Shares of Antero Resources Co. (NYSE:AR – Get Rating) have been given an average recommendation of "Moderate Buy" by the twelve brokerages that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $45.70.

A number of equities analysts recently issued reports on the stock. Mizuho decreased their target price on shares of Antero Resources from $53.00 to $49.00 and set a "buy" rating for the company in a research report on Thursday, August 18th. Morgan Stanley decreased their target price on shares of Antero Resources from $40.00 to $37.00 and set an "equal weight" rating for the company in a research report on Monday, August 29th. StockNews.com upgraded shares of Antero Resources from a "sell" rating to a "hold" rating in a research report on Friday, August 5th. Scotiabank started coverage on shares of Antero Resources in a research report on Wednesday, August 3rd. They set a "sector perform" rating and a $47.00 price objective for the company. Finally, Raymond James raised their price objective on shares of Antero Resources from $52.00 to $60.00 in a research report on Thursday, June 16th.

Insider Transactions at Antero Resources

In other Antero Resources news, insider W Patrick Ash sold 36,701 shares of the business's stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $38.89, for a total value of $1,427,301.89. Following the completion of the sale, the insider now directly owns 870,270 shares of the company's stock, valued at $33,844,800.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Antero Resources news, insider W Patrick Ash sold 36,701 shares of the firm's stock in a transaction dated Monday, August 1st. The stock was sold at an average price of $38.89, for a total transaction of $1,427,301.89. Following the transaction, the insider now directly owns 870,270 shares in the company, valued at $33,844,800.30. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Robert J. Clark sold 5,000 shares of the company's stock in a transaction dated Tuesday, August 23rd. The stock was sold at an average price of $45.00, for a total value of $225,000.00. Following the sale, the director now owns 66,227 shares of the company's stock, valued at approximately $2,980,215. The disclosure for this sale can be found here. Insiders sold 46,701 shares of company stock valued at $1,853,152 over the last three months. 5.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Antero Resources

Antero Resources Stock Down 1.4 %

Shares of NYSE:AR opened at $30.33 on Friday. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 11.28 and a beta of 3.63. Antero Resources has a 1-year low of $15.38 and a 1-year high of $48.80. The company's fifty day moving average is $38.37 and its two-hundred day moving average is $35.96. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.41 and a current ratio of 0.41.

Antero Resources (NYSE:AR – Get Rating) last released its quarterly earnings results on Wednesday, July 27th. The oil and natural gas company reported $1.69 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.21). The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $1.82 billion. Antero Resources had a return on equity of 19.52% and a net margin of 16.24%. The firm's revenue was up 352.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.12 EPS. Equities analysts anticipate that Antero Resources will post 6.56 EPS for the current year.

About Antero Resources

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Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As of December 31, 2021, it had approximately 502,000 net acres in the Appalachian Basin; and 174,000 net acres in the Upper Devonian Shale.

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