AR Stock Earnings Estimates Decreased by Zacks Research

Key Points

• Zacks Research lowered Antero Resources’ Q3 2028 EPS estimate to $1.08 from $1.19, while analysts expect full-year earnings of $4.21 per share.
• Analyst sentiment remains favorable, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $49.00, despite targets ranging from $42 to $58.
• Antero Resources shares opened at $34.05, and institutional investors own approximately 83.04% of the company, including newly reported positions from BlackRock and Diamond Hill Capital.

Antero Resources Corporation (NYSE:AR - Free Report) - Equities researchers at Zacks Research reduced their Q3 2028 earnings per share (EPS) estimates for Antero Resources in a note issued to investors on Tuesday, September 22nd. Zacks Research analyst Team now anticipates that the oil and natural gas company will earn $1.08 per share for the quarter, down from their previous estimate of $1.19. The consensus estimate for Antero Resources' current full-year earnings is $4.21 per share.

Several other research firms also recently weighed in on AR. Benchmark upped their price objective on shares of Antero Resources from $44.00 to $47.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. Stifel Nicolaus assumed coverage on shares of Antero Resources in a research report on Thursday, September 10th. They set a "hold" rating and a $42.00 target price for the company. Texas Capital raised shares of Antero Resources to a "strong-buy" rating in a research report on Thursday, June 25th. Citigroup decreased their price objective on Antero Resources from $53.00 to $45.00 and set a "buy" rating for the company in a report on Monday, August 3rd. Finally, UBS Group boosted their target price on Antero Resources from $52.00 to $58.00 and gave the stock a "buy" rating in a research note on Monday, September 14th. Four research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $49.00.

Antero Resources Price Performance

Shares of NYSE:AR opened at $34.05 on Friday. Antero Resources has a twelve month low of $29.10 and a twelve month high of $45.75. The stock's 50 day moving average is $36.72 and its 200-day moving average is $36.98. The company has a quick ratio of 0.40, a current ratio of 0.40 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $10.47 billion, a price-to-earnings ratio of 9.79 and a beta of 0.54.

Institutional Trading of Antero Resources

A number of institutional investors have recently modified their holdings of the business. BlackRock Inc. bought a new stake in Antero Resources during the 2nd quarter valued at $966,982,000. Dimensional Fund Advisors LP lifted its stake in Antero Resources by 12.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,239,070 shares of the oil and natural gas company's stock worth $434,597,000 after purchasing an additional 1,153,422 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in shares of Antero Resources by 177.4% in the first quarter. Assenagon Asset Management S.A. now owns 3,611,248 shares of the oil and natural gas company's stock worth $153,261,000 after purchasing an additional 2,309,388 shares during the period. Bank of New York Mellon Corp grew its position in Antero Resources by 12.2% during the first quarter. Bank of New York Mellon Corp now owns 3,478,218 shares of the oil and natural gas company's stock worth $147,616,000 after buying an additional 377,010 shares in the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new position in Antero Resources in the 2nd quarter worth about $100,212,000. 83.04% of the stock is currently owned by hedge funds and other institutional investors.

About Antero Resources

Antero Resources Corporation NYSE: AR is an independent oil and natural gas company engaged in the acquisition, development and production of unconventional resources. The company's operations are focused primarily on the Appalachian Basin, where it produces natural gas, natural gas liquids (NGLs) and crude oil.

Antero's asset base is concentrated in the Marcellus and Utica shale formations in West Virginia and Ohio. Its products include pipeline-quality natural gas as well as NGLs such as ethane, propane, butane and natural gasoline.

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