Antero Resources Corp (AR)’s Market Momentum: Closing Strong at 30.26, Up 3.52

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As of close of business last night, Antero Resources Corp’s stock clocked out at $30.26, up 3.52% from its previous closing price of $29.23. In other words, the price has increased by $3.52 from its previous closing price. On the day, 4.65 million shares were traded. AR stock price reached its highest trading level at $30.3453 during the session, while it also had its lowest trading level at $29.06.

Ratios:

To gain a deeper understanding of AR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.29. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.55.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on October 01, 2024, Downgraded its rating to Underweight and sets its target price to $25 from $34 previously.

On September 17, 2024, Citigroup started tracking the stock assigning a Neutral rating and target price of $29.

Wolfe Research Upgraded its Peer Perform to Outperform on September 11, 2024, while the target price for the stock was maintained at $37.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 05 ’24 when Schultz Yvette K sold 50,000 shares for $25.24 per share. The transaction valued at 1,262,000 led to the insider holds 248,363 shares of the business.

Yvette Schultz bought 50,000 shares of AR for $1,261,813 on Aug 05 ’24. On May 20 ’24, another insider, Pearce Sheri, who serves as the insider of the company, sold 16,377 shares for $35.50 each. As a result, the insider received 581,384 and left with 77,460 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AR now has a Market Capitalization of 9411072000. As of this moment, Antero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 112.99, and their Forward P/E ratio for the next fiscal year is 12.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.35.

Stock Price History:

Over the past 52 weeks, AR has reached a high of $36.28, while it has fallen to a 52-week low of $20.10. The 50-Day Moving Average of the stock is 10.81%, while the 200-Day Moving Average is calculated to be 7.47%.

Shares Statistics:

It appears that AR traded 3.62M shares on average per day over the past three months and 4624220 shares per day over the past ten days. A total of 303.54M shares are outstanding, with a floating share count of 287.51M. Insiders hold about 7.55% of the company’s shares, while institutions hold 84.00% stake in the company. Shares short for AR as of 1726185600 were 8525796 with a Short Ratio of 2.36, compared to 1723680000 on 8127782. Therefore, it implies a Short% of Shares Outstanding of 8525796 and a Short% of Float of 3.5000000000000004.

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