In the last trading session, 5.84 million shares of the Antero Resources Corp (NYSE:AR) were traded, and its beta was 3.32. Most recently the company’s share price was $31.02, and it changed around $0.65 or 2.14% from the last close, which brings the market valuation of the company to $9.42B. AR currently trades at a discount to its 52-week high of $30.90, offering almost 0.39% off that amount. The share price’s 52-week low was $19.91, which indicates that the current value has risen by an impressive 35.82% since then. We note from Antero Resources Corp’s average daily trading volume that its 3-month average coming to 4.59 million.
Antero Resources Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.09. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 6 rate it as Overweight. Among the rest, 12 recommended AR as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Antero Resources Corp is expected to report earnings per share of $0.03 for the current quarter.
Antero Resources Corp (NYSE:AR) trade information
Instantly AR has showed a green trend with a performance of 2.14% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 36.77% year-to-date, but still up 6.52% over the last five days. On the other hand, Antero Resources Corp (NYSE:AR) is 14.93% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $38.79, which translates to bulls needing to increase their stock price by 20.03% from its current value. Analyst projections state that AR is forecast to be at a low of $18.5 and a high of $65.
Antero Resources Corp (AR) estimates and forecasts
Antero Resources Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 10.90 percent over the past six months and at a -21.57% annual growth rate that is well below the industry average of -2.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -94.00% in revenue this quarter, and will report an increase of 60.70% in the next quarter. The year-over-year growth rate is expected to be -6.80%, down from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of $1.06 billion in revenue for the current quarter. 9 analysts expect Antero Resources Corp to make $987.23 million in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $1.41 billion and $953.3 million respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -25.10%. Forecasts for the next quarter put sales growth at 3.60%.
AR Dividends
Antero Resources Corp’s next quarterly earnings report is expected to be released in May.
