Antero Midstream Corp [NYSE: AM] slipped around -0.02 points on Wednesday, while shares priced at $14.26 at the close of the session, down -0.14%.
Compared to the average trading volume of 2.80M shares, AM reached a trading volume of 4328468 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Antero Midstream Corp [AM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AM shares is $14.34 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 3.11. 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.
Tudor Pickering Holt & Co. have made an estimate for Antero Midstream Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 12, 2024. While these analysts kept the previous recommendation, Goldman raised their target price to Neutral. The new note on the price target was released on October 06, 2023, representing the official price target for Antero Midstream Corp stock.
The Average True Range (ATR) for Antero Midstream Corp is set at 0.24, with the Price to Sales ratio for AM stock in the period of the last 12 months amounting to 6.06. The Price to Book ratio for the last quarter was 3.19, with the Price to Cash per share for the same quarter was set at 0.05. Price to Free Cash Flow for AM in the course of the last twelve months was 10.88 with Quick ratio for the last quarter at 1.25.
How has AM stock performed recently?
Antero Midstream Corp [AM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.16. With this latest performance, AM shares gained by 0.49% in over the last four-week period, additionally plugging by 10.80% over the last 6 months – not to mention a rise of 37.78% 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 59.36, with the RSI for the last a single of trading hit 61.02, and the three-weeks RSI is set at 59.07 for Antero Midstream Corp [AM]. The present Moving Average for the last 50 days of trading for this stock 13.86, while it was recorded at 14.17 for the last single week of trading, and 12.69 for the last 200 days.
Antero Midstream Corp [AM]: Deeper insight into the fundamentals
Antero Midstream Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.25 and a Current Ratio set at 1.25.
Earnings analysis for Antero Midstream Corp [AM]
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 Corp go to 10.50%.
Insider trade positions for Antero Midstream Corp [AM]
The top three institutional holders of AM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in AM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in AM stock with ownership which is approximately 5.8386%.
