Media headlines about Archrock (NYSE:AROC) have been trending somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Archrock earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave media stories about the energy company an impact score of 46.0096547870213 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Several research firms have weighed in on AROC. B. Riley reiterated a “neutral” rating on shares of Archrock in a research report on Wednesday, November 1st. FBR & Co reiterated a “market perform” rating and set a $12.00 price objective (up previously from $11.00) on shares of Archrock in a research report on Thursday, August 3rd. BidaskClub cut Archrock from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. ValuEngine cut Archrock from a “hold” rating to a “sell” rating in a research report on Saturday, August 12th. Finally, Zacks Investment Research cut Archrock from a “hold” rating to a “sell” rating in a research report on Monday, August 7th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $13.29.
Shares of Archrock (NYSE:AROC) traded up $0.25 during midday trading on Friday, hitting $9.75. The company had a trading volume of 214,651 shares, compared to its average volume of 574,020. The company has a current ratio of 1.63, a quick ratio of 0.94 and a debt-to-equity ratio of 1.99. Archrock has a 52 week low of $8.30 and a 52 week high of $16.40.
Archrock (NYSE:AROC) last issued its quarterly earnings results on Thursday, November 2nd. The energy company reported ($0.09) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.01). Archrock had a negative return on equity of 2.93% and a negative net margin of 8.62%. The company had revenue of $197.85 million during the quarter, compared to the consensus estimate of $202.34 million. During the same quarter in the previous year, the business posted $0.01 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. equities analysts anticipate that Archrock will post -0.23 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, November 15th. Investors of record on Wednesday, November 8th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.92%. The ex-dividend date of this dividend was Tuesday, November 7th. Archrock’s payout ratio is currently -48.98%.
Archrock Company Profile
Archrock, Inc is a natural gas contract operations services company. The Company also provides natural gas compression services to customers in the oil and natural gas industry throughout the United States and supplies aftermarket services to customers that own compression equipment in the United States.
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