On Tuesday, Antero Resources Corp (NYSE: AR) opened lower -0.42% from the last session, before settling in for the closing price of $33.23. Price fluctuations for AR have ranged from $20.10 to $36.28 over the past 52 weeks.
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During the last 5-year period, the sales growth of Energy Sector giant was 19.49%. Company’s average yearly earnings per share was noted -88.65% at the time writing. With a float of $288.04 million, this company’s outstanding shares have now reached $303.54 million.
Let’s determine the extent of company efficiency that accounts for 604 employees. 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 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 Corp is 7.43%, while institutional ownership is 83.57%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.23 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.21) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -88.65% per share during the next fiscal year.
Antero Resources Corp (NYSE: AR) Trading Performance Indicators
Check out the current performance indicators for Antero Resources Corp (AR). In the past quarter, the stock posted a quick ratio of 0.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 13.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 2.33 in one year’s time.
Technical Analysis of Antero Resources Corp (AR)
Looking closely at Antero Resources Corp (NYSE: AR), its last 5-days average volume was 4.81 million, which is a jump from its year-to-date volume of 4.1 million. As of the previous 9 days, the stock’s Stochastic %D was 66.79%. Additionally, its Average True Range was 1.10.
During the past 100 days, Antero Resources Corp’s (AR) raw stochastic average was set at 84.58%, which indicates a significant increase from 75.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.07% in the past 14 days, which was higher than the 41.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.95, while its 200-day Moving Average is $29.49. However, in the short run, Antero Resources Corp’s stock first resistance to watch stands at $33.45. Second resistance stands at $33.80. The third major resistance level sits at $34.12. If the price goes on to break the first support level at $32.78, it is likely to go to the next support level at $32.46. Should the price break the second support level, the third support level stands at $32.11.
Antero Resources Corp (NYSE: AR) Key Stats
There are currently 311,164K shares outstanding in the company with a market cap of 10.30 billion. Presently, the company’s annual sales total 4,682 M according to its annual income of 242,920 K. Last quarter, the company’s sales amounted to 1,056 M and its income totaled -20,440 K.
