Equities analysts predict that Antero Resources Corp (NYSE:AR) will post earnings of $0.19 per share for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Antero Resources’ earnings. The highest EPS estimate is $0.29 and the lowest is $0.12. Antero Resources posted earnings per share of $0.22 during the same quarter last year, which suggests a negative year over year growth rate of 13.6%. The business is scheduled to report its next earnings report after the market closes on Tuesday, February 13th.
On average, analysts expect that Antero Resources will report full year earnings of $0.28 per share for the current year, with EPS estimates ranging from $0.21 to $0.38. For the next year, analysts expect that the business will report earnings of $1.20 per share, with EPS estimates ranging from $0.39 to $2.39. Zacks’ EPS averages are a mean average based on a survey of research analysts that that provide coverage for Antero Resources.
AR has been the topic of several research reports. KeyCorp set a $29.00 price target on shares of Antero Resources and gave the stock a “buy” rating in a research report on Sunday, January 21st. Zacks Investment Research cut shares of Antero Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, January 17th. Cowen set a $22.00 price target on shares of Antero Resources and gave the stock a “hold” rating in a research report on Thursday, January 18th. Barclays reissued a “hold” rating and set a $22.00 price target on shares of Antero Resources in a research report on Sunday, December 24th. Finally, Morgan Stanley reissued an “equal weight” rating on shares of Antero Resources in a research report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and ten have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $25.28.
A number of institutional investors and hedge funds have recently bought and sold shares of AR. Baupost Group LLC MA grew its holdings in shares of Antero Resources by 12.9% during 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 period. BlackRock Inc. grew its holdings in shares of Antero Resources by 1.0% during the 4th quarter. BlackRock Inc. now owns 11,866,714 shares of the oil and natural gas company’s stock worth $225,469,000 after purchasing an additional 122,303 shares during the period. Sound Shore Management Inc. CT grew its holdings in shares of Antero Resources by 5.6% during the 3rd quarter. Sound Shore Management Inc. CT now owns 9,932,900 shares of the oil and natural gas company’s stock worth $197,665,000 after purchasing an additional 526,500 shares during the period. State Street Corp grew its holdings in shares of Antero Resources by 13.6% during the 2nd quarter. State Street Corp now owns 8,187,581 shares of the oil and natural gas company’s stock worth $176,939,000 after purchasing an additional 978,883 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Antero Resources by 60.6% during 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 period. Institutional investors own 96.95% of the company’s stock.
Antero Resources (AR) traded up $0.09 during trading hours on Friday, reaching $17.11. 5,466,739 shares of the company’s stock were exchanged, compared to its average volume of 3,990,880. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $5,372.06, a PE ratio of -14.88, a PEG ratio of 2.88 and a beta of 0.93. Antero Resources has a 52 week low of $16.31 and a 52 week high of $26.09.
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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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