How to Buy Archrock Stock
Archrock Inc
Archrock is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker AROC on the NYSE exchange.
Archrock stock last closed at $18.66, up 1.23% from the previous day, and has increased 52.22% in one year. It has overperformed other stocks in the Oil & Gas Equipment & Services industry by 0.66 percentage points. Archrock stock is currently +59.08% from its 52-week low of $11.73, and -20.39% from its 52-week high of $23.44.
At the moment, there are 168.94M shares of AROC outstanding. The market cap of AROC is $3.15B. In the last 24 hours, 1.6M AROC shares were traded.
How to Buy Archrock Stock
Wondering how to invest in Archrock stock? Here's how.
- Decide where to buy Archrock stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Archrock stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your investment account: Select your payment method and add your info.
- Evaluate Archrock stock: The Archrock ticker symbol is AROC. Is Archrock stock a good investment? Should you buy shares of AROC? How do AROC's underlying business fundamentals look? Do top analysts think Archrock is a good buy? Why has AROC's stock price moved recently? (Hint: Our stock market research website can help you decide if AROC is a good stock to buy).
- Place your AROC trade: Decide if you will purchase AROC shares at the current market price or use a limit order to buy AROC stock at a specific price.
- Get the latest scoop on your AROC investment: Create a watchlist to keep track of your investment in Archrock stock.
Step 1: Decide where to buy Archrock stock
You will need a brokerage account in order to access the NYSE market and buy AROC shares.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
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- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal info so you can invest in AROC today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've finished signing up on the best stock market app for beginners, you can securely and quickly fund your account:
Check out the walkthrough below to see the process of depositing funds into your new investment account.
Step 4: Evaluate Archrock stock
Once you have chosen the best place to buy Archrock stock, it's very important to analyze their stock before you invest, so you can comprehend the risk and opportunity.
Archrock stock quick numbers
AROC Fundamentals
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on AROC's stock page.
How is AROC stock valued?
You can use many financial metrics, analyses, models, and charts to gauge AROC's intrinsic value.
Using relative valuations methods:
- AROC could be overvalued based on its P/E ratio of 20.97x, relative to Oil & Gas Equipment & Services industry P/E ratio of 10.93x
- AROC may be overvalued based on its P/B ratio of 3.52x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.21x
- AROC may be undervalued based on its PEG ratio of 0.97x
You can do additional valuation research on AROC's stock here.
AROC Financial Overview
Pros:
- AROC's operating cash flow of $400.14M allows it to safely service it's debt of $1.62B.
- There are more short-term assets than short-term liabilities on the AROC balance sheet.
- AROC profit margin has gone up from 7.4% to 13.2% in the past year.
- Total AROC debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- AROC has a relatively high debt to equity ratio of 2.03.
- There are more long-term liabilities than short-term assets on the AROC balance sheet.
- AROC earnings of $297.56M is not sufficient to cover its interest payments.
Is it a good time to buy AROC stock, according to Wall Street analysts?
Out of 3 Equities analysts who track AROC, the consensus analyst rating on AROC is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Archrock stock forecast page.
AROC Technicals
How are AROC Revenues/Earnings doing?
Last year, AROC earnings were $138.82M. Over the last five year, AROC's earnings have gone up by 15.13% per year. This was slower than the Oil & Gas Equipment & Services industry average of 58.66%.
Last year, AROC revenue was $1.05B. In the past 5 year, AROC's revenue has increased by 2.27% per year. This was slower than the Oil & Gas Equipment & Services industry average of 7.44%.
Find out more about AROC's earnings and revenue performance here.
Latest Insiders Trades at AROC
In the past year, executives and large shareholders at AROC have sold more shares than they have bought.
J. W. G. Honeybourne, Director of AROC, was the latest AROC insider to buy. They bought $12,495.96 worth of AROC stock on Jun 28, 2024.
Learn more about who owns AROC stock here.
Can I get consistent income from AROC stock?
Archrock pays a dividend of 3.48%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 2.1%. If you owned $1,000 of AROC stock, you would have received $34.83 in the past year.
Archrock dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Archrock dividend yield and history here.
AROC Social Trading Data
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your AROC trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Hit the Open button and eToro will place your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your AROC investment
Now that you own some AROC stock, you'll want to keep up with your new investment.
Start a watchlist to track the latest developments regarding your AROC stock.
AROC Feed
How to Buy Stock in Archrock
To summarize, here are the 6 steps to buy Archrock stock:
- Decide where to buy Archrock stock
- Open your brokerage account
- Deposit money your investment account
- Evaluate Archrock stock
- Place your AROC trade
- Get the latest scoop on your AROC investment
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your investment in Archrock, create your watchlist below.
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