Antero Resources Corp (NYSE: AR) is 9.33% higher on its value in year-to-date trading and has touched a low of $20.56 and a high of $37.93 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 $37.86 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $38.32, the stock is 13.47% and 20.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.88 million and changing 1.22% at the moment leaves the stock 25.28% off its SMA200. AR registered 63.48% gain for a year compared to 6-month loss of 17.98%. The firm has a 50-day simple moving average (SMA 50) of $31.8588 and a 200-day simple moving average (SMA200) of $30.58655.
The stock witnessed a 22.86% gain in the last 1 month and extending the period to 3 months gives it a 33.94%, and is 7.73% 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 3.23% over the week and 3.43% over the month.
Antero Resources Corp (AR) has around 604 employees, a market worth around $11.92B and $4.30B in sales. Current P/E ratio is 266.67 and Fwd P/E is 16.04. Profit margin for the company is 1.05%. Distance from 52-week low is 86.38% and 1.03% from its 52-week high. The company has generated returns on investments over the last 12 months (0.42%).
with sales reaching $1.15B over the same period.The EPS is expected to shrink by -82.36% this year, but quarterly earnings will post -9.27% year-over-year. Quarterly sales are estimated to shrink -3.34% in year-over-year returns.
Antero Resources Corp (AR) Top Institutional Holders
568.0 institutions hold shares in Antero Resources Corp (AR), with institutional investors hold 90.85% of the company’s shares. The shares outstanding are 311.03M, and float is at 288.05M with Short Float at 2.88%. Institutions hold 85.59% of the Float.
The top institutional shareholder in the company is FMR LLC with over 43.59 million shares valued at $1.42 billion. The investor’s holdings represent 14.294% of the AR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 29.49 million shares valued at $962.16 million to account for 9.6696 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 25.63 million shares representing 8.4039% and valued at over $836.22 million, while WELLINGTON MANAGEMENT GROUP LLP holds 5.5043 of the shares totaling 16.79 million with a market value of $547.69 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).
