Archrock Stock Today

AROC Stock  USD 19.67  0.33  1.71%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 1

 
100  
 
Zero
Very Small
Archrock is trading at 19.67 as of the 29th of March 2024, a 1.71 percent increase since the beginning of the trading day. The stock's open price was 19.34. Archrock has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Archrock are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2023 and ending today, the 29th of March 2024. Click here to learn more.
Business Domain
Energy
IPO Date
1st of July 1997
Archrock, Inc., together with its subsidiaries, operates as an energy infrastructure company in the United States. Archrock, Inc. was founded in 1990 and is headquartered in Houston, Texas. Archrock operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. The company has 156.29 M outstanding shares of which 5.37 M shares are presently shorted by private and institutional investors with about 3.46 trading days to cover. More on Archrock

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Archrock Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Archrock's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Archrock or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODouglas Childers
Business ConcentrationOil & Gas Equipment & Services, Energy, NYSE Composite, SP Small-Cap 600, Dow Jones Oil, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Analysts covering Archrock report their recommendations after researching Archrock's financial statements, talking to executives and customers, or listening in on Archrock's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Archrock. The Archrock consensus assessment is calculated by taking the average forecast from all of the analysts covering Archrock.
Financial Strength
Based on the analysis of Archrock's profitability, liquidity, and operating efficiency, Archrock is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Archrock is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.450.3729
Fairly Up
Slightly volatile
Gross Profit Margin0.370.3787
Fairly Down
Pretty Stable
Net Debt1.5 B1.6 B
Notably Down
Slightly volatile
Total Current Liabilities265.9 M152.1 M
Way Up
Slightly volatile
Non Current Liabilities Total1.7 B1.6 B
Notably Up
Pretty Stable
Total Assets3.4 B2.7 B
Significantly Up
Pretty Stable
Total Current Assets202.5 M213.2 M
Notably Down
Slightly volatile
Total Cash From Operating Activities282.9 M310.2 M
Significantly Down
Pretty Stable
Archrock's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Archrock's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Archrock's financial leverage. It provides some insight into what part of Archrock's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Archrock's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Archrock deploys its capital and how much of that capital is borrowed.
Liquidity
Archrock cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 1.6 B in liabilities with Debt to Equity (D/E) ratio of 1.74, which is about average as compared to similar companies. Archrock has a current ratio of 1.11, suggesting that it is in a questionable position to pay out its financial obligations when due. Debt can assist Archrock until it has trouble settling it off, either with new capital or with free cash flow. So, Archrock's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Archrock sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Archrock to invest in growth at high rates of return. When we think about Archrock's use of debt, we should always consider it together with cash and equity.

Change To Inventory

3.8 Million
Archrock (AROC) is traded on New York Stock Exchange in USA. It is located in 9807 Katy Freeway, Houston, TX, United States, 77024 and employs 1,100 people. Archrock is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Archrock's market, we take the total number of its shares issued and multiply it by Archrock's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Archrock conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 156.29 M outstanding shares of which 5.37 M shares are presently shorted by private and institutional investors with about 3.46 trading days to cover. Archrock currently holds about 2.04 M in cash with 310.19 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Archrock Probability Of Bankruptcy
Ownership Allocation
Archrock holds a total of 156.29 Million outstanding shares. The majority of Archrock outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Archrock to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Archrock. Please pay attention to any change in the institutional holdings of Archrock as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Archrock Ownership Details

Archrock Stock Price Odds Analysis

What are Archrock's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Archrock jumping above the current price in 90 days from now is nearly 4.56%. The Archrock probability density function shows the probability of Archrock stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.2104. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Archrock will likely underperform. Additionally, archrock has an alpha of 0.2308, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 19.67HorizonTargetOdds Above 19.67
95.40%90 days
 19.67 
4.56%
Based on a normal probability distribution, the odds of Archrock to move above the current price in 90 days from now is nearly 4.56 (This Archrock probability density function shows the probability of Archrock Stock to fall within a particular range of prices over 90 days) .

Archrock Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Archrock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Archrock's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Archrock's value.
InstituionRecorded OnShares
Bank Of New York Mellon Corp2023-09-30
2.2 M
Morgan Stanley - Brokerage Accounts2023-09-30
2.2 M
Charles Schwab Investment Management Inc2023-09-30
M
Northern Trust Corp2023-09-30
1.7 M
Jpmorgan Chase & Co2023-09-30
1.2 M
Mirae Asset Global Investments (korea) Co Ltd2023-09-30
1.1 M
Norges Bank2023-12-31
M
Millennium Management Llc2023-09-30
M
Bridgeway Capital Management, Llc2023-09-30
905 K
Blackrock Inc2023-09-30
24.4 M
Vanguard Group Inc2023-09-30
17.4 M
View Archrock Diagnostics

Archrock Historical Income Statement

Archrock Income Statement is one of the three primary financial statements used for reporting Archrock's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Archrock revenue and expense. Archrock Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Archrock's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 195.4 M, whereas Gross Profit is forecasted to decline to about 340.2 M. View More Fundamentals

Archrock Stock Against Markets

Picking the right benchmark for Archrock stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Archrock stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Archrock is critical whether you are bullish or bearish towards Archrock at a given time. Please also check how Archrock's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Archrock without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Advice

Analyst recommendations and target price estimates broken down by several categories
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Archrock Corporate Directors

Archrock corporate directors refer to members of an Archrock board of directors. The board of directors generally takes responsibility for the Archrock's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Archrock's board members must vote for the resolution. The Archrock board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Wendell BrooksIndependent DirectorProfile
Edmund SegnerIndependent DirectorProfile
Jason RebrookDirector, Representative Director of Old OceanProfile
James LytalIndependent DirectorProfile

How to buy Archrock Stock?

Before investing in Archrock, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Archrock. To buy Archrock stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Archrock. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Archrock stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Archrock stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Archrock stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Archrock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Archrock Stock please use our How to Invest in Archrock guide.

Already Invested in Archrock?

The danger of trading Archrock is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Archrock is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Archrock. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Archrock is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Archrock offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Archrock's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Archrock Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Archrock Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Archrock. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
For information on how to trade Archrock Stock refer to our How to Trade Archrock Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Archrock's price analysis, check to measure Archrock's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Archrock is operating at the current time. Most of Archrock's value examination focuses on studying past and present price action to predict the probability of Archrock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archrock's price. Additionally, you may evaluate how the addition of Archrock to your portfolios can decrease your overall portfolio volatility.
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Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Is Archrock's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Archrock. If investors know Archrock will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Archrock listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.18
Dividend Share
0.625
Earnings Share
0.67
Revenue Per Share
6.426
Quarterly Revenue Growth
0.186
The market value of Archrock is measured differently than its book value, which is the value of Archrock that is recorded on the company's balance sheet. Investors also form their own opinion of Archrock's value that differs from its market value or its book value, called intrinsic value, which is Archrock's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Archrock's market value can be influenced by many factors that don't directly affect Archrock's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Archrock's value and its price as these two are different measures arrived at by different means. Investors typically determine if Archrock is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Archrock's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.