The stock of Antero Resources Corp (NYSE: AR) has increased by 3.62 when compared to last closing price of 33.11. Despite this, the company has experienced a 7.39% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-20 that Antero Resources excels with its export-focused model, operational efficiency, and substantial reserves, positioning it well for tightening natural gas markets and potential price increases. Despite negative free cash flow this year, AR’s potential for substantial free cash flow at higher gas prices supports aggressive buybacks and a Strong Buy rating. The company’s unhedged production strategy adds risk but is mitigated by a strong balance sheet and disciplined capital spending.
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 238.76x compared to its average ratio, The 36-month beta value for AR is at 3.44. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 6 rating it as “overweight,” 12 as “hold,” and 1 as “sell.”
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The public float for AR is 288.04M, and currently, shorts hold a 3.18% of that float. The average trading volume for AR on November 25, 2024 was 3.81M shares.
AR’s Market Performance
AR’s stock has seen a 7.39% increase for the week, with a 23.68% rise in the past month and a 29.08% gain in the past quarter. The volatility ratio for the week is 3.73%, and the volatility levels for the past 30 days are at 3.68% for Antero Resources Corp The simple moving average for the last 20 days is 14.40% for AR stock, with a simple moving average of 16.56% for the last 200 days.
Analysts’ Opinion of AR
Many brokerage firms have already submitted their reports for AR stocks, with BofA Securities repeating the rating for AR by listing it as a “Buy.” The predicted price for AR in the upcoming period, according to BofA Securities is $36 based on the research report published on October 28, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see AR reach a price target of $33. The rating they have provided for AR stocks is “Neutral” according to the report published on October 16th, 2024.
Wells Fargo gave a rating of “Underweight” to AR, setting the target price at $25 in the report published on October 01st of the current year.
AR Trading at 18.98% 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 -5.42% of loss for the given period.
Volatility was left at 3.68%, however, over the last 30 days, the volatility rate increased by 3.73%, as shares surge +26.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.69% upper at present.
During the last 5 trading sessions, AR rose by +8.29%, which changed the moving average for the period of 200-days by +63.67% in comparison to the 20-day moving average, which settled at $30.01. In addition, Antero Resources Corp saw 51.28% 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:
- 0.03 for the present operating margin
- 0.3 for the gross margin
The net margin for Antero Resources Corp stands at 0.01. The total capital return value is set at 0.01. Equity return is now at value 0.65, with 0.33 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 0.42. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 1.16.
Currently, EBITDA for the company is 1.23 billion with net debt to EBITDA at 4.57. When we switch over and look at the enterprise to sales, we see a ratio of 3.5. The receivables turnover for the company is 12.35for 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 0.28.
Conclusion
In conclusion, Antero Resources Corp (AR) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
