Where Antero Resources Stands With Analysts

In the preceding three months, 9 analysts have released ratings for Antero Resources AR, presenting a wide array of perspectives from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Antero Resources, presenting an average target of $36.56, a high estimate of $44.00, and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 16.99% increase from the previous average price target of $31.25.

Understanding Analyst Ratings: A Comprehensive Breakdown

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.

Key Insights:

• Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Antero Resources. This insight gives a snapshot of analysts' perspectives on the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Antero Resources compared to the broader market.
• Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Antero Resources's stock. This comparison reveals trends in analysts' expectations over time.

To gain a panoramic view of Antero Resources's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Antero Resources analyst ratings.

Discovering Antero Resources: A Closer Look

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 37% liquids and 63% natural gas.

Antero Resources's Economic Impact: An Analysis

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Decline in Revenue: Over the 3 months period, Antero Resources faced challenges, resulting in a decline of approximately -7.38% in revenue growth as of 30 September, 2024. This signifies a reduction in the company's 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -2.08%, the company may need to address 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 -0.29%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Antero Resources's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -0.15%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Antero Resources's debt-to-equity ratio surpasses industry norms, standing at 0.61. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

What Are Analyst Ratings?

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.