Antero Resources Corporation [AR] gain 102.02% so far this year. What now?

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Antero Resources Corporation [NYSE: AR] gained 1.85% or 0.2 points to close at $11.01 with a heavy trading volume of 10361911 shares. The company report on May 6, 2021 that Antero Resources Announces Appointment of Brenda R. Schroer to the Board of Directors.

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Antero Resources Corporation (NYSE: AR) (“Antero Resources” or the “Company”) announced that Brenda R. Schroer has been appointed to its Board of Directors (the “Board”), as a Class I director, effective as of April 30, 2021. Ms. Schroer is an independent director under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission and the applicable listing standards of the New York Stock Exchange. Ms. Schroer’s appointment brings the size of the Board to eight directors, seven of whom are independent for service on the Board.

Ms. Schroer has an extensive background in the oil and gas industry, previously serving as Senior Vice President, Chief Financial Officer and Treasurer of Concho Resources from January 1, 2019 until it was acquired by ConocoPhillips in January 2021. Ms. Schroer also oversaw Environmental, Social and Governance (“ESG”) reporting at Concho. Ms. Schroer is currently the Interim Chief Financial Officer for Solaris Midstream Holdings, where she also served on the board from July 2019 until February 2021. Prior to joining Concho in 2013 as Vice President and Chief Accounting Officer, Ms. Schroer was with Ernst & Young LLP beginning in 1999, with her most recent position being America’s Oil & Gas Sector Resident within E&Y’s national audit practice. Ms. Schroer received a BBA in Accounting from West Texas A&M University in 1998 and a MS in Accounting from Texas A&M University in 1999.

It opened the trading session at $10.99, the shares rose to $11.399 and dropped to $10.76, the range by which the price of stock traded the whole day. The daily chart for AR points out that the company has recorded 231.63% gains over the past six months. However, it is still -385.02% lower than its most recent low trading price.

If we look at the average trading volume of 8.48M shares, AR reached to a volume of 10361911 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Antero Resources Corporation [AR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AR shares is $11.91 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AR stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Antero Resources Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 23, 2021. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $6 to $11. The new note on the price target was released on March 11, 2021, representing the official price target for Antero Resources Corporation stock. Previously, the target price had yet another raise to $12, while Wells Fargo analysts kept a Equal Weight rating on AR stock.

The Average True Range (ATR) for Antero Resources Corporation is set at 0.62, with the Price to Sales ratio for AR stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 0.56, with the Price to Cash per share for the same quarter was set at 0.00. Price to Free Cash Flow for AR in the course of the last twelve months was 2.95 with Quick ratio for the last quarter at 0.50.

Trading performance analysis for AR stock

Antero Resources Corporation [AR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.46. With this latest performance, AR shares gained by 19.80% in over the last four-week period, additionally plugging by 231.63% over the last 6 months – not to mention a rise of 251.76% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AR stock in for the last two-week period is set at 63.64, with the RSI for the last a single of trading hit 69.68, and the three-weeks RSI is set at 60.56 for Antero Resources Corporation [AR]. The present Moving Average for the last 50 days of trading for this stock 9.79, while it was recorded at 10.60 for the last single week of trading, and 6.00 for the last 200 days.

Antero Resources Corporation [AR]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Antero Resources Corporation [AR] shares currently have an operating margin of -60.76 and a Gross Margin at -55.62. Antero Resources Corporation’s Net Margin is presently recorded at -48.45.

Return on Total Capital for AR is now -12.56, given the latest momentum, and Return on Invested Capital for the company is -10.38. Return on Equity for this stock declined to -19.91, with Return on Assets sitting at -8.47. When it comes to the capital structure of this company, Antero Resources Corporation [AR] has a Total Debt to Total Equity ratio set at 97.38. Additionally, AR Total Debt to Total Capital is recorded at 49.34, with Total Debt to Total Assets ending up at 40.04. Long-Term Debt to Equity for the company is recorded at 92.76, with the Long-Term Debt to Total Capital now at 47.00.

Reflecting on the efficiency of the workforce at the company, Antero Resources Corporation [AR] managed to generate an average of -$2,428,921 per employee. Receivables Turnover for the company is 5.55 with a Total Asset Turnover recorded at a value of 0.17.Antero Resources Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.50.

Antero Resources Corporation [AR]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Antero Resources Corporation posted -0.37/share EPS, while the average EPS was predicted by analysts to be reported at -0.16/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -131.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AR.

An analysis of insider ownership at Antero Resources Corporation [AR]

There are presently around $2,406 million, or 72.90% of AR stock, in the hands of institutional investors. The top three institutional holders of AR stocks are: SAILINGSTONE CAPITAL PARTNERS LLC with ownership of 27,170,064, which is approximately 71.236% of the company’s market cap and around 8.50% of the total institutional ownership; VANGUARD GROUP INC, holding 22,472,797 shares of the stock with an approximate value of $242.93 million in AR stocks shares; and BLACKROCK INC., currently with $223.36 million in AR stock with ownership of nearly 3.35% of the company’s market capitalization.

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Positions in Antero Resources Corporation stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 102 institutional holders increased their position in Antero Resources Corporation [NYSE:AR] by around 43,147,933 shares. Additionally, 109 investors decreased positions by around 36,316,620 shares, while 42 investors held positions by with 143,140,763 shares. The mentioned changes placed institutional holdings at 222,605,316 shares, according to the latest SEC report filing. AR stock had 56 new institutional investments in for a total of 11,034,546 shares, while 30 institutional investors sold positions of 7,523,440 shares during the same period.

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