Q1 EPS Estimate for Antero Resources Lowered by Analyst

Key Points

• Zacks Research cut Antero Resources’ Q1 2028 EPS estimate to $0.99 from $1.07 and maintained a “Hold” rating; full-year consensus EPS is $4.19.
• Analyst sentiment remains broadly positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $49.06.
• Antero Resources shares traded at $34.44, with a $10.59 billion market capitalization, while institutional investors and hedge funds own 83.04% of the company.

Antero Resources Corporation (NYSE:AR - Free Report) - Equities researchers at Zacks Research reduced their Q1 2028 earnings estimates for shares of Antero Resources in a research report issued on Tuesday, September 22nd. Zacks Research analyst Team now forecasts that the oil and natural gas company will earn $0.99 per share for the quarter, down from their prior estimate of $1.07. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Antero Resources' current full-year earnings is $4.19 per share.

Several other equities analysts have also issued reports on AR. Weiss Ratings raised Antero Resources from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, September 3rd. Morgan Stanley reissued an "overweight" rating and set a $49.00 price objective on shares of Antero Resources in a research report on Wednesday, August 19th. Stifel Nicolaus began coverage on Antero Resources in a research note on Thursday, September 10th. They issued a "hold" rating and a $42.00 target price for the company. Truist Financial decreased their target price on Antero Resources from $56.00 to $52.00 and set a "buy" rating for the company in a research report on Thursday, July 9th. Finally, The Goldman Sachs Group upped their price target on Antero Resources from $42.00 to $48.00 and gave the stock a "buy" rating in a research note on Wednesday, September 2nd. Four investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $49.06.

Antero Resources Trading Up 1.4%

NYSE AR opened at $34.44 on Wednesday. The business has a 50 day simple moving average of $36.64 and a 200 day simple moving average of $37.22. Antero Resources has a one year low of $29.10 and a one year high of $45.75. The stock has a market capitalization of $10.59 billion, a P/E ratio of 9.90 and a beta of 0.35. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.40 and a quick ratio of 0.40.

Hedge Funds Weigh In On Antero Resources

Hedge funds have recently added to or reduced their stakes in the stock. Brandywine Global Investment Management LLC grew its stake in shares of Antero Resources by 77.8% during the 4th quarter. Brandywine Global Investment Management LLC now owns 215,470 shares of the oil and natural gas company's stock worth $7,425,000 after acquiring an additional 94,260 shares during the period. BIP Wealth LLC purchased a new stake in Antero Resources in the 2nd quarter worth about $1,633,000. Bank of New York Mellon Corp raised its stake in Antero Resources by 22.5% in the 4th quarter. Bank of New York Mellon Corp now owns 3,101,208 shares of the oil and natural gas company's stock valued at $106,868,000 after acquiring an additional 569,817 shares during the period. BlackRock Inc. bought a new stake in Antero Resources in the 2nd quarter valued at about $966,982,000. Finally, Hantz Financial Services Inc. lifted its holdings in Antero Resources by 29.7% during the fourth quarter. Hantz Financial Services Inc. now owns 170,073 shares of the oil and natural gas company's stock valued at $5,861,000 after purchasing an additional 38,939 shares during the last quarter. Institutional investors and hedge funds own 83.04% of the company's stock.

About Antero Resources

Antero Resources Corporation NYSE: AR is an independent oil and natural gas exploration and production company. Its operations are focused primarily on developing unconventional reserves in the Appalachian Basin, where it produces natural gas, natural gas liquids (NGLs) and oil.

The company's core properties are located in the Marcellus and Utica shale plays of West Virginia and Ohio. Its products include natural gas and NGLs such as ethane, propane, butane and natural gasoline, which are marketed to customers in domestic and international energy markets.

Founded in 2002 and headquartered in Denver, Colorado, Antero Resources became a publicly traded company in 2013.

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