AROC Archrock Inc

Wall Street analysts show an optimistic outlook for Archrock Inc. (AROC) with an average brokerage recommendation (ABR) of 1.55, indicating a "Strong Buy" to "Buy" consensus. However, the article cautions against relying solely on ABR due to inherent positive biases within brokerage firms. It suggests using the Zacks Rank, which uses earnings estimate revisions, as a more reliable indicator for investment decisions, noting that AROC currently holds a Zacks Rank #3 (Hold).

Viking Fund Management LLC increased its stake in Archrock, Inc. by 35.7% in Q3, owning 190,000 shares valued at approximately $5 million. Archrock reported Q3 earnings that surpassed analyst estimates and declared a quarterly dividend of $0.21 per share, leading to a 3.3% yield. The company currently holds a "Moderate Buy" consensus rating from analysts with an average target price of $32.40.

Archrock, Inc. (NYSE: AROC) has received a consensus "Moderate Buy" rating from eight brokerages, with six buy ratings and two hold ratings. The average 12-month price target set by these analysts is $32.40. The company recently reported strong Q3 results, exceeding EPS estimates and showing significant year-over-year revenue growth, and it also pays a quarterly dividend.

Wells Fargo analyst Michael Blum has reiterated a Buy rating for Archrock (AROC) with a price target of $30.00, following the company's strong Q3 earnings report. Archrock reported significant revenue and net profit growth, and insider sentiment for the stock is positive, with recent share purchases by a director.

Thrivent Financial for Lutherans reduced its stake in Archrock, Inc. ($AROC) by 23.3% in Q2, selling over 108,000 shares. Despite this, analyst sentiment remains positive with a "Moderate Buy" consensus and an average price target of $32.40. Archrock has reported strong financial results, beating EPS estimates and growing revenue by 30.9% year-over-year, and pays a quarterly dividend yielding approximately 3.3%.

Archrock Inc. (AROC) is a trending stock due to recent positive performance and significant earnings growth expectations. Despite strong revenue growth forecasts and consistent earnings beats, the company holds a Zacks Rank #4 (Sell), suggesting potential near-term underperformance. Investors are advised to consider various fundamental factors beyond market buzz.