Archrock (NYSE:AROC – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Thursday, Zacks reports.
Other equities analysts have also issued reports about the stock. Weiss Ratings lowered shares of Archrock from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, October 28th. JPMorgan Chase & Co. reduced their price objective on shares of Archrock from $42.00 to $41.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Evercore set a $40.00 target price on shares of Archrock in a report on Monday, August 17th. Royal Bank Of Canada upped their target price on shares of Archrock from $44.00 to $46.00 and gave the company an “outperform” rating in a report on Monday, August 17th. Finally, Wells Fargo & Company dropped their target price on shares of Archrock from $43.00 to $40.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Nine equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Archrock currently has an average rating of “Moderate Buy” and an average price target of $42.12.
Read Our Latest Research Report on AROC
Archrock Stock Up 3.7%
Shares of AROC traded up $0.99 during mid-day trading on Thursday, reaching $27.59. The company’s stock had a trading volume of 2,213,670 shares, compared to its average volume of 1,673,989. Archrock has a 12-month low of $22.88 and a 12-month high of $42.23. The stock has a market cap of $4.84 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.47 and a beta of 0.96. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.39 and a quick ratio of 0.94. The company’s 50 day moving average is $30.64 and its 200 day moving average is $34.09.
Archrock (NYSE:AROC – Get Free Report) last posted its earnings results on Monday, November 2nd. The energy company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.04. The firm had revenue of $370.81 million during the quarter, compared to analysts’ expectations of $385.95 million. Archrock had a return on equity of 22.61% and a net margin of 22.89%. The firm’s revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.42 earnings per share. Equities analysts anticipate that Archrock will post 1.73 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in Archrock in the first quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Archrock in the 2nd quarter valued at $56,000. Public Employees Retirement System of Ohio acquired a new position in shares of Archrock in the 2nd quarter valued at $83,000. Valley National Advisers Inc. purchased a new stake in Archrock in the 3rd quarter valued at $104,000. Finally, Allworth Financial LP raised its position in Archrock by 17.8% in the 3rd quarter. Allworth Financial LP now owns 3,456 shares of the energy company’s stock valued at $105,000 after purchasing an additional 522 shares during the last quarter. Hedge funds and other institutional investors own 95.45% of the company’s stock.
More Archrock News
Here are the key news stories impacting Archrock this week:
- Positive Sentiment: Zacks Research upgraded Archrock from “strong sell” to “hold,” a less-negative view that may provide modest support. Zacks rating update
- Positive Sentiment: Sidoti raised its 2026 EPS estimate to $1.73 from $1.71, in line with the cited consensus, and estimated 2028 EPS at $2.34. The longer-term forecast suggests potential earnings growth, though it is an estimate rather than a reported result. Archrock analyst estimates
- Positive Sentiment: Wells Fargo maintained its Buy rating on Archrock, signaling continued analyst confidence. Wells Fargo rating report
- Negative Sentiment: Sidoti cut its FY2027 EPS forecast to $2.07 from $2.17 and reduced estimates for each quarter from Q4 2026 through Q4 2027. The downward revisions suggest a softer near-term earnings outlook and could pressure the shares. Archrock analyst estimates
About Archrock
Archrock, Inc (NYSE: AROC) is a Houston-based energy infrastructure company that provides natural gas compression services in the United States. Compression is used to increase the pressure of natural gas so it can move efficiently through gathering systems, processing facilities, transmission pipelines and other midstream infrastructure.
The company operates a fleet of natural gas compressors and primarily serves customers through contract compression arrangements. Its services support a range of applications, including natural gas gathering, processing, transmission, storage and production.
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