The Antero Resources Corporation (NYSE:AR) is going down by -1.97% in today’s trading session, a fall equivalent to -0.04% of the stock’s price from yesterday’s market close. A news came out on 11/14/19 stating that Oil Prices Are Steady. Why Are Risky Energy Companies Unpopular as Ever? by BARRONS. The lowest point that the shares touched during the trading session was $1.97, while the peak of the day was recorded at a share price of $2.23. AR finished the previous session at $2.03 according to the data provided by Barchart, while the trading volume was observed to be $2942311.
In the 100 days of trading, AR managed to top a 3.55% Moving average. Additionally, Antero Resources Corporation shares have achieved a 52-week range between 1.97 and 14.34 alongside 100 days raw stochastic set at 0.93%.
The number of shares outstanding, according to the fundamentals of the company, is set at 300.22M, equal to the value of $609.45M in market capitalization. In the last 30 days, Antero Resources Corporation shares went down by -40.83%, adding 3.38 to growth in value, on top of a +1.52% boost since 10/18/19.
Antero Resources Corporation (NYSE:AR) Analyst’s Estimates
Antero Resources Corporation (AR) could record at least -$0.14 per share in quarterly earnings in the upcoming report on 02/26/2020, a number that would actually represent a decrease of -0.34 YOY.
According to the average analyst rating, Antero Resources Corporation would be rated as Hold. Out of 21 different analysts monitoring AR stock, 4 analysts rate the stock as a BUY, 12 suggest to give the rating of HOLD, 2 indicate that AR is an OVERWEIGHT, 3 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On October 04, 2019, the stock earned a Downgrade rating due to a new analyst call from Morgan Stanley, while analysts from JP Morgan believe that the stock is set at Underweight, as concluded on October 03, 2019. Goldman, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on September 06, 2019.
CapitalOne, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on June 18, 2019, giving the stock a Equal Weight from the Underweight rating.
AR Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +20.92% has been attained, while the operating margin has been recorded at +15.11%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -2.46%. Beta value of the stock is recorded at 0.78. Additionally, Antero Resources Corporation is recording price volatility of 9.86% for the period of the last seven days and 11.03% in the last 30 days.
Antero Resources Corporation (NYSE:AR) Technical Outlook
For the period of the last 50 days, Antero Resources Corporation had its Raw Stochastic average set at 1.23% 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 2.13%. Stochastic %K for Antero Resources Corporation, with the last 20 days included, was set at 5.08%, having Stochastic %D topping 5.58%. 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 Resources Corporation stocks with recording -78.38% in metrics.
Antero Resources Corporation Insider Watch:
Similarly, 41.68% of the company’s float is held by institutions – and there are 51 institutions in total holding shares of this company. The top three institutional holders of AR stocks are: FPR Partners, LLC with ownership of $92.89 million, which is approximately 30758308 of the company’s shares; Vanguard Group, Inc. (The), holding 23025637 shares of the stock with an approximate value of $69.54 million; and Baupost Group, Inc,.(The) LLC, currently with more than 21087791 shares of the company valued at $63.69 million. Positions in Antero Resources Corporation stocks held by institutional investors has been changing actively in the past six months, a period during which there were 22 insider purchases amounting to 450320 shares. Similarly, there were 3 sale transactions amounting to 48282568 shares, with the net shares purchased during the last six months reaching -47,832,250.