A share price of Antero Resources Corp [AR] is currently trading at $26.95, up 0.79%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AR shares have gain 6.06% over the last week, with a monthly amount glided 23.12%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 14, February 2024, Antero Resources Announces Fourth Quarter 2023 Results, Year End Reserves and 2024 Guidance. In a post published today on Yahoo Finance, Antero Resources Corporation (NYSE: AR) (“Antero Resources,” “Antero,” or the “Company”) today announced its fourth quarter 2023 financial and operating results, year end 2023 estimated proved reserves and 2024 guidance. The relevant consolidated financial statements are included in Antero Resources’ Annual Report on Form 10-K for the year ended December 31, 2023.
From an analyst’s perspective:
Antero Resources Corp [NYSE: AR] stock has seen the most recent analyst activity on February 22, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Tudor Pickering Holt & Co. upgraded its rating to Buy on January 17, 2024, and kept the price target unchanged to $32. On January 03, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $27 on the stock. Wells Fargo upgraded its rating to a Overweight and decreased its price target to $26 on December 14, 2023. Truist downgraded its rating to a Hold and reduced its price target to $28 on December 04, 2023. Raymond James upgraded its rating to Strong Buy for this stock on October 24, 2023, but kept the price target unchanged to $37. In a note dated October 11, 2023, Bernstein initiated an Mkt Perform rating and provided a target price of $29 on this stock.
Antero Resources Corp experienced fluctuations in its stock price throughout the past year between $19.91 and $30.90. Currently, Wall Street analysts expect the stock to reach $41.93 within the next 12 months. Antero Resources Corp [NYSE: AR] shares were valued at $26.95 at the most recent close of the market. An investor can expect a potential return of 55.58% based on the average AR price forecast.
Analyzing the AR fundamentals
Trailing Twelve Months sales for Antero Resources Corp [NYSE:AR] were 4.52B which represents -38.44% decline. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.04 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.57 points at the first support level, and at 26.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.32, and for the 2nd resistance point, it is at 27.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Antero Resources Corp [NYSE:AR] is 0.33. Further, the Quick Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 1.17 and price to earnings (TTM) ratio is 34.94.
Transactions by insiders
Recent insider trading involved Pearce Sheri,, that happened on Nov 02 when 3460.0 shares were sold., Kennedy Michael N. completed a deal on May 05 to sell 0.15 million shares.
