Impact of Brokerage Rating on Archrock, Inc.(AROC)

Many Archrock, Inc.(AROC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Archrock Inc was Initiated by JP Morgan to Neutral on Jan 6, 2017.

Archrock Inc Last issued its quarterly earnings results on Feb 25, 2016. The company reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.26. Analyst had a consensus of $-0.18. The company had revenue of $241.30 million for the quarter, compared to analysts expectations of $240.00 million. The companys revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.

Archrock, Inc. (NYSE:AROC) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.43 by 7 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

Archrock, Inc. (NYSE:AROC): The stock price is expected to reach $ 16.61 in the short term. The number of analysts agreeing with this consensus is 7. The higher estimate for the short term price target is at $42 while the lower estimate is at $10. The standard deviation of the price stands at $11.3.

Archrock, Inc. (NYSE:AROC) rose 2.24% or 0.35 points on Tuesday and made its way into the gainers of the day. After trading began at $15.8 the stock was seen hitting $16.3 as a peak level and $15.65 as the lowest level. The stock ended up at $15.95. The daily volume was measured at 584,854 shares. The 52-week high of the share price is $16.35 and the 52-week low is $3.405. The company has a market cap of $1,125 million.

Archrock, Inc. is a provider of natural gas contract compression services as well as supplier of aftermarket services of compression equipment. The company operates in the oil and gas producing regions primarily in the United States. Archrock, Inc., formerly known as Exterran Holdings, Inc., is based in Houston, United States.


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