Antero Midstream Corp (NYSE: AM) kicked off on Tuesday, down -2.08% from the previous trading day, before settling in for the closing price of $14.87. Over the past 52 weeks, AM has traded in a range of $11.50-$15.21.
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It was noted that within the last five years, the titan of the Energy sector saw sales topped by 5.72%. While this was happening, its average annual earnings per share was recorded 9.81%. With a float of $336.51 million, this company’s outstanding shares have now reached $479.71 million.
The extent of productivity of a business whose workforce counts for 604 workers is very important to gauge. 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) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas Midstream Industry. The insider ownership of Antero Midstream Corp is 30.08%, while institutional ownership is 55.47%. 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 insider 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) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.2 earnings per share (EPS), lower than consensus estimate (set at 0.21) by -0.01. 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
Take a look at Antero Midstream Corp’s (AM) current performance indicators. Last quarter, 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 6.13. Likewise, its price to free cash flow for the trailing twelve months is 10.63.
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)
The latest stats from [Antero Midstream Corp, AM] show that its last 5-days average volume of 2.18 million was inferior to 2.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 54.26%. Additionally, its Average True Range was 0.29.
During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 68.90%, which indicates a significant increase from 55.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.99% in the past 14 days, which was lower than the 19.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.53, while its 200-day Moving Average is $13.68. Now, the first resistance to watch is $14.72. This is followed by the second major resistance level at $14.88. The third major resistance level sits at $15.01. If the price goes on to break the first support level at $14.43, it is likely to go to the next support level at $14.30. Assuming the price breaks the second support level, the third support level stands at $14.14.
Antero Midstream Corp (NYSE: AM) Key Stats
The company with the Market Capitalisation of 7.01 billion has total of 481,241K Shares Outstanding. Its annual sales at the moment are 1,042 M in contrast with the sum of 371,790 K annual income. Company’s last quarter sales were recorded 269,800 K and last quarter income was 86,040 K.
