Antero Resources Corp (NYSE: AR) kicked off on Friday, down -1.31% from the previous trading day, before settling in for the closing price of $25.88. Over the past 52 weeks, AR has traded in a range of $20.10-$36.28.
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A company in the Energy sector has jumped its sales by 19.49% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -80.51%. With a float of $288.04 million, this company’s outstanding shares have now reached $303.54 million.
In an organization with 604 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 30.24%, operating margin of 3.38%, and the pretax margin is 2.85%.
Antero Resources Corp (AR) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Oil & Gas E&P Industry. The insider ownership of Antero Resources Corp is 7.43%, while institutional ownership is 84.18%. The most recent insider transaction that took place on Aug 05 ’24, was worth 1,262,000. In this transaction an insider of this company sold 50,000 shares at a rate of $25.24, taking the stock ownership to the 248,363 shares. Before that another transaction happened on Aug 05 ’24, when Company’s Officer proposed sale 50,000 for $25.24, making the entire transaction worth $1,261,813.
Antero Resources Corp (AR) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.23 earnings per share (EPS), higher than consensus estimate (set at 0.21) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -80.51% per share during the next fiscal year.
Antero Resources Corp (NYSE: AR) Trading Performance Indicators
Take a look at Antero Resources Corp’s (AR) current performance indicators. Last quarter, stock had a quick ratio of 0.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.82. Likewise, its price to free cash flow for the trailing twelve months is 9.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 2.17 in one year’s time.
Technical Analysis of Antero Resources Corp (AR)
Let’s dig in a bit further. During the last 5-days, its volume was 5.21 million. That was better than the volume of 4.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 32.38%. Additionally, its Average True Range was 0.96.
During the past 100 days, Antero Resources Corp’s (AR) raw stochastic average was set at 8.95%, which indicates a significant increase from 5.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.74% in the past 14 days, which was higher than the 37.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.38, while its 200-day Moving Average is $28.73. However, in the short run, Antero Resources Corp’s stock first resistance to watch stands at $26.29. Second resistance stands at $27.04. The third major resistance level sits at $27.51. If the price goes on to break the first support level at $25.08, it is likely to go to the next support level at $24.61. Assuming the price breaks the second support level, the third support level stands at $23.86.
Antero Resources Corp (NYSE: AR) Key Stats
The company with the Market Capitalisation of 7.84 billion has total of 311,164K Shares Outstanding. Its annual sales at the moment are 4,682 M in contrast with the sum of 242,920 K annual income. Company’s last quarter sales were recorded 978,650 K and last quarter income was -65,660 K.
