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SymbolStock Name
Latest PriceChg%ChgVolumeTurnoverOpenPre CloseHighLowMarket CapFloat CapSharesShs Float5D %Chg10D %Chg20D %Chg60D % Chg120D %Chg250D %Chg% Year-to-dateDiv YieldTTMTurnover RatioP/E (TTM)P/E (Static)AmplitudeIndustry
US OptionsDetailed Quotes
AROC240816P22500
- 1.25
- +0.50+66.67%
15min DelayClose Jul 23 16:00 ET
1.25High0.75Low
0.75Open0.75Pre Close103 Volume79 Open Interest22.50Strike Price7.84KTurnover43.64%IV3.58%PremiumAug 16, 2024Expiry Date0.46Intrinsic Value100Multiplier23DDays to Expiry0.79Extrinsic Value100Contract SizeAmericanOptions Type-0.5416Delta0.1625Gamma18.37Leverage Ratio-0.0189Theta-0.0073Rho-9.95Eff Leverage0.0224Vega
Intraday
- 5D
- Daily
News
Why Archrock Shares Are Trading Lower
Calendar Of Equity Issues Expected To Price This Week
Sector Update: Energy Stocks Narrowly Mixed Premarket Tuesday
NXP Semiconductors Posts Mixed Q2 Results, Joins Medpace And Other Big Stocks Moving Lower In Tuesday Pre-Market Session
Archrock Prices Securities Offering to Raise $223M
Express News | Archrock Shares Are Trading Lower After the Company Priced an 11 Million Share Offering at $21 per Share
Comments
Archrock's lower ROE and significant debt usage make it less appealing currently. A high ROE without debt indicates a high-quality business. Between two companies with similar debt to equity, the one with higher ROE is generally preferred.
Should You Be Worried About Archrock, Inc.'s (NYSE:AROC) 9.6% Return On Equity?Archrock's CEO is confident in the firm's financial flexibility and capital allocation abilities, backing the increased dividend with a steady and cautious expected dividend coverage ratio of over 2.0 times and leverage ratio of between 3.0 and 3.5 times by 2024 end. The company stays dedicated to enhancing financial returns and returning capital to shareholders.
Archrock's rising ROCE and steady capital employed indicate the company is fully benefiting from past investments. However, this could also suggest a lack of areas for internal investment for organic growth. These changes are being noticed by investors, as seen in the stock's strong returns over the past five years.
Archrock's high P/E ratio stems from investor optimism for future growth surpassing market expectations. The firm's robust share price lies on investor confidence on future earnings, persisting under favorable conditions.
Gapping up
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In reaction to earnings/guidance:
• $Coty Inc(COTY.US$ +3.9%, $General Mills(GIS.US$+2.6%
Other news:
• $Clene(CLNN.US$ +5.3% (announces presentation of updated survival results from the Phase 2 RESCUE-ALS trial open-label extension)
• $Clearway Energy-C(CWEN.US$ +2.5% (Provides operational update on El Segundo Energy Center)
• $Apartment Income(AIRC.US$ +2.4% (provides operating update)
• $Alpine Immune(ALPN.US$ +2.3% (...
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