ARC Resources Ltd. (OTCMKTS:AETUF - Get Free Report) has earned a consensus rating of "Buy" from the four brokerages that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company.
A number of equities research analysts have weighed in on the stock. Raymond James upgraded shares of ARC Resources to a "moderate buy" rating in a report on Monday, April 7th. Desjardins restated a "buy" rating on shares of ARC Resources in a report on Monday, May 5th. National Bankshares restated an "outperform" rating on shares of ARC Resources in a report on Friday, May 16th. Wall Street Zen upgraded shares of ARC Resources from a "buy" rating to a "strong-buy" rating in a report on Saturday. Finally, Royal Bank of Canada restated an "outperform" rating on shares of ARC Resources in a report on Friday, May 16th.
Get Our Latest Stock Report on ARC Resources
ARC Resources Trading Up 0.5%
ARC Resources stock traded up $0.11 during mid-day trading on Friday, hitting $22.91. The company's stock had a trading volume of 5,671 shares, compared to its average volume of 33,313. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.14 and a quick ratio of 1.12. The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 16.72, a price-to-earnings-growth ratio of 0.89 and a beta of 0.45. The business has a 50 day moving average price of $20.11 and a 200-day moving average price of $18.94. ARC Resources has a 12 month low of $14.89 and a 12 month high of $23.86.
ARC Resources (OTCMKTS:AETUF - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The energy company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.36 billion. ARC Resources had a net margin of 24.40% and a return on equity of 14.48%. As a group, analysts forecast that ARC Resources will post 2.23 EPS for the current year.
ARC Resources Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 3.32%. ARC Resources's payout ratio is presently 32.10%.
ARC Resources Company Profile
(
Get Free ReportARC Resources Ltd. engages in the acquiring and developing crude oil, natural gas, condensate, and natural gas liquids in Canada. It primarily holds interests in the Montney basin located in Alberta and northeast British Columbia. ARC Resources Ltd. was founded in 1996 and is based in Calgary, Canada.
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