Analyst Ratings for Antero Resources Corp. (AR)Updated: 2017-07-28
Analysts covering Antero Resources Corp. (NYSE:AR) have given it a consensus rating of Overweight. Last month, AR received an average rating of Overweight.
27 analysts issued ratings on the stock, where 13 gave AR a buy rating, 3 issued an overweight rating, 11 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 3. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Many analysts weighed in on price targets for AR. The highest price target was 48, implying potential capital gains of 127.49 percent. The most pessimistic analyst gave a price target of 22.5, implying a possible loss of 6.64 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -120 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -12.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -28.97 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 51.28 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 5 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 7 analysts made negative revisions to their fiscal year's estimates.
In the last 52-weeks, AR has achieved a high of 28.30 and a low of 19.51. The current market price is above the trailing year's low by 8.15 percent, and 25.44 percent lower than its 52-week high. AR has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The AR value stock report compares AR to some of its peers using value stock charts. The market cap of AR is $6.78 billion. AR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.