At the time of writing, Antero Resources Corp [AR] stock is trading at $29.23, up 1.99%. 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 5.37% over the last week, with a monthly amount glided 14.00%, 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 October 01, 2024, when Wells Fargo downgraded its rating to a Underweight and also revised its price target to $25 from $34. Previously, Citigroup started tracking the stock with Neutral rating on September 17, 2024, and set its price target to $29. On September 11, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $37 on the stock. ROTH MKM started tracking the stock assigning a Buy rating and suggested a price target of $32 on August 27, 2024. Scotiabank upgraded its rating to a Sector Outperform but $44 remained the price target by the analyst firm on August 20, 2024. In a note dated April 17, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $26 to $36.
For the past year, the stock price of Antero Resources Corp fluctuated between $20.10 and $36.28. Currently, Wall Street analysts expect the stock to reach $38.13 within the next 12 months. Antero Resources Corp [NYSE: AR] shares were valued at $29.23 at the most recent close of the market. An investor can expect a potential return of 30.45% based on the average AR price forecast.
Analyzing the AR fundamentals
According to Antero Resources Corp [NYSE:AR], the company’s sales were 4.39B for trailing twelve months, which represents an 4.15% jump. 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 28.86 points at the first support level, and at 28.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.61, and for the 2nd resistance point, it is at 30.00.
Ratios To Look Out For
It is important to note that Antero Resources Corp [NYSE:AR] has a current ratio of 0.29. Further, the Quick Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 2.07, the price to book ratio is 1.30 and price to earnings (TTM) ratio is 109.15.
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.
