Archrock, Inc. Expected to Earn FY2025 Earnings of $1.04 Per Share (NYSE:AROC)

Archrock, Inc. (NYSE:AROCFree Report) – Stock analysts at Sidoti Csr upped their FY2025 earnings estimates for Archrock in a research note issued on Friday, January 26th. Sidoti Csr analyst S. Ferazani now expects that the energy company will post earnings per share of $1.04 for the year, up from their prior forecast of $0.96. The consensus estimate for Archrock’s current full-year earnings is $0.67 per share.

Archrock (NYSE:AROCGet Free Report) last posted its quarterly earnings data on Wednesday, November 1st. The energy company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The business had revenue of $253.37 million for the quarter, compared to analysts’ expectations of $252.04 million. Archrock had a net margin of 8.68% and a return on equity of 10.04%.

Several other equities research analysts have also recently commented on the stock. Raymond James boosted their price objective on shares of Archrock from $14.00 to $15.00 and gave the company an “outperform” rating in a research report on Tuesday, October 17th. StockNews.com lowered shares of Archrock from a “buy” rating to a “hold” rating in a research note on Wednesday, November 22nd. One analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.33.

Read Our Latest Stock Report on Archrock

Archrock Trading Up 1.2 %

AROC opened at $16.79 on Monday. The stock has a market capitalization of $2.62 billion, a P/E ratio of 31.67, a P/E/G ratio of 2.63 and a beta of 1.62. Archrock has a 12 month low of $8.78 and a 12 month high of $16.85. The firm’s fifty day simple moving average is $15.12 and its 200 day simple moving average is $13.53. The company has a current ratio of 1.41, a quick ratio of 0.86 and a debt-to-equity ratio of 1.86.

Archrock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 13th. Stockholders of record on Tuesday, February 6th will be issued a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date is Monday, February 5th. This is an increase from Archrock’s previous quarterly dividend of $0.16. Archrock’s dividend payout ratio is 116.98%.

Institutional Trading of Archrock

A number of institutional investors and hedge funds have recently made changes to their positions in AROC. Janney Montgomery Scott LLC increased its position in Archrock by 7.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 13,718 shares of the energy company’s stock worth $141,000 after purchasing an additional 902 shares in the last quarter. Captrust Financial Advisors increased its position in Archrock by 3.7% during the 2nd quarter. Captrust Financial Advisors now owns 25,608 shares of the energy company’s stock worth $262,000 after purchasing an additional 907 shares in the last quarter. Profund Advisors LLC increased its position in Archrock by 4.3% during the 2nd quarter. Profund Advisors LLC now owns 28,649 shares of the energy company’s stock worth $294,000 after purchasing an additional 1,192 shares in the last quarter. Parallel Advisors LLC increased its position in Archrock by 70.6% during the 2nd quarter. Parallel Advisors LLC now owns 2,921 shares of the energy company’s stock worth $30,000 after purchasing an additional 1,209 shares in the last quarter. Finally, Advisor Group Holdings Inc. increased its position in Archrock by 2.1% during the 4th quarter. Advisor Group Holdings Inc. now owns 58,600 shares of the energy company’s stock worth $526,000 after purchasing an additional 1,212 shares in the last quarter. Institutional investors own 81.53% of the company’s stock.

About Archrock

(Get Free Report)

Archrock, Inc, together with its subsidiaries, operates as an energy infrastructure company in the United States. It operates in two segments, Contract Operations and Aftermarket Services. The company engages in the designing, sourcing, owning, installing, operating, servicing, repairing, and maintaining its owned fleet of natural gas compression equipment to provide natural gas compression services to customers in the oil and natural gas industry.

Further Reading

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