Archrock Inc (NYSE: AROC) is 67.92% higher on its value in year-to-date trading and has touched a low of $13.95 and a high of $25.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AROC stock was last observed hovering at around $25.74 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $25.86, the stock is 14.42% and 20.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.5 million and changing 0.47% at the moment leaves the stock 28.78% off its SMA200. AROC registered 79.83% gain for a year compared to 6-month gain of 30.67%. The firm has a 50-day simple moving average (SMA 50) of $21.5204 and a 200-day simple moving average (SMA200) of $20.0815.
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The stock witnessed a 28.59% loss in the last 1 month and extending the period to 3 months gives it a 26.89%, and is 11.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.73% over the week and 3.37% over the month.
Archrock Inc (AROC) has around 1100 employees, a market worth around $4.55B and $1.09B in sales. Current P/E ratio is 28.48 and Fwd P/E is 18.66. Profit margin for the company is 13.15%. Distance from 52-week low is 85.38% and 0.04% from its 52-week high. The company has generated returns on investments over the last 12 months (4.05%).
with sales reaching $326.77M over the same period.The EPS is expected to grow by 59.36% this year, but quarterly earnings will post 16.48% year-over-year. Quarterly sales are estimated to grow 25.88% in year-over-year returns.
Archrock Inc (AROC) Top Institutional Holders
411.0 institutions hold shares in Archrock Inc (AROC), with institutional investors hold 102.43% of the company’s shares. The shares outstanding are 155.96M, and float is at 145.95M with Short Float at 3.80%. Institutions hold 95.44% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 24.07 million shares valued at $486.75 million. The investor’s holdings represent 15.6126% of the AROC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.22 million shares valued at $388.57 million to account for 12.4635 of the shares outstanding. The other top investors are EARNEST PARTNERS LLC which holds 13.42 million shares representing 8.703% and valued at over $271.33 million, while DIMENSIONAL FUND ADVISORS LP holds 6.1951 of the shares totaling 9.55 million with a market value of $193.14 million.
Archrock Inc (AROC) Insider Activity
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