In the last three months, 9 analysts have published ratings on Antero Resources AR, offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 1 | 1 | 0 | 0 |
| 3M Ago | 3 | 0 | 1 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $28.89, with a high estimate of $32.00 and a low estimate of $26.00. Experiencing a 1.23% decline, the current average is now lower than the previous average price target of $29.25.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Antero Resources by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Arun Jayaram | JP Morgan | Raises | Overweight | $32.00 | $30.00 |
| Arun Jayaram | JP Morgan | Raises | Overweight | $30.00 | $27.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $28.00 | $27.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $29.00 | $26.00 |
| Bertrand Hodee | Truist Securities | Raises | Hold | $28.00 | $27.00 |
| John Freeman | Raymond James | Raises | Strong Buy | $32.00 | $28.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $26.00 | $32.00 |
| Nitin Kumar | Mizuho | Announces | Neutral | $27.00 | - |
| John Freeman | Raymond James | Lowers | Strong Buy | $28.00 | $37.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Antero Resources. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Antero Resources compared to the broader market.
- Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Antero Resources's stock. This examination reveals shifts in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Antero Resources's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
Stay up to date on Antero Resources analyst ratings.
All You Need to Know About Antero Resources
Antero Resources, based in Denver, engages in the exploration for and production of natural gas and natural gas liquids in the United States and Canada. At the end of 2023, the company reported proven reserves of 18.1 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,483 million cubic feet of equivalent a day in 2023 at a ratio of 33% liquids and 66% natural gas.
Antero Resources's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Challenges: Antero Resources's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -38.57%. This indicates a decrease in top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Antero Resources's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 8.56%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Antero Resources's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.37%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Antero Resources's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.69%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Antero Resources's debt-to-equity ratio stands notably higher than the industry average, reaching 0.65. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Core of Analyst Ratings: What Every Investor Should Know
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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