The Antero Midstream Corporation (NYSE:AM) is going up by 2.39% in today’s trading session, a rise equivalent to 0.27% of the stock’s price from yesterday’s market close. A news came out on 06/25/19 stating that Antero Midstream Announces Pricing of Upsized $650 Million Offering of Senior Notes by WSJ. The lowest point that the shares touched during the trading session was $11.10, while the peak of the day was recorded at a share price of $11.47. AM finished the previous session at $11.30 according to the data provided by Barchart, while the trading volume was observed to be $2,789,302.
In the 100 days of trading, AM managed to top a 12.96% Moving average. Additionally, Antero Midstream Corporation shares have achieved a 52-week range between 10.12 and 19.82 alongside 100 days raw stochastic set at 20.97%.
The number of shares outstanding, according to the fundamentals of the company, is set at 509.01M, equal to the value of $5.75B in market capitalization. Financial analysts indicate that AM shares should be still ranked as a “Outperform”. In the last 30 days, Antero Midstream Corporation shares went down by -11.89%, adding 13.12 to growth in value, on top of a +7.24% boost since 05/28/19.
Antero Midstream Corporation (NYSE:AM) Analyst’s Estimates
Antero Midstream Corporation (AM) could record at least $0.23 per share in quarterly earnings in the upcoming report on 07/31/2019, a number that would actually represent an increase of 24.59% YOY.
According to the average analyst rating, Antero Midstream Corporation would be rated as 1.92. Out of 12 different analysts monitoring AM stock, 5 analysts rate the stock as a BUY, 4 suggest to give the rating of HOLD, 3 indicate that AM is an OUTPERFORM, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERPERFORM.
On May-28-19, the stock earned a Resumed rating due to a new analyst call from Citigroup, while analysts from Raymond James believe that the stock is set at Outperform from Strong Buy, as concluded on Apr-16-19. CapitalOne, is still rather wary about the stock, deciding to keep the rating at Equal Weight as confirmed through a call on Feb-01-19.
Raymond James, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Oct-10-18, giving the stock a Mkt Perform from the Strong Buy rating.
AM Key Ratios To Watch:
The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 158.45%. Additionally, Antero Midstream Corporation is recording price volatility of 3.24% for the period of the last seven days and 3.19% in the last 30 days.
Antero Midstream Corporation (NYSE:AM) Technical Outlook
For the period of the last 50 days, Antero Midstream Corporation had its Raw Stochastic average set at 25.70% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 33.33%. Stochastic %K for Antero Midstream Corporation, with the last 20 days included, was set at 23.50%, having Stochastic %D topping 16.24%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Antero Midstream Corporation stocks with recording -40.34% in metrics.
Antero Midstream Corporation Insider Watch:
As far as the position of shares issued by Antero Midstream Corporation (NYSE:AM) for the period concluded at the market close of 06/27/19, 172 institutional investors increased their positions in AM shares by 80,307,164, 69 decreased positions by 23,944,901 and 12 institutional investors decided to hold positions at 194,072,003. These numbers put the complete list of institutional holdings set at 298,324,068 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 51 institutional investments with 6,398,826 new shares in addition to having 40 institutional investors selling their positions in 3,837,302 shares.