In the latest trading session,, 0.88 million Archrock Inc (NYSE:AROC) shares changed hands as the company’s beta touched 1.55. With the company’s most recent per share price at $19.63 changed hands at -$0.07 or -0.36% at last look, the market valuation stands at $3.07B. AROC’s current price is a discount, trading about -10.04% off its 52-week high of $21.60. The share price had its 52-week low at $8.92, which suggests the last value was 54.56% up since then. When we look at Archrock Inc’s average trading volume, we note the 3-month average coming to 1.45 million.
Archrock Inc (NYSE:AROC) trade information
Instantly AROC was in red as seen in intraday trades today. With action -6.62%, the performance over the past five days has been red. The drop to weekly highs of 20.95 subtracted -0.36% to the stock’s daily price. The company’s shares are showing year-to-date upside of 27.46%, with the 5-day performance at -6.62% in the red. However, in the 30-day time frame, Archrock Inc (NYSE:AROC) is -2.49% down.
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Archrock Inc (AROC) estimates and forecasts
Data shows that the Archrock Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 34.72% over the past 6 months, a 55.07% in annual growth rate that is considerably higher than the industry average of -3.00%. Year-over-year growth is forecast to reach 10.30% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 270.6M. 2 analysts are of the opinion that Archrock Inc’s revenue for the current quarter will be 274.63M. The company’s revenue for the corresponding quarters a year ago was 247.54M and 253.37M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 9.30%. The estimates for the next quarter sales put growth at 8.40%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 29.28%. The 2024 estimates are for Archrock Inc earnings to increase by 60.20%, but the outlook for the next 5-year period is at -12.91% per year.
AROC Dividends
Archrock Inc is expected to release its next quarterly earnings report in June. The 3.26% annual yield figure for the share gives it an annual dividend of 0.64. It is important to note, however, that the 3.26% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
