On May 19, 2023, Antero Resources Corporation (NYSE: AR) opened at $24.18, lower -0.04% from the last session. During the day, the shares moved up to $24.59 and dropped to $23.45 before settling in for the closing price of $23.71. Price fluctuations for AR have ranged from $20.06 to $48.80 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 14.30%. Company’s average yearly earnings per share was noted -71.20% at the time writing. With a float of $263.99 million, this company’s outstanding shares have now reached $296.76 million.
Considering the fact that the conglomerate employs 599 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +51.84, operating margin of +49.86, and the pretax margin is +28.27.
Antero Resources Corporation (AR) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Antero Resources Corporation is 4.80%, while institutional ownership is 79.90%. The most recent insider transaction that took place on May 05, was worth 3,160,500. In this transaction the insider of this company sold 150,000 shares at a rate of $21.07, taking the stock ownership to the 941,832 shares. Before that another transaction happened on Dec 07, when Company’s Director sold 779,755 for $31.34, making the entire transaction worth $24,435,884. This insider now owns 4,000,000 shares in total.
Antero Resources Corporation (AR) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/30/2023, the company posted $0.5 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.54) by -$0.04. This company achieved a net margin of +21.69 while generating a return on equity of 30.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -71.20% per share during the next fiscal year.
Antero Resources Corporation (NYSE: AR) Trading Performance Indicators
Check out the current performance indicators for Antero Resources Corporation (AR). In the past quarter, the stock posted a quick ratio of 0.30. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 4.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.01, a number that is poised to hit 0.06 in the next quarter and is forecasted to reach 3.32 in one year’s time.
Technical Analysis of Antero Resources Corporation (AR)
Compared to the last year’s volume of 5.87 million, its volume of 7.24 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.96%. Additionally, its Average True Range was 0.99.
During the past 100 days, Antero Resources Corporation’s (AR) raw stochastic average was set at 25.37%, which indicates a significant decrease from 80.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.35% in the past 14 days, which was higher than the 50.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.48, while its 200-day Moving Average is $30.69. Nevertheless, the first resistance level for the watch stands at $24.38 in the near term. At $25.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.52. If the price goes on to break the first support level at $23.24, it is likely to go to the next support level at $22.77. Should the price break the second support level, the third support level stands at $22.10.
Antero Resources Corporation (NYSE: AR) Key Stats
There are currently 300,135K shares outstanding in the company with a market cap of 7.12 billion. Presently, the company’s annual sales total 7,138 M according to its annual income of 1,899 M. Last quarter, the company’s sales amounted to 1,408 M and its income totaled 213,430 K.
