Press coverage about Archrock (NYSE:AROC) has trended somewhat positive on Wednesday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Archrock earned a daily sentiment score of 0.00 on Accern’s scale. Accern also gave media stories about the energy company an impact score of 46.675901635886 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Archrock, Inc. (AROC) Downgraded by Zacks Investment Research to Strong Sell (americanbankingnews.com)
- Archrock Stock Sees Short Interest Expand By 21% (thestreet.com)
- Archrock: The Only Falling Stock in the Oilfield Services Industry (finance.yahoo.com)
- Archrock, Inc. :AROC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017 (finance.yahoo.com)
Several research analysts have recently weighed in on AROC shares. Zacks Investment Research raised Archrock from a “sell” rating to a “hold” rating in a research report on Monday, September 25th. Royal Bank Of Canada reissued a “buy” rating and issued a $13.00 price objective on shares of Archrock in a research report on Wednesday, September 27th. BidaskClub raised Archrock from a “sell” rating to a “hold” rating in a research report on Wednesday, September 6th. Finally, Scotiabank reaffirmed a “hold” rating and issued a $14.00 target price on shares of Archrock in a research report on Friday, November 3rd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $13.29.
Archrock (NYSE:AROC) opened at $9.85 on Wednesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.63 and a quick ratio of 0.94. Archrock has a 12 month low of $8.30 and a 12 month high of $16.40.
Archrock (NYSE:AROC) last released its quarterly earnings results on Thursday, November 2nd. The energy company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01). The company had revenue of $197.85 million for the quarter, compared to analyst estimates of $202.34 million. Archrock had a negative net margin of 8.62% and a negative return on equity of 2.93%. Archrock’s revenue for the quarter was up 1.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.01 EPS. equities analysts anticipate that Archrock will post -0.23 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 8th will be paid a $0.12 dividend. The ex-dividend date is Tuesday, November 7th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.87%. Archrock’s payout ratio is presently -48.98%.
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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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