Sidoti Csr Research Analysts Increase Earnings Estimates for Archrock, Inc. (NYSE:AROC)

Archrock, Inc. (NYSE:AROC) – Investment analysts at Sidoti Csr raised their Q4 2024 earnings estimates for Archrock in a research note issued on Thursday, September 5th. Sidoti Csr analyst S. Ferazani now anticipates that the energy company will post earnings of $0.29 per share for the quarter, up from their previous estimate of $0.26. The consensus estimate for Archrock’s current full-year earnings is $1.04 per share. Sidoti Csr also issued estimates for Archrock’s Q3 2025 earnings at $0.35 EPS, Q4 2025 earnings at $0.36 EPS and FY2025 earnings at $1.37 EPS.

A number of other brokerages have also weighed in on AROC. JPMorgan Chase & Co. started coverage on Archrock in a research note on Friday. They issued an “overweight” rating and a $24.00 target price on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $22.00 price objective on shares of Archrock in a research report on Wednesday, August 7th. StockNews.com lowered shares of Archrock from a “buy” rating to a “hold” rating in a research report on Thursday, June 6th. Finally, Stifel Nicolaus raised their price objective on shares of Archrock from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

Archrock Stock Down 1.1 %

AROC opened at $19.17 on Friday. The company has a debt-to-equity ratio of 1.80, a current ratio of 1.53 and a quick ratio of 0.94. Archrock has a one year low of $11.73 and a one year high of $23.44. The firm has a market capitalization of $3.00 billion, a P/E ratio of 23.06 and a beta of 1.51. The company has a fifty day moving average price of $20.35 and a 200-day moving average price of $19.75.

Archrock Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, August 6th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date was Tuesday, August 6th. Archrock’s payout ratio is presently 79.52%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Archrock by 4.9% in the first quarter. Vanguard Group Inc. now owns 18,321,555 shares of the energy company’s stock worth $360,385,000 after buying an additional 849,750 shares during the period. Earnest Partners LLC increased its position in shares of Archrock by 2.6% in the first quarter. Earnest Partners LLC now owns 14,007,955 shares of the energy company’s stock valued at $275,536,000 after acquiring an additional 351,391 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Archrock by 1.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,624,601 shares of the energy company’s stock valued at $163,620,000 after acquiring an additional 145,397 shares during the last quarter. Blackstone Inc. boosted its holdings in shares of Archrock by 4,211.9% during the fourth quarter. Blackstone Inc. now owns 5,903,142 shares of the energy company’s stock worth $90,908,000 after purchasing an additional 5,766,237 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Archrock by 5.8% in the first quarter. Sei Investments Co. now owns 5,409,863 shares of the energy company’s stock worth $106,412,000 after purchasing an additional 295,998 shares during the last quarter. Hedge funds and other institutional investors own 95.45% of the company’s stock.

Archrock Company Profile

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