Antero Midstream Corp (NYSE: AM) has seen a rise in its stock price by 1.80 in relation to its previous close of 12.78. However, the company has experienced a 4.08% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2023-11-17 that Aging population and declining fertility rates have investment implications, including deflationary tendencies and excessive retirement savings. Lower dependency ratios can lead to moderate or low inflation, but dysfunctional public policy can override the benefits. Among developed countries, the U.S. is in a comparatively strong position to continue economic growth going forward. This suggests a U.S.-oriented investment strategy.
Is It Worth Investing in Antero Midstream Corp (NYSE: AM) Right Now?
The price-to-earnings ratio for Antero Midstream Corp (NYSE: AM) is above average at 17.72x, while the 36-month beta value is 2.20.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 2 as “sell.”
The average price point forecasted by analysts for Antero Midstream Corp (AM) is $13.07, which is $0.06 above the current market price. The public float for AM is 336.44M, and currently, short sellers hold a 3.93% ratio of that floaft. The average trading volume of AM on November 20, 2023 was 2.33M shares.
AM’s Market Performance
The stock of Antero Midstream Corp (AM) has seen a 4.08% increase in the past week, with a 4.00% rise in the past month, and a 9.05% gain in the past quarter. The volatility ratio for the week is 1.78%, and the volatility levels for the past 30 days are at 1.96% for AM. The simple moving average for the past 20 days is 3.68% for AM’s stock, with a 15.41% simple moving average for the past 200 days.
Analysts’ Opinion of AM
Many brokerage firms have already submitted their reports for AM stocks, with Goldman repeating the rating for AM by listing it as a “Neutral.” The predicted price for AM in the upcoming period, according to Goldman is $12.50 based on the research report published on October 06, 2023 of the current year 2023.
AM Trading at 6.48% from the 50-Day Moving Average
After a stumble in the market that brought AM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.38% of loss for the given period.
Volatility was left at 1.96%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares surge +4.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.79% upper at present.
During the last 5 trading sessions, AM rose by +4.08%, which changed the moving average for the period of 200-days by +21.14% in comparison to the 20-day moving average, which settled at $12.57. In addition, Antero Midstream Corp saw 20.57% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at AM starting from MCARDLE JANINE J, who purchase 6,011 shares at the price of $11.96 back on Aug 22. After this action, MCARDLE JANINE J now owns 54,093 shares of Antero Midstream Corp, valued at $71,892 using the latest closing price.
Pearce Sheri, the of Antero Midstream Corp, sale 16,600 shares at $12.05 during a trade that took place back on Aug 09, which means that Pearce Sheri is holding 138,667 shares at $200,030 based on the most recent closing price.
Stock Fundamentals for AM
Current profitability levels for the company are sitting at:
- +54.66 for the present operating margin
- +61.35 for the gross margin
The net margin for Antero Midstream Corp stands at +32.93. The total capital return value is set at 9.88, while invested capital returns managed to touch 5.95. Equity return is now at value 16.23, with 6.26 for asset returns.
Based on Antero Midstream Corp (AM), the company’s capital structure generated 153.32 points at debt to equity in total, while total debt to capital is 60.52. Total debt to assets is 56.92, with long-term debt to equity ratio resting at 153.32. Finally, the long-term debt to capital ratio is 60.52.
When we switch over and look at the enterprise to sales, we see a ratio of 8.78, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 11.62 and the total asset turnover is 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.
In a nutshell, Antero Midstream Corp (AM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.