Antero Resources Corp (NYSE: AR) is 13.38% higher on its value in year-to-date trading and has touched a low of $22.01 and a high of $41.53 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 $39.84 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $39.74, the stock is 1.97% and 9.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.55 million and changing -0.25% at the moment leaves the stock 25.39% off its SMA200. AR registered 87.36% gain for a year compared to 6-month gain of 42.74%.
The stock witnessed a -2.05% loss in the last 1 month and extending the period to 3 months gives it a 27.41%, and is -0.70% 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 3.40% over the week and 3.36% over the month.
Antero Resources Corp (AR) has around 616 employees, a market worth around $12.37B and $4.32B in sales. Current P/E ratio is 220.17 and Fwd P/E is 11.26. Profit margin for the company is 1.32%. Distance from 52-week low is 80.55% and -4.31% from its 52-week high. The company has generated returns on investments over the last 12 months (0.54%).
with sales reaching $1.29B over the same period.The EPS is expected to grow by 754.06% this year, but quarterly earnings will post 25.51% year-over-year. Quarterly sales are estimated to grow 14.87% in year-over-year returns.
Antero Resources Corp (AR) Top Institutional Holders
The shares outstanding are 311.17M, and float is at 287.08M with Short Float at 3.26%.
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 14.0244% 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
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Antero Resources Corp disclosed in a document filed with the SEC on Aug 05 ’24 that Schultz Yvette Ksold a total of 50,000 shares of the company’s common stock. The trade occurred on Aug 05 ’24 and was made at $25.24 per share for $1.26 million. Following the transaction, the insider now directly holds 0.25 million shares of the AR stock.
Still, SEC filings show that on Aug 05 ’24, Yvette Schultz (Officer) Proposed Sale 50,000 shares at an average price of $25.24 for $1.26 million. The insider now directly holds shares of Antero Resources Corp (AR).
