Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. In ...

Investors might want to bet on Archrock Inc. (AROC) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this natural gas compression services business is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...

Core Viewpoint - Archrock, Inc. has announced a definitive agreement to acquire Natural Gas Compression Systems for $357 million, enhancing its position in the natural gas compression services market in the U.S. [1] Group 1: Acquisition Details - The acquisition will be financed with $298 million in cash from Archrock's ABL credit facility and the issuance of up to 2.312 million new shares to the sellers [3] - The transaction has been unanimously approved by Archrock's board and is expected to close in the second quarter of 2025, pending regulatory approvals [3] Group 2: Strategic Benefits - The acquisition will increase Archrock's compression capacity to over 4.5 million operating horsepower, with a 10% increase in capacity in the Permian Basin, reaching approximately 2.5 million horsepower [4] - The merger will enhance Archrock's electric motor drive compression horsepower to approximately 815,000 [4] - The deal is anticipated to be immediately accretive to Archrock's earnings per share and dividend cash flow by the end of 2025 [4] Group 3: Company Overview - Archrock is a provider of natural gas contract compression services and aftermarket services for compression equipment, currently holding a Zacks Rank 1 (Strong Buy) [5]

Business includes approximately 351,000 horsepower, comprised of 316,000 operating horsepower and a 35,000 horsepower backlog of contracted new equipmentAligns with Archrock's focus on large horsepower compression with blue-chip customersComplements and deepens Archrock's existing operations in the Permian BasinExpands Archrock's electric motor drive compression capabilities as customer demand for low carbon solutions continues to growThe $357 million transaction is expected to be immediately accretive to A ...

Archrock Inc. (AROC) ended the recent trading session at $25.28, demonstrating a +0.68% swing from the preceding day's closing price. This change lagged the S&P 500's 1.12% gain on the day. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 1.46%.Shares of the natural gas compression services business have depreciated by 12.42% over the course of the past month, underperforming the Oils-Energy sector's loss of 5.86% and the S&P 500's loss of 4.13%.Market participants will be closely followin ...

Group 1 - Archrock reported full year earnings on February 27, marking the first full quarter after the TOPS acquisition, showcasing the impact of the company's increased scale [1] - The acquisition has positioned Archrock to leverage its larger operational capacity, indicating potential for enhanced revenue generation and market presence [1] Group 2 - The company focuses on income-producing equities and rental real estate properties, aiming for cash flow and long-term appreciation [1]

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:TKO Group Holdings, Inc. (TKO) : This company which is primarily engaged in the production and distribution of unique and creative content via myriad channels, including the premium over-the-top network monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming and the sale of consumer products featuring brands, has seen the Zacks Consensus Estimate for i ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 27th:United States Cellular (USM) : This company which is the fourth largest full-service wireless carrier in the United States, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.United States Cellular’s shares gained 3% over the last three month compared with the S&P 500’s loss of 0.7%. The company pos ...

Group 1: Klabin (KLBAY) - Klabin is the largest producer, exporter, and recycler of paper in Brazil [1] - The Zacks Consensus Estimate for Klabin's next year earnings has increased by 1.4% over the last 60 days [1] - Klabin has a Zacks Rank of 1 (Strong Buy) and a dividend yield of 3.3%, which is higher than the industry average of 2.6% [1] Group 2: Archrock (AROC) - Archrock provides natural gas contract compression services and aftermarket services for compression equipment [2] - The Zacks Consensus Estimate for Archrock's next year earnings has increased nearly 1.3% over the last 60 days [2] - Archrock has a Zacks Rank of 1 and a dividend yield of 2.9%, compared to the industry average of 0.0% [2]