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AROC
Stock ticker: NYSE
AS OF
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Capitalization
2.27B

AROC Archrock Forecast, Technical & Fundamental Analysis

a manufacturer of equipment for oil and natural gas production, processing and transportation

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for AROC with price predictions
07:00 PM EST Dec 04, 2023

AROC's RSI Oscillator recovers from overbought zone

The 10-day RSI Indicator for AROC moved out of overbought territory on November 28, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 instances where the indicator moved out of the overbought zone. In of the 35 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Moving Average Convergence Divergence Histogram (MACD) for AROC turned negative on November 28, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AROC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AROC broke above its upper Bollinger Band on November 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 01, 2023. You may want to consider a long position or call options on AROC as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

AROC moved above its 50-day moving average on October 31, 2023 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AROC advanced for three days, in of 309 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 257 cases where AROC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.631) is normal, around the industry mean (3.645). P/E Ratio (27.396) is within average values for comparable stocks, (68.293). Projected Growth (PEG Ratio) (2.230) is also within normal values, averaging (2.098). Dividend Yield (0.042) settles around the average of (0.041) among similar stocks. P/S Ratio (2.358) is also within normal values, averaging (1.374).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. AROC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Schlumberger Limited (NYSE:SLB), Halliburton Company (NYSE:HAL), Valaris Limited (NYSE:VAL).

Industry description

The oilfield services/equipment industry is involved in providing various equipment and services to oil and natural gas producers. These companies rent drilling rigs and/or provide services to build and maintain oil and gas wells. The performance of this industry is dependent on demand for oil and natural gas, which in turn is often driven by macroeconomic conditions or business cycles. Schlumberger NV, Halliburton Company, and Baker Hughes are some of the biggest oilfield services companies.

Market Cap

The average market capitalization across the Oilfield Services/Equipment Industry is 2.93B. The market cap for tickers in the group ranges from 717 to 74.32B. SLB holds the highest valuation in this group at 74.32B. The lowest valued company is FLSS at 717.

High and low price notable news

The average weekly price growth across all stocks in the Oilfield Services/Equipment Industry was -1%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was 8%. CCLP experienced the highest price growth at 22%, while ENGT experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Oilfield Services/Equipment Industry was 4%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was -21%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 59
P/E Growth Rating: 72
Price Growth Rating: 55
SMR Rating: 71
Profit Risk Rating: 84
Seasonality Score: 33 (-100 ... +100)
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A.I. Advisor
published Earnings

AROC is expected to report earnings to fall 1.65% to 19 cents per share on February 22

Archrock AROC Stock Earnings Reports
Q4'23
Est.
$0.20
Q3'23
Beat
by $0.01
Q2'23
Beat
by $0.02
Q1'23
Missed
by $0.01
Q4'22
Est.
$0.07
The last earnings report on November 01 showed earnings per share of 20 cents, beating the estimate of 18 cents. With 1.40M shares outstanding, the current market capitalization sits at 2.27B.
A.I.Advisor
published Dividends

AROC paid dividends on November 14, 2023

Archrock AROC Stock Dividends
А dividend of $0.16 per share was paid with a record date of November 14, 2023, and an ex-dividend date of November 06, 2023. Read more...
A.I. Advisor
published General Information

General Information

a manufacturer of equipment for oil and natural gas production, processing and transportation

Industry OilfieldServicesEquipment

Profile
Fundamentals
Details
Industry
Oilfield Services Or Equipment
Address
9807 Katy Freeway
Phone
+1 281 836-8000
Employees
1100
Web
https://www.archrock.com
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AROC and

Correlation & Price change

A.I.dvisor indicates that over the last year, AROC has been loosely correlated with HAL. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if AROC jumps, then HAL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AROC
1D Price
Change %
AROC100%
-1.22%
HAL - AROC
63%
Loosely correlated
-2.78%
DRQ - AROC
61%
Loosely correlated
-3.30%
SLB - AROC
59%
Loosely correlated
-2.26%
NOV - AROC
59%
Loosely correlated
-1.47%
SLCA - AROC
59%
Loosely correlated
-2.12%
More

Groups containing AROC

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To AROC
1D Price
Change %
AROC100%
-1.22%
AROC
(undefined stocks)
79%
Closely correlated
-2.73%
oil field equipment
(undefined stocks)
69%
Closely correlated
-1.48%
oil field service
(undefined stocks)
69%
Closely correlated
-1.52%
natural gas
(undefined stocks)
69%
Closely correlated
-1.56%
Industrial Services
(undefined stocks)
67%
Closely correlated
-0.90%
More