Antero Resources Corporation [NYSE: AR] stock went on an upward path that rose over 2.91% on Monday, amounting to a one-week price increase of more than 7.24%. The company report on July 13, 2022 that Antero Resources Announces Second Quarter 2022 Earnings Release Date and Conference Call.
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Antero Resources (NYSE: AR)Â (“Antero” or the “Company”) announced today that the Company plans to issue its second quarter 2022 earnings release on Wednesday, July 27, 2022 after the close of trading on the New York Stock Exchange.
A conference call is scheduled on Thursday, July 28, 2022 at 9:00 am MT to discuss the financial and operational results.Â A brief Q&A session for security analysts will immediately follow the discussion of the results.Â To participate in the call, dial in at 877-407-9079 (U.S.), or 201-493-6746 (International) and reference “Antero Resources.” Â A telephone replay of the call will be available until Thursday, August 4, 2022 at 9:00 am MT at 877-660-6853 (U.S.) or 201-612-7415 (International) using the conference ID: 13726239. To access the live webcast and view the related earnings conference call presentation, visit Antero’s website at www.anteroresources.com.Â The webcast will be archived for replay until Thursday, August 4, 2022 at 9:00 am MT.
Over the last 12 months, AR stock rose by 154.08%. The one-year Antero Resources Corporation stock forecast points to a potential upside of 31.44. The average equity rating for AR stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $10.19 billion, with 314.08 million shares outstanding and 273.21 million shares in the current float. Compared to the average trading volume of 9.29M shares, AR stock reached a trading volume of 7582900 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $49.07 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 2.10. 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.
Truist have made an estimate for Antero Resources Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 05, 2022. While these analysts kept the previous recommendation, Goldman raised their target price from $21 to $24. The new note on the price target was released on January 21, 2022, representing the official price target for Antero Resources Corporation stock. Previously, the target price had yet another raise from $27 to $28, while BMO Capital Markets kept a Outperform rating on AR stock.
The Average True Range (ATR) for Antero Resources Corporation is set at 2.60, with the Price to Sales ratio for AR stock in the period of the last 12 months amounting to 2.42. The Price to Book ratio for the last quarter was 1.93. Price to Free Cash Flow for AR in the course of the last twelve months was 6.28 with Quick ratio for the last quarter at 0.30.
AR Stock Performance Analysis:
Antero Resources Corporation [AR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.24. With this latest performance, AR shares dropped by -13.63% in over the last four-week period, additionally plugging by 68.71% over the last 6 months – not to mention a rise of 154.08% 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 49.17, with the RSI for the last a single of trading hit 53.56, and the three-weeks RSI is set at 48.28 for Antero Resources Corporation [AR]. The present Moving Average for the last 50 days of trading for this stock 36.64, while it was recorded at 32.36 for the last single week of trading, and 26.18 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 +31.31 and a Gross Margin at +33.53. Antero Resources Corporation’s Net Margin is presently recorded at -2.85.
Return on Equity for this stock declined to -3.24, with Return on Assets sitting at -1.29.
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 $8,129 million, or 82.10% of AR stock, in the hands of institutional investors. The top three institutional holders of AR stocks are: FMR LLC with ownership of 33,438,595, which is approximately 17.242% of the company’s market cap and around 4.60% of the total institutional ownership; VANGUARD GROUP INC, holding 26,732,940 shares of the stock with an approximate value of $873.9 million in AR stocks shares; and BLACKROCK INC., currently with $694.72 million in AR stock with ownership of nearly -7.3% of the company’s market capitalization.
182 institutional holders increased their position in Antero Resources Corporation [NYSE:AR] by around 45,472,182 shares. Additionally, 166 investors decreased positions by around 36,052,604 shares, while 35 investors held positions by with 167,130,941 shares. The mentioned changes placed institutional holdings at 248,655,727 shares, according to the latest SEC report filing. AR stock had 89 new institutional investments in for a total of 14,371,829 shares, while 45 institutional investors sold positions of 11,993,569 shares during the same period.