Archrock Inc. (AROC) Stock Sinks As Market Gains: Here's Why

Company Performance - Archrock Inc. closed at $28.13, reflecting a -1.71% change from the previous day, underperforming the S&P 500 which gained 0.03% [1] - Over the past month, Archrock's shares have appreciated by 6.2%, outperforming the Oils-Energy sector's gain of 0.76% and the S&P 500's gain of 4.19% [1] Earnings Projections - The projected earnings per share (EPS) for Archrock is$ 0.31, indicating a 47.62% increase from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is $326.08 million, representing a 25.61% increase from the year-ago period [2] Analyst Sentiment - Recent shifts in analyst projections for Archrock should be monitored, as positive revisions indicate optimism regarding the company's business and profitability [3] - The Zacks Rank system, which reflects these revisions, currently ranks Archrock as 2 (Buy) [5] Valuation Metrics - Archrock has a Forward P/E ratio of 20.84, which is a premium compared to the industry's average Forward P/E of 15.02 [6] - The company has a PEG ratio of 1.74, while the Oil and Gas - Field Services industry has an average PEG ratio of 1.68 [6] Industry Context - The Oil and Gas - Field Services industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 206, placing it within the bottom 18% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]