In the past week, AR stock has gone down by -2.56%, with a monthly decline of -10.46% and a quarterly plunge of -5.80%. The volatility ratio for the week is 3.86%, and the volatility levels for the last 30 days are 4.03% for Antero Resources Corp The simple moving average for the last 20 days is -9.23% for AR stock, with a simple moving average of 2.92% for the last 200 days.
Is It Worth Investing in Antero Resources Corp (NYSE: AR) Right Now?
Antero Resources Corp (NYSE: AR) has a price-to-earnings ratio that is above its average at 9.19x. and a 36-month beta value of 3.37. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 0 as “sell.”
The average price predicted for Antero Resources Corp (AR) by analysts is $33.28, which is $7.81 above the current market price. The public float for AR is 277.18M, and at present, short sellers hold a 7.12% of that float. On November 17, 2023, the average trading volume of AR was 4.49M shares.
AR) stock’s latest price update
Antero Resources Corp (NYSE: AR)’s stock price has decreased by -4.95 compared to its previous closing price of 26.85. However, the company has seen a -2.56% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-13 that Ken Griffin, CEO of Citadel, predicts high inflation to last for decades due to global unrest and structural changes. Griffin emphasizes the end of the “peace dividend” and expects higher real and nominal rates. Antero Midstream Corporation and RTX Corporation are highlighted as high-quality investments with strong balance sheets and dividend growth potential.
Analysts’ Opinion of AR
Many brokerage firms have already submitted their reports for AR stocks, with Raymond James repeating the rating for AR by listing it as a “Strong Buy.” The predicted price for AR in the upcoming period, according to Raymond James is $37 based on the research report published on October 24, 2023 of the current year 2023.
AR Trading at -5.01% 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 -34.06% of loss for the given period.
Volatility was left at 4.03%, however, over the last 30 days, the volatility rate increased by 3.86%, as shares sank -10.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.31% lower at present.
During the last 5 trading sessions, AR fell by -2.56%, which changed the moving average for the period of 200-days by -8.60% in comparison to the 20-day moving average, which settled at $27.97. In addition, Antero Resources Corp saw -17.65% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AR starting from Pearce Sheri, who sale 3,460 shares at the price of $29.92 back on Nov 02. After this action, Pearce Sheri now owns 105,596 shares of Antero Resources Corp, valued at $103,523 using the latest closing price.
Kennedy Michael N., the of Antero Resources Corp, sale 150,000 shares at $21.07 during a trade that took place back on May 05, which means that Kennedy Michael N. is holding 941,832 shares at $3,160,500 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 Corp 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 13.44, with 6.24 for asset returns.
Based on Antero Resources Corp (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 2.42, 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.
To sum up, Antero Resources Corp (AR) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.