Antero Resources Corp (AR) Volatility Spurs A Quest For Clarity

Currently, there are 311.03M common shares owned by the public and among those 288.05M shares have been available to trade.

The company’s stock has a 5-day price change of 7.16% and 31.93% over the past three months. AR shares are trading 10.10% year to date (YTD), with the 12-month market performance up to 69.63% higher. It has a 12-month low price of $20.56 and touched a high of $39.43 over the same period. AR has an average intraday trading volume of 3.90 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.44%, 19.55%, and 25.74% respectively.

Institutional ownership of Antero Resources Corp (NYSE: AR) shares accounts for 83.58% of the company’s 311.03M shares outstanding.

It has a market capitalization of $12.01B and a beta (3y monthly) value of 3.34. The stock’s trailing 12-month PE ratio is 268.55, while the earnings-per-share (ttm) stands at $0.14. The company has a PEG of 4.05 and a Quick Ratio of 0.28 with the debt-to-equity ratio at 0.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.89% over the week and 3.29% over the month.

Analysts forecast that Antero Resources Corp (AR) will achieve an EPS of 0.31 for the current quarter, 0.6 for the next quarter and 2.2 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.13 while analysts give the company a high EPS estimate of 0.13. Comparatively, EPS for the current quarter was 0.23 a year ago. Earnings per share for the fiscal year are expected to decrease by -83.75%, and 2648.31% over the next financial year.

Looking at the support for the AR, a number of firms have released research notes about the stock. Wells Fargo stated their Equal Weight rating for the stock in a research note on December 17, 2024, with the firm’s price target at $24-$32. BofA Securities coverage for the Antero Resources Corp (AR) stock in a research note released on October 28, 2024 offered a Buy rating with a price target of $36. UBS was of a view on October 16, 2024 that the stock is Neutral, while Wells Fargo gave the stock Underweight rating on October 01, 2024, issuing a price target of $34- $25. Citigroup on their part issued Neutral rating on September 17, 2024.

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