(AROC) Archrock - Ratings and Ratios

Archrock Inc (NYSE:AROC) is a leading energy infrastructure company in the United States, operating through two key segments: Contract Operations and Aftermarket Services. The company specializes in designing, sourcing, and maintaining a fleet of natural gas compression equipment, providing essential services to the oil and gas industry. With a strong presence in the market, Archrock serves a diverse customer base, including integrated and independent oil and natural gas processors, gatherers, and transporters.

The companys business model is centered around providing natural gas compression services, as well as selling parts and components, and offering maintenance, overhaul, and reconfiguration services for compression equipment. With a history dating back to 1990, Archrock has established itself as a reliable partner in the energy infrastructure sector, with its headquarters located in Houston, Texas. The companys rebranding from Exterran Holdings, Inc. to Archrock, Inc. in 2015 marked a significant milestone in its evolution.

From a technical analysis perspective, Archrocks stock price is currently trading at $26.41, with a short-term bullish trend indicated by its 20-day SMA at $25.29. The stock has shown resilience, bouncing off its support levels, with the nearest support at $25.8. However, the 52-week high and low of $29.90 and $17.26, respectively, suggest a significant price range, indicating potential volatility. The ATR of 0.72 (2.72%) implies a moderate level of price movement.

Fundamentally, Archrocks market capitalization stands at $4.38 billion, with a P/E ratio of 20.82 and a forward P/E of 16.21, indicating a relatively stable valuation. The companys return on equity (RoE) of 16.68% is a positive indicator of its profitability. Considering these fundamental metrics, along with the technical data, a forecast for Archrocks stock price could be made. If the company continues to demonstrate stable financial performance and the oil and gas industry maintains its demand for compression services, the stock price could potentially reach the resistance level of $27.4. Conversely, if the industry faces headwinds or the company fails to meet expectations, the stock price may retreat to its support levels, potentially around $25.8 or lower.

Based on the analysis, a potential forecast for Archrocks stock price could be a gradual increase towards $27.4, driven by the companys stable financial performance and the growing demand for natural gas compression services. However, this forecast is contingent upon the companys ability to maintain its operational efficiency and navigate the challenges in the oil and gas industry. A more detailed analysis of the companys financials and industry trends would be necessary to refine this forecast.