boosted its position in Archrock by 18.7% during the 3rd quarter. Creative Planning now owns 27,299 shares of the energy company's stock valued at $553,000 after acquiring an additional 4,301 shares in the last quarter. Raymond James & Associates boosted its position in shares of Archrock by 15.2% during the third quarter. Raymond James & Associates now owns 158,108 shares of the energy company's stock valued at $3,200,000 after purchasing an additional 20,896 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Archrock in the third quarter worth $11,230,000. Louisiana State Employees Retirement System raised its holdings in Archrock by 18.1% in the third quarter. Louisiana State Employees Retirement System now owns 81,700 shares of the energy company's stock worth $1,654,000 after purchasing an additional 12,500 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Archrock by 51.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 17,267 shares of the energy company's stock valued at $349,000 after buying an additional 5,894 shares during the period. 95.45% of the stock is owned by institutional investors.

About Archrock

Archrock, Inc, together with its subsidiaries, operates as an energy infrastructure company in the United States. The company operates in two segments, Contract Operations and Aftermarket Services. It engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining of its owned fleet of natural gas compression equipment to provide natural gas compression services.