Antero Midstream Corp (NYSE: AM) kicked off on Tuesday, up 0.19% from the previous trading day, before settling in for the closing price of $15.48. Over the past 52 weeks, AM has traded in a range of $11.58-$15.87.
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During the last 5-year period, the sales growth of Energy Sector giant was 5.72%. While this was happening, its average annual earnings per share was recorded 7.46%. With a float of $336.48 million, this company’s outstanding shares have now reached $479.71 million.
Let’s determine the extent of company efficiency that accounts for 604 employees. In terms of profitability, gross margin is 62.97%, operating margin of 55.57%, and the pretax margin is 45.6%.
Antero Midstream Corp (AM) Insider Activity
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 30.09%, while institutional ownership is 55.87%. The most recent insider transaction that took place on Nov 05 ’24, was worth 146,600. In this transaction Director of this company sold 10,000 shares at a rate of $14.66, taking the stock ownership to the 74,100 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director proposed sale 10,000 for $14.66, making the entire transaction worth $146,552.
Antero Midstream Corp (AM) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 7.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% 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 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.49. Likewise, its price to free cash flow for the trailing twelve months is 11.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.80, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.00 in one year’s time.
Technical Analysis of Antero Midstream Corp (AM)
Looking closely at Antero Midstream Corp (NYSE: AM), its last 5-days average volume was 2.41 million, which is a drop from its year-to-date volume of 2.67 million. As of the previous 9 days, the stock’s Stochastic %D was 68.42%. Additionally, its Average True Range was 0.31.
During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 86.91%, which indicates a significant increase from 83.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.39% in the past 14 days, which was higher than the 22.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.12, while its 200-day Moving Average is $14.35. However, in the short run, Antero Midstream Corp’s stock first resistance to watch stands at $15.62. Second resistance stands at $15.72. The third major resistance level sits at $15.86. If the price goes on to break the first support level at $15.38, it is likely to go to the next support level at $15.24. Should the price break the second support level, the third support level stands at $15.14.
Antero Midstream Corp (NYSE: AM) Key Stats
The company with the Market Capitalisation of 7.47 billion has total of 481,324K 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 269,870 K and last quarter income was 99,740 K.
