Antero Midstream Corp (AM) stock forecast: Can it reach its 52-week high of $16.00

Antero Midstream Corp [AM] stock is trading at $16.13, up 2.02%. An important factor to consider is whether the stock is rising or falling in short-term value. The AM shares have gain 4.06% over the last week, with a monthly amount glided 6.19%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Antero Midstream Corp [NYSE: AM] stock has seen the most recent analyst activity on December 18, 2024, when Wells Fargo downgraded its rating to a Equal Weight but kept the price target unchanged to $16 for it. Previously, Tudor Pickering Holt & Co. downgraded its rating to Hold on March 12, 2024, and elevated its price target to $13. Pickering Energy Partners started tracking the stock assigning a Outperform rating. UBS initiated its recommendation with a Buy and recommended $14 as its price target on May 10, 2023. Wells Fargo upgraded its rating to Overweight for this stock on April 28, 2022, and upped its price target to $13. In a note dated March 02, 2022, Barclays downgraded an Underweight rating on this stock and revised its target price from $11 to $10.

Antero Midstream Corp [AM] stock has fluctuated between $11.58 and $16.00 over the past year. Currently, Wall Street analysts expect the stock to reach $14.5 within the next 12 months. Antero Midstream Corp [NYSE: AM] shares were valued at $16.13 at the most recent close of the market. An investor can expect a potential drop of -10.11% based on the average AM price forecast.

Analyzing the AM fundamentals

Antero Midstream Corp [NYSE:AM] reported sales of 1.15B for the trailing twelve months, which represents a growth of 2.14%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.49.

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 15.88 points at the first support level, and at 15.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.30, and for the 2nd resistance point, it is at 16.47.

Ratios To Look Out For

For context, Antero Midstream Corp’s Current Ratio is 1.09. On the other hand, the Quick Ratio is 1.09. Considering the valuation of this stock, the price to sales ratio is 6.75, the price to book ratio is 3.64 and price to earnings (TTM) ratio is 20.06.

Transactions by insiders

Recent insider trading involved MCARDLE JANINE J, Director, that happened on Dec 13 ’24 when 1174.0 shares were purchased. Director, KLIMLEY BROOKS J completed a deal on Nov 05 ’24 to sell 10000.0 shares. Meanwhile, Director BROOKS J KLIMLEY bought 10000.0 shares on Nov 05 ’24.

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