Antero Resources Corp (NYSE: AR) is 24.96% higher on its value in year-to-date trading and has touched a low of $20.10 and a high of $36.28 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 $28.78 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $28.34, the stock is 1.75% and -7.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.67 million and changing -1.53% at the moment leaves the stock 1.89% off its SMA200. AR registered 4.61% gain for a year compared to 6-month gain of 21.06%.
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The stock witnessed a -8.02% loss in the last 1 month and extending the period to 3 months gives it a -20.21%, and is 3.85% up 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 2.69% over the week and 3.45% over the month.
Antero Resources Corp (AR) has around 604 employees, a market worth around $8.81B and $4.39B in sales. Current P/E ratio is 105.83 and Fwd P/E is 9.93. Profit margin for the company is 1.90%. Distance from 52-week low is 41.00% and -21.87% from its 52-week high. The company has generated returns on investments over the last 12 months (0.77%).
The EPS is expected to shrink by -10.11% this year.
Antero Resources Corp (AR) Top Institutional Holders
563.0 institutions hold shares in Antero Resources Corp (AR), with institutional investors hold 90.84% of the company’s shares. The shares outstanding are 303.54M, and float is at 287.33M with Short Float at 2.72%. Institutions hold 85.57% of the Float.
The top institutional shareholder in the company is FMR LLC with over 42.3 million shares valued at $1.23 billion. The investor’s holdings represent 14.1097 of the AR Shares outstanding. As of 2024-03-31, the second largest holder is VANGUARD GROUP INC with 28.07 million shares valued at $813.93 million to account for 9.362 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 25.21 million shares representing 8.4078 and valued at over $730.98 million, while STATE STREET CORP holds 3.9795 of the shares totaling 11.93 million with a market value of $345.98 million.
Antero Resources Corp (AR) Insider Activity
The most recent transaction is an insider sale by Schultz Yvette K. SEC filings show that Schultz Yvette K sold 50,000 shares of the company’s common stock on Aug 05 ’24 at a price of $25.24 per share for a total of $1.26 million. Following the sale, the insider now owns 0.25 million shares.
Still, SEC filings show that on May 20 ’24, Pearce Sheri () disposed off 16,377 shares at an average price of $35.50 for $0.58 million. The insider now directly holds 77,460 shares of Antero Resources Corp (AR).
