Equities research analysts expect Antero Resources Corp (NYSE:AR) to post earnings of $0.37 per share for the current quarter, according to Zacks Investment Research. Six analysts have made estimates for Antero Resources’ earnings, with estimates ranging from $0.16 to $0.59. Antero Resources reported earnings per share of $0.18 in the same quarter last year, which would suggest a positive year-over-year growth rate of 105.6%. The firm is scheduled to issue its next earnings results on Monday, May 14th.
According to Zacks, analysts expect that Antero Resources will report full year earnings of $1.37 per share for the current financial year, with EPS estimates ranging from $0.66 to $2.39. For the next year, analysts expect that the business will report earnings of $1.73 per share, with EPS estimates ranging from $0.58 to $2.88. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Antero Resources.
AR has been the subject of a number of recent research reports. Robert W. Baird reiterated a “buy” rating and issued a $28.00 price objective on shares of Antero Resources in a report on Wednesday, January 17th. Zacks Investment Research upgraded shares of Antero Resources from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Tuesday, January 16th. KeyCorp set a $29.00 price objective on shares of Antero Resources and gave the company a “buy” rating in a report on Sunday, January 21st. BMO Capital Markets reiterated a “buy” rating on shares of Antero Resources in a report on Wednesday, January 24th. Finally, Morgan Stanley restated an “equal weight” rating on shares of Antero Resources in a report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $24.47.
Shares of Antero Resources (NYSE AR) opened at $20.24 on Friday. The company has a market cap of $6,410.00, a PE ratio of 6.15, a price-to-earnings-growth ratio of 1.09 and a beta of 0.90. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.54. Antero Resources has a 1-year low of $16.31 and a 1-year high of $24.31.
In other Antero Resources news, insider K. Phil Yoo sold 2,500 shares of Antero Resources stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $20.00, for a total value of $50,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 9.20% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Twin Tree Management LP acquired a new position in shares of Antero Resources during the fourth quarter worth about $143,000. Toronto Dominion Bank boosted its holdings in Antero Resources by 244.3% during the third quarter. Toronto Dominion Bank now owns 9,326 shares of the oil and natural gas company’s stock worth $186,000 after buying an additional 6,617 shares in the last quarter. James Hambro & Partners purchased a new stake in Antero Resources during the fourth quarter worth about $190,000. SG Americas Securities LLC purchased a new stake in Antero Resources during the fourth quarter worth about $191,000. Finally, The Manufacturers Life Insurance Company boosted its holdings in Antero Resources by 8.1% during the second quarter. The Manufacturers Life Insurance Company now owns 11,442 shares of the oil and natural gas company’s stock worth $247,000 after buying an additional 855 shares in the last quarter. Institutional investors own 94.31% of the company’s stock.
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About Antero Resources
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.
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