Antero Resources Corporation [AR] stock is down -2.45 while the S&P 500 has fallen -0.16% on Thursday, 11/19/20. While at the time of this article, AR ATR is sitting at 0.30, with the beta value at 4.60. This stock’s volatility for the past week remained at 9.25%, while it was 8.12% for the past 30-day period. AR has fallen -$0.1 from the previous closing price of $4.08 on volume of 3.82 million shares.
On 29, October 2020, Antero Resources Issues Notice of Redemption for its 5.375% Senior Notes Due 2021. According to news published on Yahoo Finance, Antero Resources Corporation (NYSE: AR) (“Antero Resources” or the “Company”) today announced that it has issued a notice to the holders of its 5.375% senior notes due 2021 (the “2021 Notes”) that the Company intends to redeem all of the 2021 Notes outstanding on November 30, 2020 at par, plus accrued and unpaid interest to the redemption date (the “Note Redemption”). The Company expects to utilize a combination of proceeds from its asset sales program, cash flow from operations and available borrowings under its revolving credit facility to fund the Note Redemption.
Analyst Birdseye View:
The most recent analyst activity for Antero Resources Corporation [NYSE:AR] stock was on September 24, 2020, when it was Upgrade with an Outperform rating from Northland Capital, which also raised its 12-month price target on the stock to $6.90. On September 14, 2020, Northland Capital Initiated a Market perform rating. On September 11, 2020, MKM Partners Upgrade a Buy rating. On July 15, 2020, MKM Partners Upgrade a Neutral rating and increased its price target to $3. On March 31, 2020, Stifel Downgrade a Hold rating and boosted its amount target on this stock to $1. On March 13, 2020, TD Securities Downgrade a Hold rating and boosted its target amount on this stock to $1.30. MKM Partners elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $0.64 and a peak of $4.64. Right now, according to Wall Street analyst the average 12-month amount target is $4.63. At the most recent market close, shares of Antero Resources Corporation [NYSE:AR] were valued at $3.98. According to the average price forecast, investors can expect a potential return of -9.44%.
Antero Resources Corporation [NYSE:AR] most recently reported quarterly sales of 661.34 billion, which represented growth of -66.00%. This publicly-traded organization’s revenue is $7,211,550 per employee, while its income is -$621,808 per employee. This company’s Gross Margin is currently 51.60%, its Operating Margin is -61.10%, its Pretax Margin is -9.31, and its Net Margin is -8.62. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -2.12, -4.65, -0.88 and -2.57 respectively.
If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 48.81 and the whole liability to whole assets at 41.79. It shows enduring liability to the whole principal at 46.57 and enduring liability to assets at 0.40 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 3.85 points at 1st support level, the second support level is making up to 3.62. But as of 1st resistance point, this stock is sitting at 4.22 and at 4.36 for 2nd resistance point.
Antero Resources Corporation [AR] reported its earnings at $0.05 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.09/share signifying the difference of 0.14 and 155.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were -$0.37 calling estimates for -$0.16/share with the difference of -0.21 depicting the surprise of -131.20%.
Important Ratio’s To Watch
Meanwhile, turning our focus to liquidity, the Current Ratio for Antero Resources Corporation [NYSE:AR] is 0.50. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.22 and it’s amount to book ratio is 0.12.
The most recent insider trade was by Kennedy Michael N., See Remarks, and it was the sale of 0.14 million shares on Dec 30.