Archrock Stock Forecast, Price & News

Archrock's stock was trading at $4.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, AROC stock has increased by 45.1% and is now trading at $5.95.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Archrock in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Archrock.

Archrock is scheduled to release its next quarterly earnings announcement on Monday, October 26th 2020.
View our earnings forecast for Archrock.

Archrock Inc (NYSE:AROC) issued its earnings results on Thursday, July, 30th. The energy company reported ($0.20) earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.30. The energy company had revenue of $220.32 million for the quarter, compared to the consensus estimate of $236.82 million. Archrock had a negative net margin of 2.61% and a positive return on equity of 9.65%.
View Archrock's earnings history.

Archrock announced a quarterly dividend on Wednesday, July 29th. Shareholders of record on Monday, August 10th will be given a dividend of $0.145 per share on Friday, August 14th. This represents a $0.58 dividend on an annualized basis and a yield of 9.75%. The ex-dividend date is Friday, August 7th.
View Archrock's dividend history.

2 Wall Street analysts have issued 12 month target prices for Archrock's shares. Their forecasts range from $8.00 to $8.00. On average, they expect Archrock's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 34.5% from the stock's current price.
View analysts' price targets for Archrock.

Archrock saw a decrease in short interest in the month of August. As of August 14th, there was short interest totaling 3,390,000 shares, a decrease of 20.2% from the July 30th total of 4,250,000 shares. Based on an average trading volume of 1,340,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.6% of the shares of the stock are short sold.
View Archrock's Short Interest.

Some companies that are related to Archrock include Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DCP Midstream (DCP), TC Pipelines (TCP), Enable Midstream Partners (ENBL), EnLink Midstream (ENLC), Rattler Midstream (RTLR), USA Compression Partners (USAC), CNX Midstream Partners (CNXM), Transportadora de Gas del Sur (TGS), Altus Midstream (ALTM) and Summit Midstream Partners (SMLP).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Archrock investors own include Hawkins (HWKN), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Reata Pharmaceuticals (RETA), Kinder Morgan (KMI), CA (CA), New Residential Investment (NRZ), Approach Resources (AREX), Brookfield Property Partners (BPY) and AT&T (T).

Archrock trades on the New York Stock Exchange (NYSE) under the ticker symbol "AROC."

Archrock's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.64%), Bank of America Corp DE (3.39%), CIBC Private Wealth Group LLC (1.45%), Blackstone Group Inc (1.06%), Charles Schwab Investment Management Inc. (0.92%) and Nordea Investment Management AB (0.82%). Company insiders that own Archrock stock include D Bradley Childers, Donna A Henderson, Doug S Aron, Eric W Thode, Gordon T Hall and Jason Ingersoll.
View institutional ownership trends for Archrock.

AROC stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Goldman Sachs Group Inc., Doheny Asset Management CA, Vanguard Group Inc., Advisors Asset Management Inc., Hancock Whitney Corp, Recurrent Investment Advisors LLC, and RMB Capital Management LLC.
View insider buying and selling activity for Archrock.

AROC stock was purchased by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Blackstone Group Inc, Nordea Investment Management AB, First Trust Advisors LP, Cubist Systematic Strategies LLC, FMR LLC, FMR LLC, and Nisa Investment Advisors LLC. Company insiders that have bought Archrock stock in the last two years include D Bradley Childers, Donna A Henderson, Doug S Aron, Eric W Thode, Gordon T Hall, and Jason Ingersoll.
View insider buying and selling activity for Archrock.

Shares of AROC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of AROC stock can currently be purchased for approximately $5.95.

Archrock has a market capitalization of $910.05 million and generates $965.48 million in revenue each year. The energy company earns $97.33 million in net income (profit) each year or $0.63 on an earnings per share basis. Archrock employs 1,700 workers across the globe.

The official website for Archrock is www.archrock.com.

Archrock's mailing address is 9807 KATY FREEWAY SUITE 100, HOUSTON TX, 77024. The energy company can be reached via phone at 281-836-8000 or via email at [email protected]