Antero Resources Corp (AR) Given Average Rating of “Hold” by Analysts

Shares of Antero Resources Corp (NYSE:AR) have been assigned an average rating of “Hold” from the twenty-four ratings firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $26.06.

A number of equities analysts have weighed in on the stock. Stifel Nicolaus set a $21.00 price target on shares of Antero Resources and gave the company a “hold” rating in a report on Thursday, October 5th. Jefferies Group assumed coverage on shares of Antero Resources in a report on Monday, October 9th. They issued a “hold” rating and a $21.00 price target on the stock. BMO Capital Markets reiterated a “buy” rating on shares of Antero Resources in a report on Friday, September 22nd. Howard Weil lowered shares of Antero Resources from an “outperform” rating to a “sector perform” rating and set a $26.00 price target on the stock. in a report on Thursday, September 21st. Finally, Robert W. Baird set a $38.00 target price on shares of Antero Resources and gave the company a “buy” rating in a report on Thursday, October 12th.

Antero Resources (AR) opened at $19.54 on Tuesday. The firm has a market cap of $6,170.00, a price-to-earnings ratio of -17.14, a price-to-earnings-growth ratio of 2.07 and a beta of 0.94. Antero Resources has a 1-year low of $17.59 and a 1-year high of $26.60. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.54.

Antero Resources (NYSE:AR) last announced its quarterly earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by ($0.01). The company had revenue of $775.30 million during the quarter, compared to analyst estimates of $798.88 million. Antero Resources had a negative net margin of 12.82% and a positive return on equity of 0.78%. During the same quarter last year, the business earned $0.18 EPS. equities research analysts expect that Antero Resources will post -0.14 earnings per share for the current year.

In other news, insider Kevin J. Kilstrom sold 82,760 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $19.99, for a total value of $1,654,372.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider K. Phil Yoo sold 10,865 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $19.25, for a total transaction of $209,151.25. The disclosure for this sale can be found here. Insiders own 9.20% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in AR. Janus Henderson Group PLC increased its position in shares of Antero Resources by 15,715.7% in the 2nd quarter. Janus Henderson Group PLC now owns 2,916,259 shares of the oil and natural gas company’s stock worth $63,020,000 after purchasing an additional 2,897,820 shares during the last quarter. Baupost Group LLC MA increased its position in shares of Antero Resources by 12.9% in the 3rd quarter. Baupost Group LLC MA now owns 23,912,257 shares of the oil and natural gas company’s stock worth $475,854,000 after purchasing an additional 2,741,261 shares during the last quarter. BlackRock Inc. increased its position in shares of Antero Resources by 18.7% in the 2nd quarter. BlackRock Inc. now owns 10,146,431 shares of the oil and natural gas company’s stock worth $219,264,000 after purchasing an additional 1,595,558 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Antero Resources by 60.6% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,325,460 shares of the oil and natural gas company’s stock worth $66,176,000 after purchasing an additional 1,254,460 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Antero Resources by 6.5% in the 2nd quarter. Vanguard Group Inc. now owns 17,760,019 shares of the oil and natural gas company’s stock worth $383,794,000 after purchasing an additional 1,091,065 shares during the last quarter. 96.99% of the stock is owned by institutional investors.

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Antero Resources Company Profile

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Analyst Recommendations for Antero Resources (NYSE:AR)

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