Antero Resources Corp (NYSE: AR): Think Like A Lender, Not An Investor

Antero Resources Corp (NYSE:AR) currently has a daily average trading volume of 3.57M but it saw 2425705 shares traded in last market. With a market cap of 8.38B USD, the company’s current market price of $26.94 came rising about 1.43 while comparing to the previous closing price of $26.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.28 and as low as $20.10. In the recent trading on the day, stock has struck highest price mark of $26.34 while lowest mark touched by it was $26.95.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which initiated the stock as “Neutral” in its note to investors issued on October 16, 2024, recommending a price target of $33 for it. Wells Fargo downgraded its recommendation for the stock as a “Underweight” from “Overweight” on October 01, 2024 while assigning a price target range of $34-$25. Citigroup also issued its recommendations for the stock as it initiated the price target for the stock is $29.

Over the week, AR’s stock price is moving -1.10% down while it is -5.07% when we observe its performance for the past one month. Year-to-date it is 18.78% up and over the past year, the stock is showing a downside performance of -3.30%.

Currently, Antero Resources Corp’s total number of outstanding shares is 303.54M. Company’s return on investment (ROI) stands at 0.77% and return on equity (ROE) at 1.21%. It has a price to earnings ratio (P/E ratio) of 100.60 while having a 11.73 of forward P/E ratio. Stock’s beta reads 3.36. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 1.91. Its return on asset (ROA) is 0.61% on average.