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Is Archrock Inc. (AROC) a Great Value Stock Right Now?
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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Archrock Inc. (AROC - Free Report) . AROC is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 14.55 right now. For comparison, its industry sports an average P/E of 21.37. Over the past 52 weeks, AROC's Forward P/E has been as high as 62.25 and as low as 13.80, with a median of 28.20.
Another notable valuation metric for AROC is its P/B ratio of 1.52. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.59. Over the past 12 months, AROC's P/B has been as high as 2.13 and as low as 0.81, with a median of 1.48.
Finally, we should also recognize that AROC has a P/CF ratio of 5.80. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.44. Over the past year, AROC's P/CF has been as high as 6.57 and as low as 2.61, with a median of 5.39.
These are just a handful of the figures considered in Archrock Inc.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that AROC is an impressive value stock right now.
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Is Archrock Inc. (AROC) a Great Value Stock Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Archrock Inc. (AROC - Free Report) . AROC is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 14.55 right now. For comparison, its industry sports an average P/E of 21.37. Over the past 52 weeks, AROC's Forward P/E has been as high as 62.25 and as low as 13.80, with a median of 28.20.
Another notable valuation metric for AROC is its P/B ratio of 1.52. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 1.59. Over the past 12 months, AROC's P/B has been as high as 2.13 and as low as 0.81, with a median of 1.48.
Finally, we should also recognize that AROC has a P/CF ratio of 5.80. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 11.44. Over the past year, AROC's P/CF has been as high as 6.57 and as low as 2.61, with a median of 5.39.
These are just a handful of the figures considered in Archrock Inc.'s great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that AROC is an impressive value stock right now.