News headlines about Archrock (NYSE:AROC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Archrock earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 46.9549745080771 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Archrock (AROC) opened at $10.40 on Friday. The firm has a market cap of $745.66, a P/E ratio of -10.61 and a beta of 3.40. Archrock has a one year low of $8.30 and a one year high of $16.40. The company has a quick ratio of 0.94, a current ratio of 1.63 and a debt-to-equity ratio of 1.99.
Archrock (NYSE:AROC) last issued its quarterly earnings results on Thursday, November 2nd. The energy company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). The company had revenue of $197.85 million during the quarter, compared to analyst estimates of $202.34 million. Archrock had a negative return on equity of 2.93% and a negative net margin of 8.62%. The company’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.01 earnings per share. research analysts anticipate that Archrock will post -0.23 earnings per share for the current year.
AROC has been the subject of several research reports. Zacks Investment Research lowered shares of Archrock from a “hold” rating to a “strong sell” rating in a report on Friday, November 10th. BidaskClub lowered shares of Archrock from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, October 11th. Scotiabank reissued a “hold” rating and set a $14.00 target price on shares of Archrock in a research note on Friday, November 3rd. Finally, ValuEngine raised shares of Archrock from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $13.29.
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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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