Media stories about Archrock (NYSE:AROC) have been trending somewhat positive on Monday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Archrock earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 47.0817398282459 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Several equities analysts have recently commented on the stock. BidaskClub downgraded shares of Archrock from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 11th. Zacks Investment Research raised shares of Archrock from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a report on Tuesday, October 3rd. Royal Bank of Canada reissued a “buy” rating and issued a $13.00 target price on shares of Archrock in a report on Wednesday, September 27th. ValuEngine raised shares of Archrock from a “sell” rating to a “hold” rating in a report on Friday, December 1st. Finally, Scotiabank reissued a “hold” rating and issued a $14.00 target price on shares of Archrock in a report on Friday, November 3rd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $13.25.
Shares of Archrock (NYSE:AROC) opened at $9.85 on Monday. Archrock has a 1 year low of $8.30 and a 1 year high of $16.40. The firm has a market cap of $757.11, a price-to-earnings ratio of -10.05 and a beta of 3.40. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.63 and a quick ratio of 0.94.
Archrock (NYSE:AROC) last announced its quarterly earnings results on Thursday, November 2nd. The energy company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.08) by ($0.01). Archrock had a negative return on equity of 2.93% and a negative net margin of 8.62%. The business had revenue of $197.85 million during the quarter, compared to the consensus estimate of $202.34 million. During the same quarter in the prior year, the firm posted $0.01 EPS. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. analysts forecast that Archrock will post -0.23 EPS for the current fiscal year.
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Archrock Company Profile
Archrock, Inc is a natural gas contract operations services company. The Company also provides natural gas compression services to customers in the oil and natural gas industry throughout the United States and supplies aftermarket services to customers that own compression equipment in the United States.
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