Archrock Inc (NYSE: AROC) is 1.57% higher on its value in year-to-date trading and has touched a low of $17.26 and a high of $30.44 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 $25.11 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $25.28, the stock is -6.82% and -6.80% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.51 million and changing 0.68% at the moment leaves the stock 11.75% off its SMA200. AROC registered 37.69% gain for a year compared to 6-month gain of 24.96%.
The stock witnessed a -11.67% loss in the last 1 month and extending the period to 3 months gives it a -1.33%, and is -5.03% down 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 4.12% over the week and 3.26% over the month.
Archrock Inc (AROC) has around 1300 employees, a market worth around $4.43B and $1.16B in sales. Current P/E ratio is 24.34 and Fwd P/E is 14.10. Profit margin for the company is 14.68%. Distance from 52-week low is 46.42% and -16.95% from its 52-week high. The company has generated returns on investments over the last 12 months (4.81%).
The EPS is expected to grow by 45.40% this year
The shares outstanding are 175.17M, and float is at 149.34M with Short Float at 4.10%.
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 8.6856 and valued at over $271.33 million, while DIMENSIONAL FUND ADVISORS LP holds 6.1827 of the shares totaling 9.55 million with a market value of $193.14 million.
Archrock Inc (AROC) Insider Activity
A total of 0 insider transactions have happened at Archrock Inc (AROC) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Archrock Inc (AROC): Who are the competitors?
One of the company’s main competitors (and peers) include Veolia Environnement S.A. ADR (VEOEY) that is trading 3.03% up over the past 12 months.Schlumberger Ltd. (SLB) lies in the list of competitors of the Archrock Inc and is -21.19% lower over the same period from AROCBaker Hughes Co. (BKR) is 38.48% up on the 1-year trading charts.
