A major move is in the offing as Antero Midstream Corp (AM) market cap hits 7.29 billion

On Monday, Antero Midstream Corp (NYSE: AM) opened higher 0.26% from the last session, before settling in for the closing price of $15.11. Price fluctuations for AM have ranged from $11.58 to $16.00 over the past 52 weeks.

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During the last 5-year period, the sales growth of Energy Sector giant was 5.72%. Company’s average yearly earnings per share was noted 7.44% at the time writing. With a float of $336.53 million, this company’s outstanding shares have now reached $481.30 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

A key investor’s attitude towards the stock of the Oil & Gas Midstream industry is another important factor to consider. The insider ownership of Antero Midstream Corp is 30.08%, while institutional ownership is 55.70%. The most recent insider transaction that took place on Dec 13 ’24, was worth 17,739. In this transaction Director of this company bought 1,174 shares at a rate of $15.11, taking the stock ownership to the 68,320 shares. Before that another transaction happened on Nov 05 ’24, when Company’s Director sold 10,000 for $14.66, making the entire transaction worth $146,600. This insider now owns 74,100 shares in total.

Antero Midstream Corp (AM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 7.44% 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

Check out the current performance indicators for Antero Midstream Corp (AM). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.34. Likewise, its price to free cash flow for the trailing twelve months is 11.54.

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 0.97 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 1.7 million, which is a drop from its year-to-date volume of 2.68 million. As of the previous 9 days, the stock’s Stochastic %D was 84.10%. Additionally, its Average True Range was 0.32.

During the past 100 days, Antero Midstream Corp’s (AM) raw stochastic average was set at 61.80%, which indicates a significant decrease from 85.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.40% 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 $15.16, while its 200-day Moving Average is $14.67. However, in the short run, Antero Midstream Corp’s stock first resistance to watch stands at $15.29. Second resistance stands at $15.44. The third major resistance level sits at $15.60. If the price goes on to break the first support level at $14.98, it is likely to go to the next support level at $14.82. Should the price break the second support level, the third support level stands at $14.67.

Antero Midstream Corp (NYSE: AM) Key Stats

There are currently 481,324K shares outstanding in the company with a market cap of 7.29 billion. Presently, the company’s annual sales total 1,042 M according to its annual income of 371,790 K. Last quarter, the company’s sales amounted to 269,870 K and its income totaled 99,740 K.