Throughout the last three months, 15 analysts have evaluated Antero Resources AR, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 5 | 10 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 2 | 2 | 0 | 0 |
| 2M Ago | 0 | 2 | 6 | 0 | 0 |
| 3M Ago | 0 | 1 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $32.0, a high estimate of $43.00, and a low estimate of $26.00. This current average has increased by 13.43% from the previous average price target of $28.21.
Exploring Analyst Ratings: An In-Depth Overview
A clear picture of Antero Resources's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Nitin Kumar | Mizuho | Raises | Neutral | $37.00 | $29.00 |
| Cameron Bean | Scotiabank | Raises | Sector Perform | $40.00 | $36.00 |
| Roger Read | Wells Fargo | Raises | Overweight | $43.00 | $35.00 |
| Devin McDermott | Morgan Stanley | Raises | Overweight | $36.00 | $26.00 |
| Devin McDermott | Morgan Stanley | Raises | Equal-Weight | $27.00 | $26.00 |
| Cameron Bean | Scotiabank | Raises | Sector Perform | $36.00 | $26.00 |
| Betty Jiang | Barclays | Announces | Equal-Weight | $32.00 | - |
| Bertrand Hodee | Truist Securities | Lowers | Hold | $27.00 | $28.00 |
| Nitin Kumar | Mizuho | Raises | Neutral | $29.00 | $28.00 |
| Devin McDermott | Morgan Stanley | Raises | Equal-Weight | $26.00 | $24.00 |
| 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 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Antero Resources. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Antero Resources compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Antero Resources's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
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.
About Antero Resources
Antero Resources Corp, 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 35% liquids and 65% natural gas.
Unraveling the Financial Story of Antero Resources
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Negative Revenue Trend: Examining Antero Resources's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -13.04% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Energy sector.
Net Margin: Antero Resources's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 3.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Antero Resources's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.52%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Antero Resources's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.27%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Antero Resources's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.63, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Core of Analyst Ratings: What Every Investor Should Know
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
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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