In Wednesday’s Wall Street session, Antero Resources Corp (NYSE:AR) shares traded at $34.89, up 8.22% from the previous session.
AR stock price is now -8.44% away from the 50-day moving average and 7.77% away from the 200-day moving average. The market capitalization of the company currently stands at $10.86B.
With the price target maintained at $46, TD Cowen recently Upgraded its rating from Hold to Buy for Antero Resources Corp (NYSE: AR). On December 17, 2024, Wells Fargo Upgraded its previous ‘Underweight’ rating to ‘Equal Weight’ on the stock increasing its target price from $24 to quote $32, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, Pearce Sheri, insider sold 9,830 shares of the company’s stock on Mar 12 ’25. The stock was sold for $349,948 at an average price of $35.60. Upon completion of the transaction, the insider now directly owns 81,887 shares in the company, valued at $2.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 19 ’25, Director Keenan W Howard JR sold 700,000 shares of the business’s stock. A total of $28,395,850 was realized by selling the stock at an average price of $40.57. This leaves the insider owning 1,100,000 shares of the company worth $38.38 million. A total of 7.49% of the company’s stock is owned by insiders.
During the past 12 months, Antero Resources Corp has had a low of $24.53 and a high of $42.62. As of last week, the company has a debt-to-equity ratio of 0.57, a current ratio of 0.35, and a quick ratio of 0.35. The fifty day moving average price for AR is $38.1054 and a two-hundred day moving average price translates $32.3757 for the stock.
The latest earnings results from Antero Resources Corp (NYSE: AR) was released for 2024-12-31. The net profit margin was 1.32% and return on equity was 0.82% for AR. The company reported revenue of $1.17 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.13 percent.
