Archrock (AROC) Stock Price, News & Analysis

Company Overview

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. The company also sells over-the-counter parts and components; and provides operations, major and routine maintenance, overhaul, and reconfiguration services to customers who own compression equipment. It serves integrated and independent oil and natural gas processors, gatherers, and transporters. The company was formerly known as Exterran Holdings, Inc. and changed its name to Archrock, Inc. in November 2015. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $23.54 to $24.86
• 50-Day Range: $19.92 to $26.67
• 52-Week Range: $14.39 to $27.05
• Volume: 3.89 million shs
• Average Volume: 1.43 million shs
• Market Capitalization: $4.30 billion
• P/E Ratio: 26.98
• Dividend Yield: 2.85%
• Price Target: $25.17
• Consensus Rating: Buy

Archrock Stock Analysis - MarketRank™

Archrock scored higher than 73% of companies evaluated by MarketBeat, and ranked 105th out of 272 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Archrock has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Archrock has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 25.69%

Earnings Growth

Earnings for Archrock are expected to grow by 25.69% in the coming year, from $1.09 to $1.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Archrock is 26.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Archrock is 26.98, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.10.

Price to Book Value per Share Ratio

Archrock has a P/B Ratio of 4.40. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.82% of the float of Archrock has been sold short.

Short Interest Ratio / Days to Cover

Archrock has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Archrock has recently decreased by 7.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Archrock pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Archrock does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Archrock is 76.92%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Archrock will have a dividend payout ratio of 51.09% next year. This indicates that Archrock will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.82% of the float of Archrock has been sold short.

Short Interest Ratio / Days to Cover

Archrock has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Archrock has recently decreased by 7.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 1.61

News Sentiment

Archrock has a news sentiment score of 1.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Archrock this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for AROC on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

MarketBeat Follows

6 people have added Archrock to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Archrock insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.90% of the stock of Archrock is held by insiders.

Percentage Held by Institutions

95.45% of the stock of Archrock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

AROC Stock Analysis - Frequently Asked Questions

How have AROC shares performed this year?

Archrock's stock was trading at $15.40 at the beginning of 2024. Since then, AROC shares have increased by 59.4% and is now trading at $24.55.
View the best growth stocks for 2024 here.

How were Archrock's earnings last quarter?

Archrock, Inc. (NYSE:AROC) announced its earnings results on Monday, November, 11th. The energy company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. Archrock's quarterly revenue was up 15.3% on a year-over-year basis.

Who are Archrock's major shareholders?

Archrock's top institutional shareholders include State Street Corp (3.90%), Geode Capital Management LLC (2.17%), Charles Schwab Investment Management Inc. (1.38%) and Kayne Anderson Capital Advisors LP (0.91%). Insiders that own company stock include Ocean Reserves Lp Old, Donna A Henderson and Eric W Thode.
View institutional ownership trends.

How do I buy shares of Archrock?

Shares of AROC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Archrock own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Archrock investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

• Ex-Dividend for 11/13 Dividend: 11/06/2024
• Last Earnings: 11/11/2024
• Dividend Payable: 11/13/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Natural gas transmission
• Sub-Industry: Utilities
• Current Symbol: NYSE:AROC
• CUSIP: N/A
• CIK: 1389050
• Web: www.archrock.com
• Phone: (281) 836-8000
• Fax: 281-854-3051
• Employees: 1,100
• Year Founded: 1954

Price Target and Rating

• Average Stock Price Target: $25.17
• High Stock Price Target: $27.00
• Low Stock Price Target: $24.00
• Potential Upside/Downside: +2.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.91
• Trailing P/E Ratio: 26.98
• Forward P/E Ratio: 22.52
• P/E Growth: N/A
• Net Income: $105 million
• Net Margins: 13.34%
• Pretax Margin: 18.04%
• Return on Equity: 16.24%
• Return on Assets: 5.40%

Debt

• Debt-to-Equity Ratio: 1.73
• Current Ratio: 1.26
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 3.94
• Cash Flow: $1.81 per share
• Price / Cash Flow: 13.60
• Book Value: $5.58 per share
• Price / Book: 4.40

Miscellaneous

• Outstanding Shares: 175,154,000
• Free Float: 170,075,000
• Market Cap: $4.30 billion
• Optionable: Optionable
• Beta: 1.59