Better Times Ahead For Antero Resources Corp (NYSE: AR)?

Antero Resources Corp (AR) concluded trading on Thursday at a closing price of $30.86, with 3.61 million shares of worth about $111.3 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.84% during that period and on December 19, 2024 the price saw a gain of about 1.01%. Currently the company’s common shares owned by public are about 311.03M shares, out of which, 288.05M shares are available for trading.

Stock saw a price change of -6.63% in past 5 days and over the past one month there was a price change of -3.32%. Year-to-date (YTD), AR shares are showing a performance of 36.07% which increased to 37.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.56 but also hit the highest price of $36.28 during that period. The average intraday trading volume for Antero Resources Corp shares is 3.81 million. The stock is currently trading -3.77% below its 20-day simple moving average (SMA20), while that difference is up 2.97% for SMA50 and it goes to 2.73% higher than SMA200.

Antero Resources Corp (NYSE: AR) currently have 311.03M outstanding shares and institutions hold larger chunk of about 83.57% of that.

The stock has a current market capitalization of $9.60B and its 3Y-monthly beta is at 3.41. PE ratio of stock for trailing 12 months is 214.75, while it has posted earnings per share of $0.14 in the same period. Its PEG reads 10.67 and has Quick Ratio of 0.28 while making debt-to-equity ratio of 0.61. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AR, volatility over the week remained 3.43% while standing at 3.17% over the month.

Stock’s fiscal year EPS is expected to drop by -85.09% while it is estimated to increase by 2738.21% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 17, 2024 offering an Equal weight rating for the stock and assigned a target price range of between $24 and $32 to it. Coverage by BofA Securities stated Antero Resources Corp (AR) stock as a Buy in their note to investors on October 28, 2024, suggesting a price target of $36 for the stock. On October 16, 2024, UBS Initiated their recommendations, while on October 01, 2024, Wells Fargo Downgrade their ratings for the stock with a price target of $25. Stock get a Neutral rating from Citigroup on September 17, 2024.

Most Popular

Related Posts