Antero Resources Corporation [NYSE: AR] price plunged by -1.66 percent to reach at -$0.33. The company report on October 6, 2021 that Antero Resources Publishes 2020 ESG Report and Reiterates 2025 Environmental Goals.
Antero Resources Corporation (NYSE: AR) (“Antero Resources” or the “Company”) announced the publication of its 2020 ESG Report highlighting its focus on People, Performance and Purpose. The report details Antero Resources’ ongoing commitment to the communities in which it operates, safe operations, environmental excellence and strong governance. The full report is available at www.anteroresources.com.
A sum of 8736184 shares traded at recent session while its average daily volume was at 6.82M shares. Antero Resources Corporation shares reached a high of $20.07 and dropped to a low of $18.90 until finishing in the latest session at $19.49.
The one-year AR stock forecast points to a potential downside of -8.58. The average equity rating for AR stock is currently 2.30, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $17.95 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 2.30. 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.
Raymond James have made an estimate for Antero Resources Corporation shares, keeping their opinion on the stock as Strong Buy, with their previous recommendation back on July 27, 2021. While these analysts kept the previous recommendation, TD Securities raised their target price from $12 to $18.50. The new note on the price target was released on June 29, 2021, representing the official price target for Antero Resources Corporation stock. Previously, the target price had yet another raise from $14 to $16, while Wells Fargo kept a Overweight rating on AR stock.
The Average True Range (ATR) for Antero Resources Corporation is set at 1.11, with the Price to Sales ratio for AR stock in the period of the last 12 months amounting to 1.79. The Price to Book ratio for the last quarter was 1.11, with the Price to Cash per share for the same quarter was set at 0.01. Price to Free Cash Flow for AR in the course of the last twelve months was 4.71 with Quick ratio for the last quarter at 0.30.
AR Stock Performance Analysis:
Antero Resources Corporation [AR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -6.12. With this latest performance, AR shares gained by 17.98% in over the last four-week period, additionally plugging by 105.81% over the last 6 months – not to mention a rise of 421.12% 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 60.40, with the RSI for the last a single of trading hit 56.56, and the three-weeks RSI is set at 61.54 for Antero Resources Corporation [AR]. The present Moving Average for the last 50 days of trading for this stock 15.74, while it was recorded at 19.99 for the last single week of trading, and 11.86 for the last 200 days.
Insight into Antero Resources Corporation Fundamentals:
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 0.30 and a Current Ratio set at 0.30.
Antero Resources Corporation [AR] Insider Position Details
There are presently around $4,498 million, or 75.80% of AR stock, in the hands of institutional investors. The top three institutional holders of AR stocks are: VANGUARD GROUP INC with ownership of 25,013,326, which is approximately -1.756% of the company’s market cap and around 8.20% of the total institutional ownership; BLACKROCK INC., holding 22,218,324 shares of the stock with an approximate value of $433.04 million in AR stocks shares; and FMR LLC, currently with $324.34 million in AR stock with ownership of nearly 6962882.008% of the company’s market capitalization.
Positions in Antero Resources Corporation stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 125 institutional holders increased their position in Antero Resources Corporation [NYSE:AR] by around 54,010,878 shares. Additionally, 108 investors decreased positions by around 31,717,199 shares, while 48 investors held positions by with 145,033,693 shares. The mentioned changes placed institutional holdings at 230,761,770 shares, according to the latest SEC report filing. AR stock had 43 new institutional investments in for a total of 9,781,196 shares, while 39 institutional investors sold positions of 9,720,879 shares during the same period.