FY2025 Earnings Forecast for Archrock Issued By Sidoti Csr

Archrock, Inc. (NYSE:AROC) – Investment analysts at Sidoti Csr lifted their FY2025 EPS estimates for Archrock in a research note issued to investors on Wednesday, February 26th. Sidoti Csr analyst S. Ferazani now expects that the energy company will post earnings of $1.57 per share for the year, up from their previous estimate of $1.29. The consensus estimate for Archrock’s current full-year earnings is $1.09 per share. Sidoti Csr also issued estimates for Archrock’s FY2026 earnings at $1.90 EPS.

Several other research analysts have also recently commented on the stock. Royal Bank of Canada upped their target price on shares of Archrock from $26.00 to $27.00 and gave the stock an “outperform” rating in a research report on Thursday, November 14th. JPMorgan Chase & Co. increased their price objective on Archrock from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, November 29th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.17.

Archrock Stock Down 0.2 %

AROC stock opened at $26.56 on Friday. The stock has a market cap of $4.65 billion, a PE ratio of 29.19, a price-to-earnings-growth ratio of 1.60 and a beta of 1.57. The firm’s 50-day simple moving average is $27.23 and its 200 day simple moving average is $23.66. Archrock has a fifty-two week low of $17.26 and a fifty-two week high of $30.44. The company has a quick ratio of 0.82, a current ratio of 1.26 and a debt-to-equity ratio of 1.73.

Hedge Funds Weigh In On Archrock

Hedge funds have recently made changes to their positions in the business. Brown Brothers Harriman & Co. acquired a new stake in shares of Archrock during the 3rd quarter valued at $28,000. Wolverine Asset Management LLC boosted its position in shares of Archrock by 111.8% in the 4th quarter. Wolverine Asset Management LLC now owns 1,504 shares of the energy company’s stock valued at $37,000 after purchasing an additional 14,200 shares during the period. Continuum Advisory LLC boosted its holdings in shares of Archrock by 5,621.6% in the third quarter. Continuum Advisory LLC now owns 2,117 shares of the energy company’s stock worth $43,000 after buying an additional 2,080 shares during the period. Millburn Ridgefield Corp acquired a new position in Archrock in the 3rd quarter worth approximately $50,000. Finally, Montag A & Associates Inc. acquired a new stake in Archrock during the 4th quarter valued at $55,000. Institutional investors and hedge funds own 95.45% of the company’s stock.

Archrock Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Investors of record on Wednesday, February 12th were paid a dividend of $0.19 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.76 annualized dividend and a yield of 2.86%. This is a boost from Archrock’s previous quarterly dividend of $0.18. Archrock’s dividend payout ratio (DPR) is currently 83.52%.

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.