Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
After finishing at $40.15 in the prior trading day, Antero Resources Corp (NYSE: AR) closed at $36.35, down -9.46%. In other words, the price has decreased by -$9.46 from its previous closing price. On the day, 10.97 million shares were traded. AR stock price reached its highest trading level at $38.58 during the session, while it also had its lowest trading level at $36.14.
Ratios:
Our goal is to gain a better understanding of AR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.28 and its Current Ratio is at 0.28. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.54.
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 December 17, 2024, Upgraded its rating to Equal Weight and sets its target price to $32 from $24 previously.
On October 28, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $36.
On October 16, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $33.UBS initiated its Neutral rating on October 16, 2024, with a $33 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 11310811136. As of this moment, Antero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 252.96, and their Forward P/E ratio for the next fiscal year is 12.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.63 while its Price-to-Book (P/B) ratio in mrq is 1.62.
Stock Price History:
The Beta on a monthly basis for AR is 3.34, which has changed by 0.7509812 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, AR has reached a high of $41.53, while it has fallen to a 52-week low of $20.56. The 50-Day Moving Average of the stock is 6.28%, while the 200-Day Moving Average is calculated to be 16.86%.
Shares Statistics:
The stock has traded on average 4.15M shares per day over the past 3-months and 5309700 shares per day over the last 10 days, according to various share statistics. A total of 311.03M shares are outstanding, with a floating share count of 288.04M. Insiders hold about 7.43% of the company’s shares, while institutions hold 83.60% stake in the company. Shares short for AR as of 1735603200 were 8298975 with a Short Ratio of 2.00, compared to 1732838400 on 9677666. Therefore, it implies a Short% of Shares Outstanding of 8298975 and a Short% of Float of 3.4000000000000004.
