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2 Highly Ranked Stocks to Buy After Earnings: AROC, MNDY
ArchrockArchrock(US:AROC) ZACKS·2024-11-13 20:41

Group 1: Archrock (AROC) - Archrock reported Q3 earnings of $0.28 per share, an increase from $0.20 in the prior-year quarter, with sales of $292.16 million, up 15% year over year [2] - The stock has increased over 50% year to date, trading under $25 with a forward earnings multiple of 22.1X [3] - Annual earnings are projected to grow by 59% this year and an additional 37% in FY25, reaching $1.50 per share, with total sales expected to exceed $1 billion in FY24 and FY25 [3] Group 2: Monday.com (MNDY) - Monday.com achieved Q3 EPS of $0.85, surpassing the Zacks Consensus of $0.61 by 39%, with sales of $251 million, a 32% increase from $189.19 million a year ago [5] - The company is experiencing high double-digit top line growth expectations for FY24 and FY25, contributing to increased profitability [6] - MNDY has gained over 40% in 2024 and over 150% in the last two years, with a 50% increase since its IPO in June 2021 [8]