Archrock Inc (NYSE: AROC) kicked off on Friday, down -2.08% from the previous trading day, before settling in for the closing price of $21.11. Over the past 52 weeks, AROC has traded in a range of $12.41-$23.44.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 2.40%. While this was happening, its average annual earnings per share was recorded 62.42%. With a float of $153.28 million, this company’s outstanding shares have now reached $155.96 million.
Considering the fact that the conglomerate employs 1100 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 40.78%, operating margin of 15.52%, and the pretax margin is 17.69%.
Archrock Inc (AROC) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Archrock Inc is 12.82%, while institutional ownership is 83.28%.
Archrock Inc (AROC) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.2 earnings per share (EPS), higher than consensus estimate (set at 0.19) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 29.28% growth over the previous five years of trading.
Archrock Inc (NYSE: AROC) Trading Performance Indicators
Take a look at Archrock Inc’s (AROC) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 37.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 1.45 in one year’s time.
Technical Analysis of Archrock Inc (AROC)
Compared to the last year’s volume of 1.45 million, its volume of 1.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.47%. Additionally, its Average True Range was 0.55.
During the past 100 days, Archrock Inc’s (AROC) raw stochastic average was set at 55.14%, which indicates a significant increase from 33.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.37% in the past 14 days, which was lower than the 35.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.13, while its 200-day Moving Average is $19.27. Nevertheless, the first resistance level for the watch stands at $20.95 in the near term. At $21.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.38. If the price goes on to break the first support level at $20.52, it is likely to go to the next support level at $20.38. Should the price break the second support level, the third support level stands at $20.09.
Archrock Inc (NYSE: AROC) Key Stats
The company with the Market Capitalisation of 3.63 billion has total of 156,286K Shares Outstanding. Its annual sales at the moment are 990,340 K in contrast with the sum of 105,000 K annual income. Company’s last quarter sales were recorded 270,530 K and last quarter income was 34,430 K.
