Antero Midstream Corporation [AM] Revenue clocked in at $892.60 million, down -6.71% YTD: What’s Next?

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Antero Midstream Corporation [NYSE: AM] stock went on a downward path that fall over -2.90% on Tuesday, amounting to a one-week price increase of more than 0.22%. The company report on April 27, 2022 that Antero Midstream Announces First Quarter 2022 Financial and Operational Results.


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Antero Midstream Corporation (NYSE: AM) (“Antero Midstream” or the “Company”) today announced its first quarter 2022 financial and operational results. The relevant unaudited condensed consolidated financial statements are included in Antero Midstream’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.

Over the last 12 months, AM stock dropped by -12.92%. The one-year Antero Midstream Corporation stock forecast points to a potential upside of 15.69. The average equity rating for AM stock is currently 3.30, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $4.34 billion, with 477.65 million shares outstanding and 319.84 million shares in the current float. Compared to the average trading volume of 3.86M shares, AM stock reached a trading volume of 4027750 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Antero Midstream Corporation [AM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AM shares is $10.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AM stock is a recommendation set at 3.30. 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.

Wells Fargo have made an estimate for Antero Midstream Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on April 28, 2022. While these analysts kept the previous recommendation, Barclays dropped their target price from $11 to $10. The new note on the price target was released on March 02, 2022, representing the official price target for Antero Midstream Corporation stock. Previously, the target price had yet another raise to $8, while Tudor Pickering analysts kept a Sell rating on AM stock.

The Average True Range (ATR) for Antero Midstream Corporation is set at 0.41, with the Price to Sales ratio for AM stock in the period of the last 12 months amounting to 4.86. The Price to Book ratio for the last quarter was 1.91. Price to Free Cash Flow for AM in the course of the last twelve months was 6.02 with Quick ratio for the last quarter at 0.60.

AM Stock Performance Analysis:

Antero Midstream Corporation [AM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.22. With this latest performance, AM shares dropped by -17.46% in over the last four-week period, additionally sinking by -11.56% over the last 6 months – not to mention a drop of -12.92% 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 AM stock in for the last two-week period is set at 39.63, with the RSI for the last a single of trading hit 38.90, and the three-weeks RSI is set at 40.84 for Antero Midstream Corporation [AM]. The present Moving Average for the last 50 days of trading for this stock 10.06, while it was recorded at 9.18 for the last single week of trading, and 10.27 for the last 200 days.

Insight into Antero Midstream Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Antero Midstream Corporation [AM] shares currently have an operating margin of +58.21 and a Gross Margin at +65.21. Antero Midstream Corporation’s Net Margin is presently recorded at +34.23.

Return on Equity for this stock inclined to 14.10, with Return on Assets sitting at 5.89.

Antero Midstream Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.60 and a Current Ratio set at 0.60.

AM Stock EPS

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 AM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Antero Midstream Corporation go to 6.20%.

Antero Midstream Corporation [AM] Insider Position Details

There are presently around $2,387 million, or 53.70% of AM stock, in the hands of institutional investors. The top three institutional holders of AM stocks are: BLACKROCK INC. with ownership of 32,917,158, which is approximately 9.091% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 31,315,528 shares of the stock with an approximate value of $291.23 million in AM stocks shares; and INVESCO LTD., currently with $285.14 million in AM stock with ownership of nearly -2.189% of the company’s market capitalization.

Positions in Antero Midstream Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 161 institutional holders increased their position in Antero Midstream Corporation [NYSE:AM] by around 22,004,292 shares. Additionally, 134 investors decreased positions by around 23,561,135 shares, while 55 investors held positions by with 211,084,819 shares. The mentioned changes placed institutional holdings at 256,650,246 shares, according to the latest SEC report filing. AM stock had 40 new institutional investments in for a total of 1,517,031 shares, while 37 institutional investors sold positions of 11,095,549 shares during the same period.

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