Company Performance - Archrock Inc. (AROC) closed at $29.59, with a daily increase of +1.44%, outperforming the S&P 500's loss of 0.43% [1] - Prior to the recent trading day, AROC shares had increased by 12.11%, surpassing the Oils-Energy sector's gain of 11.13% and the S&P 500's gain of 0.89% [1] Financial Expectations - Archrock is expected to report an EPS of $0.4, reflecting a year-over-year increase of 14.29% [2] - Revenue is anticipated to be $376.66 million, which represents a 15.39% increase from the prior-year quarter [2] - Full-year estimates project earnings of $1.6 per share and revenue of $1.49 billion, indicating a year-over-year earnings growth of +52.38% and no change in revenue [3] Analyst Estimates and Valuation - Recent modifications to analyst estimates for Archrock indicate evolving short-term business trends, with positive revisions suggesting an optimistic outlook [4] - The Zacks Rank system, which includes estimate changes, currently ranks Archrock as 3 (Hold), with the EPS estimate remaining stagnant over the past month [6] - Archrock is trading at a Forward P/E ratio of 15.91, which is lower than the industry average of 20.43, suggesting a comparative discount [7] - The company has a PEG ratio of 1.33, while the Oil and Gas - Field Services industry has an average PEG ratio of 1.75, indicating Archrock's growth is being valued more favorably [8] Industry Context - The Oil and Gas - Field Services industry holds a Zacks Industry Rank of 64, placing it in the top 27% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1, highlighting the strength of the industry groups [9]
Archrock Inc. (AROC) Rises As Market Takes a Dip: Key Facts