In last trading session, Antero Resources Corporation (NYSE:AR) saw 5,751,958 shares changing hands with its beta currently measuring 4.89. Company’s recent per share price level of $9.52 trading at $0.05 or 0.53% at ring of the bell on the day assigns it a market valuation of $2.87 Billion. That closing price of AR’s stock is at a discount of -14.92% from its 52-week high price of $10.94 and is indicating a premium of 89.81% from its 52-week low price of $0.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.34 Million shares which gives us an average trading volume of 9.63 Million if we extend that period to 3-months.
For Antero Resources Corporation (AR), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.5. Splitting up the data highlights that, out of 17 analysts covering the stock, 1 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 10 suggested the stock as a Hold whereas 4 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.44 in the current quarter.
Antero Resources Corporation (NYSE:AR) trade information
Upright in the green during last session for gaining 0.53%, in the last five days AR remained trading in the green while hitting it’s week-highest on Wednesday, Apr 14 when the stock touched $9.90-3 price level, adding 3.84% to its value on the day. Antero Resources Corporation’s shares saw a change of 74.68% in year-to-date performance and have moved -0.73% in past 5-day. Antero Resources Corporation (NYSE:AR) showed a performance of -5.65% in past 30-days. Number of shares sold short was 29.44 Million shares which calculate 3.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $11.73 to the stock, which implies a rise of 23.21% to its current value. Analysts have been projecting $7.75 as a low price target for the stock while placing it at a high target of $16. It follows that stock’s current price would jump +68.07% in reaching the projected high whereas dropping to the targeted low would mean a loss of -18.59% for stock’s current value.
Antero Resources Corporation (AR) estimates and forecasts
Statistics highlight that Antero Resources Corporation is scoring comparatively lower than the scores of other players of the relevant industry. The company added +168.17% of value to its shares in past 6 months, showing an annual growth rate of -267.86% while that of industry is 12.5. Apart from that, the company came raising its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to increase by 438.5% in the current quarter and calculating 156.8% increase in the next quarter. This year revenue growth is estimated to rise 27.2% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.18 Billion for the same. And 8 analysts are in estimates of company making revenue of $1.08 Billion in the next quarter that will end on June 01, 2021. Company posted $1.32 Billion and $936.93 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -10.3% while estimating it to be 14.8% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -27.4% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -319.2% while estimates for its earnings growth in next 5 years are of 0%
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Antero Resources Corporation (NYSE:AR)’s Major holders
Insiders are in possession of 10.91% of company’s total shares while institution are holding 72.76% percent of that, with stock having share float percentage of 81.68%. Investors also watch the number of corporate investors in a company very closely, which is 300 institutions for Antero Resources Corporation that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at AR for having 22.47 Million shares of worth $122.48 Million. And as of December 30, 2020, it was holding 7.46% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 19.99 Million shares on December 30, 2020. The number of shares represents firm’s hold over 6.64% of outstanding shares, having a total worth of $108.96 Million.
On the other hand, SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of March 30, 2021, the former fund manager was holding 11076191 shares of worth $112.98 Million or 3.68% of the total outstanding shares. The later fund manager was in possession of 6.53 Million shares on December 30, 2020, making its stake of worth around $35.61 Million in the company or a holder of 2.17% of company’s stock.