The stock of Antero Resources Corporation (AR) has seen a -1.12% decrease in the past week, with a -2.21% drop in the past month, and a 21.78% flourish in the past quarter. The volatility ratio for the week is 3.42%, and the volatility levels for the past 30 days are at 3.12% for AR. The simple moving average for the last 20 days is -1.69% for AR’s stock, with a simple moving average of 2.72% for the last 200 days.
Is It Worth Investing in Antero Resources Corporation (NYSE: AR) Right Now?
Antero Resources Corporation (NYSE: AR) has a price-to-earnings ratio of 5.96x that is above its average ratio. Additionally, the 36-month beta value for AR is 3.50. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
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The average price predicted by analysts for AR is $32.56, which is $6.14 above the current price. The public float for AR is 276.85M and currently, short sellers hold a 7.20% ratio of that float. The average trading volume of AR on September 18, 2023 was 5.08M shares.
AR) stock’s latest price update
The stock price of Antero Resources Corporation (NYSE: AR) has dropped by -3.07 compared to previous close of 27.34. Despite this, the company has seen a fall of -1.12% in its stock price over the last five trading days. Seeking Alpha reported 2023-09-10 that Antero Resources benefits from strong demand and subdued supply growth in the natural gas market. The company has a well-performing midstream network and access to the LNG Fairway, allowing for better prices and export opportunities. Antero’s commitment to efficiency and capital management positions it for future growth and cash flow generation, with the potential for substantial capital gains.
Analysts’ Opinion of AR
Many brokerage firms have already submitted their reports for AR stocks, with Siebert Williams Shank repeating the rating for AR by listing it as a “Hold.” The predicted price for AR in the upcoming period, according to Siebert Williams Shank is $27 based on the research report published on June 30, 2023 of the current year 2023.
AR Trading at 1.64% from the 50-Day Moving Average
After a stumble in the market that brought AR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.68% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 3.42%, as shares sank -4.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.00% upper at present.
During the last 5 trading sessions, AR fell by -1.12%, which changed the moving average for the period of 200-days by -26.16% in comparison to the 20-day moving average, which settled at $26.89. In addition, Antero Resources Corporation saw -14.49% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AR starting from Kennedy Michael N., who sale 150,000 shares at the price of $21.07 back on May 05. After this action, Kennedy Michael N. now owns 941,832 shares of Antero Resources Corporation, valued at $3,160,500 using the latest closing price.
Keenan W Howard JR, the Director of Antero Resources Corporation, sale 779,755 shares at $31.34 during a trade that took place back on Dec 07, which means that Keenan W Howard JR is holding 4,000,000 shares at $24,435,884 based on the most recent closing price.
Stock Fundamentals for AR
Current profitability levels for the company are sitting at:
- +49.86 for the present operating margin
- +51.84 for the gross margin
The net margin for Antero Resources Corporation stands at +21.69. The total capital return value is set at 37.53, while invested capital returns managed to touch 17.52. Equity return is now at value 21.30, with 10.10 for asset returns.
Based on Antero Resources Corporation (AR), the company’s capital structure generated 68.55 points at debt to equity in total, while total debt to capital is 40.67. Total debt to assets is 31.50, with long-term debt to equity ratio resting at 60.30. Finally, the long-term debt to capital ratio is 35.78.
When we switch over and look at the enterprise to sales, we see a ratio of 1.87, with the company’s debt to enterprise value settled at 0.31. The receivables turnover for the company is 12.39 and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.44.
Conclusion
In conclusion, Antero Resources Corporation (AR) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
