$0.02 EPS Expected for Archrock Inc (AROC)

October 29, 2017 - By Dolores Ford

 $0.02 EPS Expected for Archrock Inc (AROC)

Investors wait Archrock Inc (NYSE:AROC) to report on November, 7. its quarterly earnings This translates into $1.42M profit for AROC giving the stock a 148.13 P/E. This is assuming the current $0.02 EPS is accurate. Archrock Inc’s Wall Street analysts see -166.67 % EPS growth, taking into account the $-0.03 EPS reproted in the previous quarter, The stock increased 1.07% or $0.12 on October 27, reaching $11.85. About 361,489 shares traded. Archrock Inc (NYSE:AROC) has risen 64.69% since October 29, 2016 and is uptrending. It has outperformed by 47.99% the S&P500.

Archrock Inc (NYSE:AROC) Ratings Coverage

Among 12 analysts covering Archrock (NYSE:AROC), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Archrock had 19 analyst reports since March 28, 2016 according to SRatingsIntel. On Monday, August 22 the stock rating was initiated by Piper Jaffray with “Neutral”. PiperJaffray initiated the shares of AROC in report on Monday, August 22 with “Neutral” rating. The firm has “Mkt Perform” rating by FBR Capital given on Friday, July 15. RF Lafferty initiated Archrock Inc (NYSE:AROC) rating on Tuesday, April 5. RF Lafferty has “Buy” rating and $9.50 target. RBC Capital Markets upgraded it to “Sector Perform” rating and $10 target in Friday, August 5 report. The firm has “Hold” rating given on Sunday, August 20 by RBC Capital Markets. The stock of Archrock Inc (NYSE:AROC) has “Equal Weight” rating given on Friday, June 23 by Capital One. Piperjaffray initiated Archrock Inc (NYSE:AROC) on Monday, August 22 with “Neutral” rating. JP Morgan initiated the shares of AROC in report on Friday, January 6 with “Neutral” rating. The stock of Archrock Inc (NYSE:AROC) earned “Neutral” rating by JP Morgan on Tuesday, August 8.

Archrock, Inc. is a natural gas contract activities services company. The company has market cap of $840.63 million. The Firm also provides natural gas compression services to clients in the oil and natural gas industry throughout the United States and supplies aftermarket services to clients that own compression equipment in the United States. It currently has negative earnings. The Firm operates through two divisions: contract activities and aftermarket services.

More news for Archrock Inc (NYSE:AROC) were recently published by: Prnewswire.com, which released: “Pre-Market Technical Pulse on Oil & Gas Stocks — Schlumberger, Archrock …” on October 17, 2017. Globenewswire.com‘s article titled: “Archrock, Inc. and Archrock Partners, LP Third Quarter 2017 Conference Call” and published on October 16, 2017 is yet another important article.

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