Stock of Antero Midstream Corp (AM) performance and profitability takes another direction

A share price of Antero Midstream Corp [AM] is currently trading at $14.64, up 0.21%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AM shares have gain 1.81% over the last week, with a monthly amount glided 0.55%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Antero Midstream Corp [NYSE: AM] stock has seen the most recent analyst activity on March 12, 2024, when Tudor Pickering Holt & Co. downgraded its rating to a Hold and also boosted its price target to $13 from $12. On October 03, 2023, Pickering Energy Partners initiated with a Outperform rating. UBS started tracking the stock assigning a Buy rating and suggested a price target of $14 on May 10, 2023. Wells Fargo upgraded its rating to a Overweight and raised its price target to $13 on April 28, 2022. Barclays downgraded its rating to Underweight for this stock on March 02, 2022, and downed its price target to $10. In a note dated May 26, 2021, Tudor Pickering downgraded an Sell rating on this stock but restated the target price of $8.

Antero Midstream Corp experienced fluctuations in its stock price throughout the past year between $11.50 and $15.21. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Antero Midstream Corp [NYSE: AM] shares were valued at $14.64 at the most recent close of the market. An investor can expect a potential drop of -14.62% based on the average AM price forecast.

Analyzing the AM fundamentals

Trailing Twelve Months sales for Antero Midstream Corp [NYSE:AM] were 1.14B which represents 4.17% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.56%, Pretax Profit Margin comes in at 0.46%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.18 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.5.

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 14.54 points at the first support level, and at 14.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.74, and for the 2nd resistance point, it is at 14.84.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Antero Midstream Corp [NYSE:AM] is 0.89. Also, the Quick Ratio is 0.89. Considering the valuation of this stock, the price to sales ratio is 6.16, the price to book ratio is 3.31 and price to earnings (TTM) ratio is 18.27.

Transactions by insiders

Recent insider trading involved Pearce Sheri,, that happened on Aug 21 ’24 when 23518.0 shares were sold., Pearce Sheri completed a deal on Mar 13 ’24 to sell 16394.0 shares.

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