With 2.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.36 million shares. During the session, the Oil & Gas Equipment & Services company that operates in wider Energy sector, reached to the highest price of $30.19 whereas the lowest price it dropped to was $28.06. The 52-week range on AROC shows that it touched its highest point at $30.44 and its lowest point at $15.65 during that stretch. It currently has a 1-year price target of $28.22. With its current market cap of 4.92 billion, AROC has annualized dividend of $0.67 while the current yield stands at 2.39%. AROC paid its most recent dividend on 1730851200, while the ex-dividend date for that was 1739318400. Beta for the stock currently stands at 1.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AROC was down-trending over the past week, with a drop of -5.42%, but this was up by 12.86% over a month. Three-month performance surged to 38.37% while six-month performance rose 35.50%. The stock gained 67.40% in the past year, while it has gained 12.86% so far this year. A look at the trailing 12-month EPS for AROC yields 0.91 with Next year EPS estimates of 1.41. For the next quarter, that number is 0.30. This implies an EPS growth rate of 68.31% for this year and 24.76% for next year.
Float and Shares Shorts:
At present, 175.18 million AROC shares are outstanding with a float of 145.83 million shares on hand for trading. On 2025-01-15, short shares totaled 6.05 million, which was 346.0 higher than short shares on 1734048000. In addition to Mr. D. Bradley Childers J.D. as the firm’s President, CEO & Director, Mr. Douglas S. Aron serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.95832 of AROC’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AROC reported revenue of $292161000.0 and operating income of $95520000.0. The EBITDA in the recently reported quarter was $145163000.0 and diluted EPS was $0.22.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AROC since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With AROC analysts setting a high price target of 30.0 and a low target of 26.0, the average target price over the next 12 months is 27.875. Based on these targets, AROC could surge 6.8% to reach the target high and fall by -7.44% to reach the target low. Reaching the average price target will result in a decline of -0.77% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.17147 being high and $1.08389 being low. For AROC, this leads to a yearly average estimate of $1.12768. Based on analyst estimates, the high estimate for the next quarter is $0.32 and the low estimate is $0.31. The average estimate for the next quarter is thus $0.31.
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