Antero Resources Corporation (NYSE:AR) – Analysts at Capital One Financial Corporation reduced their FY2017 EPS estimates for Antero Resources Corporation in a research note issued to investors on Thursday. Capital One Financial Corporation analyst B. Velie now anticipates that the oil and natural gas company will post earnings of $0.25 per share for the year, down from their prior forecast of $0.29. Capital One Financial Corporation currently has a “Overweight” rating on the stock.

A number of other research analysts also recently commented on AR. Scotiabank set a $27.00 target price on shares of Antero Resources Corporation and gave the company a “buy” rating in a research report on Saturday, July 1st. BMO Capital Markets set a $24.00 target price on shares of Antero Resources Corporation and gave the company a “buy” rating in a research report on Thursday, August 10th. KeyCorp reaffirmed a “buy” rating and issued a $33.00 target price on shares of Antero Resources Corporation in a research report on Sunday, September 3rd. Barclays PLC dropped their target price on shares of Antero Resources Corporation from $25.00 to $23.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 8th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $38.00 target price on shares of Antero Resources Corporation in a research report on Sunday. One investment analyst has rated the stock with a sell rating, nine have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. Antero Resources Corporation has a consensus rating of “Buy” and a consensus price target of $29.82.

COPYRIGHT VIOLATION WARNING: This news story was originally published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of United States & international trademark and copyright law. The legal version of this news story can be viewed at https://www.americanbankingnews.com/2017/09/11/research-analysts-issue-forecasts-for-antero-resources-corporations-fy2017-earnings-ar.html.

Shares of Antero Resources Corporation (NYSE:AR) opened at 19.24 on Monday. Antero Resources Corporation has a 1-year low of $18.23 and a 1-year high of $28.30. The firm has a market capitalization of $6.07 billion, a P/E ratio of 447.44 and a beta of 0.95. The stock’s 50 day moving average is $19.63 and its 200 day moving average is $21.47.

Antero Resources Corporation (NYSE:AR) last posted its quarterly earnings data on Wednesday, August 2nd. The oil and natural gas company reported ($0.04) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.01. Antero Resources Corporation had a return on equity of 1.44% and a net margin of 0.48%. The company had revenue of $736 million for the quarter, compared to analyst estimates of $778.55 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The company’s quarterly revenue was up 1.1% on a year-over-year basis.

Hedge funds have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. lifted its stake in shares of Antero Resources Corporation by 29.4% in the 1st quarter. Daiwa Securities Group Inc. now owns 4,400 shares of the oil and natural gas company’s stock worth $100,000 after acquiring an additional 1,000 shares during the period. First Quadrant L P CA purchased a new position in shares of Antero Resources Corporation in the 1st quarter valued at about $141,000. OLD Mutual Customised Solutions Proprietary Ltd. increased its holdings in shares of Antero Resources Corporation by 268.2% in the 1st quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 8,100 shares of the oil and natural gas company’s stock valued at $185,000 after purchasing an additional 5,900 shares in the last quarter. Nomura Holdings Inc. purchased a new position in shares of Antero Resources Corporation in the 1st quarter valued at about $204,000. Finally, Sei Investments Co. increased its holdings in shares of Antero Resources Corporation by 174.6% in the 1st quarter. Sei Investments Co. now owns 9,209 shares of the oil and natural gas company’s stock valued at $210,000 after purchasing an additional 5,855 shares in the last quarter. Institutional investors own 93.61% of the company’s stock.

In other news, insider K. Phil Yoo sold 3,785 shares of the firm’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $20.55, for a total value of $77,781.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ward D. Mcneilly sold 24,000 shares of the firm’s stock in a transaction on Thursday, June 15th. The stock was sold at an average price of $22.05, for a total transaction of $529,200.00. The disclosure for this sale can be found here. 10.80% of the stock is currently owned by company insiders.

About Antero Resources Corporation

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.

Receive News & Ratings for Antero Resources Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Antero Resources Corporation and related companies with MarketBeat.com's FREE daily email newsletter.