Antero Resources Co. (NYSE:AR – Free Report) – Investment analysts at Capital One Financial increased their Q4 2024 earnings per share estimates for Antero Resources in a research report issued to clients and investors on Tuesday, January 21st. Capital One Financial analyst B. Velie now forecasts that the oil and natural gas company will earn $0.25 per share for the quarter, up from their prior forecast of $0.20. The consensus estimate for Antero Resources’ current full-year earnings is ($0.12) per share. Capital One Financial also issued estimates for Antero Resources’ Q1 2025 earnings at $0.62 EPS, Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.70 EPS, Q4 2025 earnings at $0.73 EPS and FY2025 earnings at $2.72 EPS.
Several other analysts also recently issued reports on the stock. Citigroup raised their price objective on shares of Antero Resources from $29.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Raymond James upped their price objective on Antero Resources from $44.00 to $60.00 and gave the company a “strong-buy” rating in a research report on Thursday. Bank of America initiated coverage on Antero Resources in a research report on Monday, October 28th. They set a “buy” rating and a $36.00 target price for the company. Mizuho upped their price target on shares of Antero Resources from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, December 16th. Finally, Wells Fargo & Company raised shares of Antero Resources from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $24.00 to $32.00 in a research report on Tuesday, December 17th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $38.63.
Antero Resources Stock Performance
NYSE:AR opened at $40.50 on Wednesday. Antero Resources has a fifty-two week low of $20.56 and a fifty-two week high of $41.53. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.28 and a current ratio of 0.28. The stock’s fifty day moving average is $34.40 and its 200 day moving average is $30.32. The firm has a market capitalization of $12.60 billion, a PE ratio of 289.31 and a beta of 3.37.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the company. Pinnacle Bancorp Inc. purchased a new stake in Antero Resources in the 4th quarter worth approximately $28,000. UMB Bank n.a. grew its position in Antero Resources by 357.3% during the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company’s stock valued at $25,000 after buying an additional 686 shares during the period. True Wealth Design LLC purchased a new position in Antero Resources in the third quarter valued at $30,000. Capital Performance Advisors LLP purchased a new stake in shares of Antero Resources during the 3rd quarter worth about $45,000. Finally, Mattson Financial Services LLC acquired a new stake in shares of Antero Resources during the 2nd quarter valued at about $64,000. 83.04% of the stock is currently owned by hedge funds and other institutional investors.
Antero Resources Company Profile
Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.
Featured Articles
- Five stocks we like better than Antero Resources
- How to Capture the Benefits of Dividend Increases
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- What is a Low P/E Ratio and What Does it Tell Investors?
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Receive News & Ratings for Antero Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Resources and related companies with MarketBeat.com's FREE daily email newsletter.