Equities Analysts Offer Predictions for AR FY2024 Earnings

Antero Resources Co. (NYSE:AR - Free Report) - Investment analysts at Zacks Research decreased their FY2024 earnings per share (EPS) estimates for shares of Antero Resources in a research report issued on Tuesday, December 10th. Zacks Research analyst R. Department now anticipates that the oil and natural gas company will post earnings of ($0.25) per share for the year, down from their prior forecast of ($0.19). The consensus estimate for Antero Resources' current full-year earnings is ($0.19) per share. Zacks Research also issued estimates for Antero Resources' Q1 2025 earnings at $0.43 EPS, Q2 2025 earnings at $0.22 EPS, Q3 2025 earnings at $0.50 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $2.01 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $2.64 EPS.

A number of other equities research analysts have also issued reports on AR. Bank of America started coverage on shares of Antero Resources in a report on Monday, October 28th. They issued a "buy" rating and a $36.00 price target on the stock. Raymond James upped their price objective on shares of Antero Resources from $34.00 to $44.00 and gave the stock a "strong-buy" rating in a report on Thursday, November 21st. Barclays cut their target price on shares of Antero Resources from $32.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Thursday, October 3rd. Roth Capital upgraded Antero Resources to a "strong-buy" rating in a research note on Tuesday, August 27th. Finally, Scotiabank raised Antero Resources from a "sector perform" rating to a "sector outperform" rating and upped their price target for the stock from $40.00 to $44.00 in a research note on Tuesday, August 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Antero Resources presently has a consensus rating of "Moderate Buy" and an average target price of $34.06.

Antero Resources Trading Down 2.1 %

Shares of Antero Resources stock traded down $0.68 on Friday, hitting $32.37. The stock had a trading volume of 2,850,831 shares, compared to its average volume of 4,062,765. The stock's 50-day simple moving average is $29.89 and its two-hundred day simple moving average is $29.86. Antero Resources has a one year low of $20.56 and a one year high of $36.28. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 0.23. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 231.21 and a beta of 3.42.

Hedge Funds Weigh In On Antero Resources

Hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. increased its stake in Antero Resources by 357.3% in the third quarter. UMB Bank n.a. now owns 878 shares of the oil and natural gas company's stock valued at $25,000 after purchasing an additional 686 shares during the last quarter. True Wealth Design LLC acquired a new position in Antero Resources in the third quarter valued at $30,000. Capital Performance Advisors LLP purchased a new position in shares of Antero Resources during the third quarter worth about $45,000. Mattson Financial Services LLC acquired a new stake in shares of Antero Resources during the second quarter worth about $64,000. Finally, Signaturefd LLC grew its stake in Antero Resources by 19.9% during the 3rd quarter. Signaturefd LLC now owns 4,222 shares of the oil and natural gas company's stock worth $121,000 after buying an additional 702 shares during the last quarter. Hedge funds and other institutional investors own 83.04% of the company's stock.

Antero Resources Company Profile

Antero Resources Corporation, an independent oil and natural gas company, engages in the development, production, exploration, and acquisition of natural gas, natural gas liquids (NGLs), and oil properties in the United States. It operates in three segments: Exploration and Development; Marketing; and Equity Method Investment in Antero Midstream.