Archrock (AROC) Stock Price

Financial Performance

Archrock's financial performance has shown positive signs with an increase in revenue by 8% from the previous quarter and a significant year over year growth of 12.5%. The gross profit also increased by 15.5% from the previous quarter and a substantial growth of 23.9% year over year, indicating that the company is generating more income after direct costs associated with producing their services. Their operating income profit has seen a tremendous increase of up to 237% YoY, which depicts strong operational efficiency. The EBITDA ratio at 0.68 also signifies good profitability.

Stock Price

The stock price currently stands at $27.98, which is down by -3.1% in the last month but still higher than its 200-day moving average of $21.99 suggesting an upward trend overall despite recent dips. The RSI value at around mid-range (55.9) does not indicate overbought or oversold conditions.

Alternative Data Signals

The web traffic for Archrock has increased significantly both MoM (50.6%) and YoY (12%), implying growing interest in the company's offerings or brand recognition online – potentially influencing investor sentiment positively towards the stock.
The number of job openings decreased slightly (-1.6%), yet it doesn't necessarily signal negative business performance as this could be due to various reasons including seasonality or already having filled necessary roles.
A very high percentage (89%) of employees report having a positive business outlook, which can often reflect internal confidence about future performance and thus may positively affect investor sentiment.
Lastly, Archrock's social media audience shows consistent growth on both Twitter and Facebook platforms in the last 90 days, indicating increasing public interest and brand awareness.

Conclusion

Based on the analysis of financial performance, stock price trends, and alternative data signals, the outlook for Archrock's stock appears to be somewhat bullish. Despite some recent dips in the stock price, strong financial results and positive alternative data signals suggest potential for future growth.

Note: This AI Stock Analysis is based on data as of February 08. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Archrock (AROC), currently trading at $26.39, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.