At the time of writing, Antero Resources Corp [AR] stock is trading at $31.67, up 8.35%. 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 19.19% over the last week, with a monthly amount glided 8.27%, 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 28, 2024, when BofA Securities initiated its Buy rating and assigned the stock a price target of $36. Previously, UBS started tracking the stock with Neutral rating on October 16, 2024, and set its price target to $33. On October 01, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $25 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $29 on September 17, 2024. Wolfe Research upgraded its rating to a Outperform but $37 remained the price target by the analyst firm on September 11, 2024. ROTH MKM started tracking with a Buy rating for this stock on August 27, 2024, and assigned it a price target of $32. In a note dated August 20, 2024, Scotiabank upgraded an Sector Outperform rating on this stock but restated the target price of $44.
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 $37.58 within the next 12 months. Antero Resources Corp [NYSE: AR] shares were valued at $31.67 at the most recent close of the market. An investor can expect a potential return of 18.66% based on the average AR price forecast.
Analyzing the AR fundamentals
According to Antero Resources Corp [NYSE:AR], the company’s sales were 4.30B for trailing twelve months, which represents an -7.59% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.
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 30.39 points at the first support level, and at 29.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.35, and for the 2nd resistance point, it is at 33.04.
Ratios To Look Out For
It is important to note that Antero Resources Corp [NYSE:AR] has a current ratio of 0.28. As well, the Quick Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 220.39.
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.
