What 6 Analyst Ratings Have To Say About Antero Resources

Ratings for Antero Resources AR were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $30.33, with a high estimate of $37.00 and a low estimate of $26.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 11.32%.

Investigating Analyst Ratings: An Elaborate Study

The perception of Antero Resources by financial experts is analyzed through recent analyst actions. The following summary presents 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: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Antero Resources compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Antero Resources's stock. This analysis reveals shifts in analysts' expectations over time.

Capture valuable insights into Antero Resources's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.

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Get to Know Antero Resources Better

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 2022, the company reported proven reserves of 17.8 trillion cubic feet of natural gas equivalent. Production averaged approximately 3,205 million cubic feet of equivalent a day in 2022 at a ratio of 32% liquids and 68% natural gas.

Understanding the Numbers: Antero Resources's Finances

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Revenue Challenges: Antero Resources's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -56.22%. 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 1.68%, 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 0.26%, 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 0.13%, the company may face hurdles in achieving optimal financial performance.

Debt Management: Antero Resources's debt-to-equity ratio is below the industry average at 0.69, reflecting a lower dependency on debt financing and a more conservative financial approach.

Analyst Ratings: What Are They?

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 publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

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