Antero Resources Corporation (NYSE:AR) was downgraded by equities researchers at Barclays PLC from an “overweight” rating to an “equal weight” rating in a note issued to investors on Monday. They presently have a $21.00 target price on the oil and natural gas company’s stock. Barclays PLC’s target price indicates a potential upside of 11.82% from the company’s previous close.

Several other analysts also recently issued reports on AR. Zacks Investment Research downgraded Antero Resources Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 24th. BidaskClub downgraded Antero Resources Corporation from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Scotiabank reissued a “buy” rating and issued a $27.00 price target on shares of Antero Resources Corporation in a report on Thursday, August 3rd. Capital One Financial Corporation reissued an “overweight” rating on shares of Antero Resources Corporation in a report on Thursday, August 3rd. Finally, BMO Capital Markets set a $24.00 price target on Antero Resources Corporation and gave the stock a “buy” rating in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. Antero Resources Corporation currently has a consensus rating of “Hold” and a consensus target price of $27.44.

Antero Resources Corporation (NYSE AR) opened at $18.78 on Monday. The company has a market capitalization of $5,940.20, a P/E ratio of 99.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85. Antero Resources Corporation has a 12-month low of $17.89 and a 12-month high of $27.23.

Antero Resources Corporation (NYSE:AR) last announced its quarterly earnings results on Wednesday, November 1st. The oil and natural gas company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.01). The company had revenue of $775.30 million during the quarter, compared to the consensus estimate of $798.88 million. Antero Resources Corporation had a positive return on equity of 0.78% and a negative net margin of 12.82%. During the same period last year, the business posted $0.18 EPS. research analysts expect that Antero Resources Corporation will post -0.09 earnings per share for the current year.

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In other news, insider Kevin J. Kilstrom sold 82,760 shares of the business’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $19.99, for a total value of $1,654,372.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider K. Phil Yoo sold 10,865 shares of the business’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $19.25, for a total value of $209,151.25. The disclosure for this sale can be found here. 9.20% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Evergreen Capital Management LLC acquired a new position in shares of Antero Resources Corporation in the 2nd quarter worth $3,110,000. Delta Lloyd Asset Management N.V. acquired a new position in shares of Antero Resources Corporation in the 2nd quarter worth $1,373,000. Caymus Capital Partners L.P. grew its holdings in shares of Antero Resources Corporation by 34.5% in the 2nd quarter. Caymus Capital Partners L.P. now owns 4,369,500 shares of the oil and natural gas company’s stock worth $94,425,000 after acquiring an additional 1,121,300 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Antero Resources Corporation by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,801,717 shares of the oil and natural gas company’s stock worth $38,934,000 after acquiring an additional 11,737 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System grew its holdings in shares of Antero Resources Corporation by 13.5% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,544 shares of the oil and natural gas company’s stock worth $6,776,000 after acquiring an additional 37,332 shares during the last quarter. 94.24% of the stock is currently owned by institutional investors.

Antero Resources Corporation Company Profile

Antero Resources Corporation is an oil and natural gas company. The Company is engaged in the exploration, development and acquisition of natural gas, natural gas liquids (NGLs) and oil properties located in the Appalachian Basin. The Company’s segments include the exploration, development and production of natural gas, NGLs and oil; gathering and processing; water handling and treatment, and marketing of excess firm transportation capacity.

Analyst Recommendations for Antero Resources Corporation (NYSE:AR)

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