A new trading day began on Tuesday, with Archrock Inc (NYSE: AROC) stock price up 1.73% from the previous day of trading, before settling in for the closing price of $20.19. AROC’s price has ranged from $13.15 to $23.44 over the past 52 weeks.
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Annual sales at Energy sector company grew by 2.40% over the past five years. Meanwhile, its annual earnings per share averaged 62.42%. With a float of $153.28 million, this company’s outstanding shares have now reached $155.96 million.
Let’s look at the performance matrix of the company that is accounted for 1100 employees. 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Archrock Inc is 12.82%, while institutional ownership is 83.34%.
Archrock Inc (AROC) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 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
Here are Archrock Inc’s current performance indicators. According to the last quarter’s results, the 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 3.43. Likewise, its price to free cash flow for the trailing twelve months is 36.86.
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)
Archrock Inc (NYSE: AROC) saw its 5-day average volume 0.89 million, a negative change from its year-to-date volume of 1.42 million. As of the previous 9 days, the stock’s Stochastic %D was 53.48%. Additionally, its Average True Range was 0.48.
During the past 100 days, Archrock Inc’s (AROC) raw stochastic average was set at 53.04%, which indicates a significant increase from 43.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.44% in the past 14 days, which was lower than the 33.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.34, while its 200-day Moving Average is $19.58. Nevertheless, the first resistance level for the watch stands at $20.66 in the near term. At $20.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.98. If the price goes on to break the first support level at $20.33, it is likely to go to the next support level at $20.12. Assuming the price breaks the second support level, the third support level stands at $20.01.
Archrock Inc (NYSE: AROC) Key Stats
With a market capitalization of 3.61 billion, the company has a total of 168,939K Shares Outstanding. Currently, annual sales are 990,340 K while annual income is 105,000 K. The company’s previous quarter sales were 270,530 K while its latest quarter income was 34,430 K.
