Sidoti Csr Brokers Increase Earnings Estimates for Archrock

Key Points

• Sidoti Csr raised its FY2025 earnings per share estimate for Archrock to $1.61, up from a previous estimate of $1.53, indicating positive growth expectations for the energy company.
• Archrock reported $0.39 earnings per share for the latest quarter, exceeding expectations and showing a significant revenue increase of 41.6% year-over-year.
• The company has also increased its quarterly dividend to $0.21 per share from $0.19, reflecting confidence in its financial health and commitment to returning value to shareholders.

Archrock, Inc. (NYSE:AROC - Free Report) - Research analysts at Sidoti Csr increased their FY2025 earnings per share (EPS) estimates for Archrock in a report issued on Wednesday, August 6th. Sidoti Csr analyst S. Ferazani now anticipates that the energy company will post earnings of $1.61 per share for the year, up from their prior forecast of $1.53. The consensus estimate for Archrock's current full-year earnings is $1.09 per share. Sidoti Csr also issued estimates for Archrock's Q4 2025 earnings at $0.40 EPS.

Several other research firms have also recently weighed in on AROC. Evercore ISI reduced their target price on shares of Archrock from $32.00 to $31.00 and set an "outperform" rating for the company in a research note on Wednesday, August 6th. Sidoti raised shares of Archrock to a "hold" rating in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $28.40.

Archrock Stock Up 2.3%

Shares of Archrock stock traded up $0.54 on Friday, hitting $24.00. 680,234 shares of the company traded hands, compared to its average volume of 1,421,103. The company has a quick ratio of 1.30, a current ratio of 1.81 and a debt-to-equity ratio of 1.86. The company has a market cap of $4.22 billion, a PE ratio of 18.20, a PEG ratio of 1.20 and a beta of 1.10. Archrock has a 12-month low of $18.38 and a 12-month high of $30.44. The company has a 50-day moving average price of $24.06 and a 200 day moving average price of $24.96.

Archrock (NYSE:AROC - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The energy company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. Archrock had a return on equity of 18.74% and a net margin of 17.17%. The company had revenue of $383.15 million for the quarter, compared to analysts' expectations of $366.34 million. During the same quarter in the prior year, the company earned $0.23 earnings per share. The firm's revenue was up 41.6% on a year-over-year basis.

Archrock declared that its Board of Directors has authorized a stock repurchase plan on Monday, May 5th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the energy company to reacquire up to 1.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Archrock Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, August 12th. Investors of record on Tuesday, August 5th will be given a dividend of $0.21 per share. The ex-dividend date of this dividend is Tuesday, August 5th. This is an increase from Archrock's previous quarterly dividend of $0.19. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.5%. Archrock's payout ratio is 63.64%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in AROC. American Century Companies Inc. increased its stake in shares of Archrock by 9.2% in the second quarter. American Century Companies Inc. now owns 5,886,085 shares of the energy company's stock worth $146,152,000 after purchasing an additional 497,121 shares in the last quarter. Rhumbline Advisers raised its holdings in Archrock by 3.2% in the 2nd quarter. Rhumbline Advisers now owns 501,038 shares of the energy company's stock worth $12,441,000 after purchasing an additional 15,685 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Archrock by 78.7% in the 2nd quarter. Franklin Resources Inc. now owns 1,237,956 shares of the energy company's stock worth $30,738,000 after acquiring an additional 545,336 shares in the last quarter. Legal & General Group Plc increased its stake in Archrock by 2.9% during the 2nd quarter. Legal & General Group Plc now owns 501,071 shares of the energy company's stock valued at $12,442,000 after purchasing an additional 14,272 shares in the last quarter. Finally, Magnetar Financial LLC purchased a new stake in shares of Archrock during the 2nd quarter valued at about $852,000. 95.45% of the stock is owned by institutional investors.

About Archrock

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.