Currently, Antero Resources Corp [AR] is trading at $28.88, up 5.25%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AR shares have gain 8.25% over the last week, with a monthly amount glided 7.40%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Antero Resources Corp [NYSE: AR] stock has seen the most recent analyst activity on September 17, 2024, when Citigroup initiated its Neutral rating and assigned the stock a price target of $29. Previously, Wolfe Research upgraded its rating to Outperform on September 11, 2024, and kept the price target unchanged to $37. On August 27, 2024, ROTH MKM initiated with a Buy rating and assigned a price target of $32 on the stock. Scotiabank upgraded its rating to a Sector Outperform but stick to its price target of $44 on August 20, 2024. Wolfe Research initiated its recommendation with a Peer Perform. Morgan Stanley upgraded its rating to Overweight for this stock on April 17, 2024, and upped its price target to $36. In a note dated April 10, 2024, Barclays initiated an Equal Weight rating and provided a target price of $32 on this stock.
This stock has fluctuated between a low of $20.10 and a high of $36.28 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $38.86 within the next 12 months. Antero Resources Corp [NYSE: AR] shares were valued at $28.88 at the most recent close of the market. An investor can expect a potential return of 34.56% based on the average AR price forecast.
Analyzing the AR fundamentals
Trailing Twelve Months sales for Antero Resources Corp [NYSE:AR] were 4.39B which represents 4.15% growth. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.01 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
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 28.00 points at the first support level, and at 27.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.35, and for the 2nd resistance point, it is at 29.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Antero Resources Corp [NYSE:AR] is 0.29. As well, the Quick Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 107.84.
Transactions by insiders
Recent insider trading involved Schultz Yvette K, that happened on Aug 05 ’24 when 50000.0 shares were sold. Officer, Yvette Schultz completed a deal on Aug 05 ’24 to buy 50000.0 shares. Meanwhile, Pearce Sheri sold 16377.0 shares on May 20 ’24.
