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 most optimistic analyst gave a price target of 48, which equates to a potential upside of 127.49 percent. The minimum price target given was 22.5, implying a possible loss of 6.64 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -120 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -12.5 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -28.97 percent. 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. Over the past month, 0 analysts increased their quarterly estimates, while 5 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 7 analysts that revised their FY estimates downwards.
AR has a 52-week high of 28.30 and a 52-week 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 price/earnings 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's next earnings release will be on 0000-00-00, which is days away.