Demystifying Antero Resources: Insights From 7 Analyst Reviews

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Antero Resources AR has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 2 2 0 0
Last 30D 0 0 0 0 0
1M Ago 0 1 1 0 0
2M Ago 2 0 0 0 0
3M Ago 1 1 1 0 0

Analysts have set 12-month price targets for Antero Resources, revealing an average target of $28.0, a high estimate of $32.00, and a low estimate of $26.00. A decline of 7.68% from the prior average price target is evident in the current average.

Diving into Analyst Ratings: An In-Depth Exploration

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
Roger Read Wells Fargo Raises Overweight $29.00 $26.00
Bertrand Hodee Truist Securities Raises Hold $28.00 $27.00
John Freeman Raymond James Raises Strong Buy $32.00 $28.00
Subash Chandra Benchmark Lowers Buy $26.00 $32.00
Nitin Kumar Mizuho Announces Neutral $27.00 -
John Freeman Raymond James Lowers Strong Buy $28.00 $37.00
Roger Read Wells Fargo Lowers Overweight $26.00 $32.00

Key Insights:

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  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Antero Resources. This information provides a snapshot of how analysts perceive 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.

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 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 33% liquids and 66% natural gas.

Key Indicators: Antero Resources's Financial Health

Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.

Revenue Growth: Antero Resources's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -38.57%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the 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 8.56%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Antero Resources's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 1.37%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Antero Resources's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.69%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Antero Resources's debt-to-equity ratio stands notably higher than the industry average, reaching 0.65. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

Understanding the Relevance of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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

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