Antero Resources Corporation (NYSE: AR) is 91.94% higher on its value in year-to-date trading and has touched a low of $15.38 and a high of $48.80 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AR stock was last observed hovering at around $35.83 in the last trading session, with the day’s loss setting it -2.24% off its average median price target of $53.00 for the next 12 months. It is also 49.87% off the consensus price target high of $67.00 offered by 16 analysts, but current levels are 9.22% higher than the price target low of $37.00 for the same period.
Currently trading at $33.59, the stock is -15.29% and -13.18% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.56 million and changing -6.25% at the moment leaves the stock 9.39% off its SMA200. AR registered 101.62% gain for a year compared to 6-month gain of 17.28%.
The stock witnessed a -20.46% loss in the last 1 month and extending the period to 3 months gives it a 9.27%, and is -15.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.36% over the week and 4.87% over the month.
Antero Resources Corporation (AR) has around 519 employees, a market worth around $10.89B and $5.92B in sales. Current P/E ratio is 11.55 and Fwd P/E is 3.96. Profit margin for the company is 16.20%. Distance from 52-week low is 118.40% and -31.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.60%).
Antero Resources Corporation (AR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Antero Resources Corporation (AR) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.10, where 4 rate it as a Hold and 2 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to grow by 87.00% this year
Antero Resources Corporation (AR) Top Institutional Holders
The shares outstanding are 310.54M, and float is at 269.24M with Short Float at 8.32%.
Antero Resources Corporation (AR) Insider Activity
A total of 49 insider transactions have happened at Antero Resources Corporation (AR) in the last six months, with sales accounting for 18 and purchases happening 31 times. The most recent transaction is an insider sale by Keenan W Howard JR, the company’s Director. SEC filings show that Keenan W Howard JR sold 374,086 shares of the company’s common stock on Sep 07 at a price of $37.71 per share for a total of $14.11 million. Following the sale, the insider now owns 5.0 million shares.
Antero Resources Corporation disclosed in a document filed with the SEC on Sep 06 that Keenan W Howard JR (Director) sold a total of 373,866 shares of the company’s common stock. The trade occurred on Sep 06 and was made at $38.73 per share for $14.48 million. Following the transaction, the insider now directly holds 5.37 million shares of the AR stock.
Still, SEC filings show that on Aug 23, CLARK ROBERT J (Director) disposed off 5,000 shares at an average price of $45.00 for $0.23 million. The insider now directly holds 66,227 shares of Antero Resources Corporation (AR).
Antero Resources Corporation (AR): Who are the competitors?
The company’s main competitors (and peers) include Range Resources Corporation (RRC) that is trading 45.75% up over the past 12 months and Coterra Energy Inc. (CTRA) that is 57.01% higher over the same period. EQT Corporation (EQT) is 136.01% up on the 1-year trading charts.