A new trading day began on Monday, with Antero Midstream Corp (NYSE: AM) stock price down -0.14% from the previous day of trading, before settling in for the closing price of $14.79. AM’s price has ranged from $11.50 to $15.21 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 5.72% over the last five years. Meanwhile, its annual earnings per share averaged 9.81%. With a float of $336.51 million, this company’s outstanding shares have now reached $479.71 million.
The firm has a total of 604 workers. Let’s measure their productivity. In terms of profitability, gross margin is 62.91%, operating margin of 55.85%, and the pretax margin is 45.53%.
Antero Midstream Corp (AM) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of Antero Midstream Corp is 30.08%, while institutional ownership is 55.50%. The most recent insider transaction that took place on Aug 21 ’24, was worth 343,128. In this transaction an insider of this company sold 23,518 shares at a rate of $14.59, taking the stock ownership to the 130,349 shares. Before that another transaction happened on Mar 13 ’24, when Company’s See Remarks sold 16,394 for $13.67, making the entire transaction worth $224,106. This insider now owns 170,266 shares in total.
Antero Midstream Corp (AM) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.2 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.50% during the next five years compared to 18.48% growth over the previous five years of trading.
Antero Midstream Corp (NYSE: AM) Trading Performance Indicators
Here are Antero Midstream Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.22. Likewise, its price to free cash flow for the trailing twelve months is 10.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.22 in the next quarter and is forecasted to reach 1.01 in one year’s time.
Technical Analysis of Antero Midstream Corp (AM)
Analysing the last 5-days average volume posted by the [Antero Midstream Corp, AM], we can find that recorded value of 2.49 million was lower than the volume posted last year of 2.64 million. As of the previous 9 days, the stock’s Stochastic %D was 85.33%. Additionally, its Average True Range was 0.30.
During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 78.95%, which indicates a significant decrease from 80.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.44% in the past 14 days, which was lower than the 18.92% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.51, while its 200-day Moving Average is $13.62. Now, the first resistance to watch is $14.95. This is followed by the second major resistance level at $15.12. The third major resistance level sits at $15.23. If the price goes on to break the first support level at $14.66, it is likely to go to the next support level at $14.55. Now, if the price goes above the second support level, the third support stands at $14.38.
Antero Midstream Corp (NYSE: AM) Key Stats
With a market capitalization of 7.11 billion, the company has a total of 481,241K Shares Outstanding. Currently, annual sales are 1,042 M while annual income is 371,790 K. The company’s previous quarter sales were 269,800 K while its latest quarter income was 86,040 K.
