Archrock Inc (AROC) stock expected to gain 15.24% in the coming months

Archrock Inc [AROC] stock is trading at $19.09, up 0.79%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AROC shares have gain 7.07% over the last week, with a monthly amount drifted -11.95%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Archrock Inc [NYSE: AROC] stock has seen the most recent analyst activity on December 09, 2022, when Raymond James initiated its Outperform rating and assigned the stock a price target of $10. Previously, CapitalOne downgraded its rating to Equal Weight on November 04, 2020. On June 29, 2020, Stifel initiated with a Buy rating and assigned a price target of $8 on the stock. B. Riley FBR Inc. reiterated its Buy rating and increased its price target to $15 on May 22, 2018. B. Riley FBR Inc. upgraded its rating to a Buy and raised its price target to $14 on May 09, 2018. JP Morgan downgraded its rating to Neutral for this stock on May 01, 2018. In a note dated March 22, 2018, JP Morgan upgraded an Overweight rating on this stock.

Archrock Inc [AROC] stock has fluctuated between $11.73 and $23.44 over the past year. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Archrock Inc [NYSE: AROC] shares were valued at $19.09 at the most recent close of the market. An investor can expect a potential return of 15.24% based on the average AROC price forecast.

Analyzing the AROC fundamentals

Archrock Inc [NYSE:AROC] reported sales of 1.05B for the trailing twelve months, which represents a growth of 9.28%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.8.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.90 points at the first support level, and at 18.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.19, and for the 2nd resistance point, it is at 19.28.

Ratios To Look Out For

For context, Archrock Inc’s Current Ratio is 1.53. As well, the Quick Ratio is 0.94, while the Cash Ratio is 0.01. Considering the valuation of this stock, the price to sales ratio is 3.07, the price to book ratio is 3.34 and price to earnings (TTM) ratio is 21.63.

Transactions by insiders

Recent insider trading involved Henderson Donna A, VP, CHIEF ACCOUNTING OFFICER, that happened on Aug 23 ’23 when 10802.0 shares were sold.

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