The stock of Antero Resources Corp (NYSE: AR) has decreased by -1.14 when compared to last closing price of 25.46. Despite this, the company has experienced a -6.74% fall in its stock price over the last five trading sessions. zacks.com reported 2024-09-09 that Based on several factors impacting the natural gas market, we recommend investors hold on to stocks like RRC and AR.
Is It Worth Investing in Antero Resources Corp (NYSE: AR) Right Now?
Antero Resources Corp (NYSE: AR) has a higher price-to-earnings ratio of 93.99x compared to its average ratio, The 36-month beta value for AR is at 3.34. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 6 rating it as “overweight,” 12 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for AR is 287.50M, and currently, shorts hold a 2.83% of that float. The average trading volume for AR on September 10, 2024 was 3.39M shares.
AR’s Market Performance
The stock of Antero Resources Corp (AR) has seen a -6.74% decrease in the past week, with a -5.20% drop in the past month, and a -26.01% fall in the past quarter. The volatility ratio for the week is 3.29%, and the volatility levels for the past 30 days are at 2.85% for AR. The simple moving average for the past 20 days is -6.69% for AR’s stock, with a -9.34% simple moving average for the past 200 days.
Analysts’ Opinion of AR
Many brokerage firms have already submitted their reports for AR stocks, with ROTH MKM repeating the rating for AR by listing it as a “Buy.” The predicted price for AR in the upcoming period, according to ROTH MKM is $32 based on the research report published on August 27, 2024 of the current year 2024.
Scotiabank, on the other hand, stated in their research note that they expect to see AR reach a price target of $44. The rating they have provided for AR stocks is “Sector Outperform” according to the report published on August 20th, 2024.
AR Trading at -12.93% 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 -30.61% of loss for the given period.
Volatility was left at 2.85%, however, over the last 30 days, the volatility rate increased by 3.29%, as shares sank -5.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.84% lower at present.
During the last 5 trading sessions, AR fell by -6.74%, which changed the moving average for the period of 200-days by -0.20% in comparison to the 20-day moving average, which settled at $26.90. In addition, Antero Resources Corp saw 10.98% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AR starting from Schultz Yvette K, who sale 50,000 shares at the price of $25.24 back on Aug 05 ’24. After this action, Schultz Yvette K now owns 248,363 shares of Antero Resources Corp, valued at $1,262,000 using the latest closing price.
Yvette Schultz, the Officer of Antero Resources Corp, proposed sale 50,000 shares at $25.24 during a trade that took place back on Aug 05 ’24, which means that Yvette Schultz is holding shares at $1,261,813 based on the most recent closing price.
Stock Fundamentals for AR
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.11 for the gross margin
The net margin for Antero Resources Corp stands at 0.02. The total capital return value is set at 0.02. Equity return is now at value 1.21, with 0.61 for asset returns.
Based on Antero Resources Corp (AR), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 1.62.
Currently, EBITDA for the company is 1.08 billion with net debt to EBITDA at 4.52. When we switch over and look at the enterprise to sales, we see a ratio of 2.86. The receivables turnover for the company is 11.06for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In conclusion, Antero Resources Corp (AR) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
