Sidoti Csr Has Bullish Forecast for Archrock FY2025 Earnings

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) - Sidoti Csr increased their FY2025 earnings per share estimates for Archrock in a research note issued on Wednesday, August 6th. Sidoti Csr analyst S. Ferazani now expects that the energy company will post earnings per share of $1.61 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.

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

Other equities analysts have also issued research reports about the company. Sidoti raised Archrock to a "hold" rating in a research report on Wednesday, May 7th. Evercore ISI lowered their price target on shares of Archrock from $32.00 to $31.00 and set an "outperform" rating for the company in a research report on Wednesday. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Archrock currently has an average rating of "Moderate Buy" and an average target price of $28.40.

Archrock Stock Up 0.2%

AROC stock traded up $0.04 during midday trading on Friday, hitting $22.88. The stock had a trading volume of 160,375 shares, compared to its average volume of 1,418,142. The business has a 50-day moving average of $24.14 and a two-hundred day moving average of $25.11. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.81 and a quick ratio of 0.96. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 1.23 and a beta of 1.10. Archrock has a 52-week low of $18.38 and a 52-week high of $30.44.

Archrock declared that its Board of Directors has authorized a stock buyback program on Monday, May 5th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the energy company to reacquire up to 1.2% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Archrock Increases Dividend

The company also recently disclosed 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. This is a positive change from Archrock's previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, August 5th. This represents a $0.84 annualized dividend and a yield of 3.7%. Archrock's payout ratio is currently 63.64%.

Institutional Trading of Archrock

Institutional investors and hedge funds have recently bought and sold shares of the company. Farther Finance Advisors LLC lifted its holdings in Archrock by 164.8% in the first quarter. Farther Finance Advisors LLC now owns 964 shares of the energy company's stock valued at $26,000 after acquiring an additional 600 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Archrock in the 1st quarter worth approximately $33,000. Jones Financial Companies Lllp boosted its holdings in shares of Archrock by 217.9% in the first quarter. Jones Financial Companies Lllp now owns 1,316 shares of the energy company's stock worth $35,000 after buying an additional 902 shares during the last quarter. TCTC Holdings LLC boosted its holdings in shares of Archrock by 119.6% in the first quarter. TCTC Holdings LLC now owns 1,599 shares of the energy company's stock worth $42,000 after buying an additional 871 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in Archrock during the first quarter valued at approximately $47,000. 95.45% of the stock is currently owned by institutional investors.

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.

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