Antero Resources Corporation [AR] shares are up more than 36.60% this year and recently increased 0.03% or $0.11 to settle at $3.62. AR has a short ratio of 4.75. This implies that the market is currently less bullish on the outlook for AR.
On 14, October 2020, Antero Resources Announces Third Quarter 2020 Earnings Release Date and Conference Call. According to news published on Yahoo Finance, Antero Resources (NYSE: AR) (“Antero” or the “Company”) announced today that the Company plans to issue its third quarter 2020 earnings release on Wednesday, October 28, 2020 after the close of trading on the New York Stock Exchange.
Analyst Birdseye View:
The most recent analyst activity for Antero Resources Corporation [NYSE:AR] stock was on September 14, 2020, when it was Initiated with a Market perform rating from Northland Capital. Before that, on September 24, 2020, Northland Capital Recapitulated an Outperform rating and elevated its amount target to $6.90. On September 11, 2020, MKM Partners Upgrade a Buy rating. On July 15, 2020, MKM Partners Upgrade a Neutral rating and increased its price target to $3. On March 31, 2020, Stifel Downgrade a Hold rating and decreased its price target to $1. On March 13, 2020, TD Securities Downgrade a Hold rating and boosted its amount on this stock to $1.30. On February 18, 2020, MKM Partners Downgrade a Sell rating and boosted its target amount on this stock to $1. On January 09, 2020, Wells Fargo Downgrade an Underweight rating and amplified its amount target to $4.
In the past 52 weeks of trading, this stock has oscillated between a low of $0.64 and a peak of $4.64. Right now, the middling Wall Street analyst 12-month amount mark is $3.50. At the most recent market close, shares of Antero Resources Corporation [NYSE:AR] were valued at $3.62. According to the average price forecast, investors can expect a potential return of -18.0%.
Antero Resources Corporation [NYSE:AR] most recently reported quarterly sales of 338.93 billion, which represented growth of -62.70%. This publicly-traded organization’s revenue is $7,211,550 per employee, while its income is -$621,808 per employee. This company’s Gross Margin is currently 51.20%, its Operating Margin is -56.80%, its Pretax Margin is -9.31, and its Net Margin is -8.62. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.12, -4.65, -0.88 and -2.57 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 48.81 and the whole liability to whole assets at 41.79. It shows enduring liability to the whole principal at 46.57 and enduring liability to assets at 0.40 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.47 points at 1st support level, the second support level is making up to 3.32. But as of 1st resistance point, this stock is sitting at 3.71 and at 3.79 for 2nd resistance point.
Antero Resources Corporation [AR] reported its earnings at -$0.37 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.16/share signifying the difference of -0.21 and -131.20% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.13 calling estimates for -$0.01/share with the difference of -0.12 depicting the surprise of -1,200.00%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Antero Resources Corporation [NYSE:AR] is 1.00. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.22 and it’s amount to book ratio is 0.12.
The most recent insider trade was by Kennedy Michael N., See Remarks, and it was the sale of 0.14 million shares on Dec 30.