Antero Resources Corporation (AR) Posts Earnings Results, Misses Estimates By $0.01 EPS

Lloyd Doyle
November 18, 2017

The institutional investor held 45,010 shares of the oil & gas production company at the end of 2017Q2, valued at $973,000, up from 28,650 at the end of the previous reported quarter. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

The chart of Antero Resources Corp (AR) shows a double bottom with $17.60 target or 7.00 % below today's $18.92 share price. Descartes Systems Group Inc (USA) (NASDAQ:DSGX) has risen 29.29% since November 17, 2016 and is uptrending. It has underperformed by 6.26% the S&P500.

Antero Resources Corporation (NYSE:AR) is trying to make active position in eyes of investors on point of ownership, as ownership status of both institutional or insider important for investing research process; unknown to this can sometimes give false signals and lead an investor astray. The shares were sold at an average price of $19.99, for a total value of $1,654,372.40. Antero Res Corp (Call) now has $6.22 billion valuation. Ltd. grew its holdings in shares of Antero Resources Corporation by 0.8% during the first quarter. The stock traded volume of 3.6 million shares during its recent trading session while it's an average volume stands around 3.25 million shares.

These firms have modified their investment in AR. It has underperformed by 31.85% the S&P500.

Among 13 analysts covering Nextera Energy Inc. The average analysts gave this company a mean recommendation of 2.70. Therefore 48% are positive. Total System Services had 71 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Wednesday, August 5 by Deutsche Bank. The company was maintained on Thursday, March 17 by Argus Research. Antero Resources Corporation presently has a consensus rating of "Buy" and a consensus target price of $27.68. As per Thursday, September 21, the company rating was downgraded by Scotia Capital. As per Friday, September 11, the company rating was maintained by Barclays Capital. The stock of Antero Resources Corp (NYSE:AR) earned "Buy" rating by Goldman Sachs on Tuesday, November 17. It also reduced Arris Intl Inc stake by 232,500 shares and now owns 1.40M shares. Its up 0.04, from 0.93 in 2017Q1. Schwab Charles Invest Incorporated owns 581,400 shares. Natixis Asset Mgmt reported 92,745 shares. Also, insider K. Phil Yoo sold 10,865 shares of the company's stock in a transaction dated Thursday, November 16th. California Employees Retirement System holds 0.01% or 383,500 shares in its portfolio. Nationwide Fund Advsrs holds 415,734 shares. Hartford Invest Mngmt, a Connecticut-based fund reported 103,891 shares. Bremer Association reported 4,592 shares. Shell Asset Mgmt invested in 0.03% or 64,654 shares. State Street Corp holds 8.19M shares. Wealthtrust, Alabama-based fund reported 138 shares.

Since May 17, 2017, it had 0 buys, and 1 sale for $529,202 activity. RADY PAUL M bought $10.56 million worth of stock or 500,000 shares. Yale University holds 20.88% of its portfolio in Antero Resources Corp (NYSE:AR) for 3.92 million shares. The stock rose 1.82% or $0.34 reaching $19.26 per share. AR's value Change from Open was at -0.62% with a Gap of 2.43%. They expect $0.09 earnings per share, up 12.50% or $0.01 from last year's $0.08 per share. Zacks Investment Research upgraded shares of Antero Resources Corporation from a "hold" rating to a "buy" rating and set a $24.00 price objective for the company in a research report on Friday, July 21st. Therefore 75% are positive. Finally, Jefferies Group LLC began coverage on shares of Antero Resources Corporation in a report on Monday, October 9th. On Monday, September 21 the stock rating was maintained by Raymond James with "Outperform". Raymond James has "Outperform" rating and $35 target. The firm earned "Market Perform" rating on Tuesday, July 19 by Evercore. The stock has "Buy" rating by Stifel Nicolaus on Thursday, April 28. The rating was upgraded by PiperJaffray on Friday, January 13 to "Overweight". The stock of Antero Resources Corp (NYSE:AR) has "Hold" rating given on Friday, November 6 by Tudor Pickering. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock of Antero Resources Corp (NYSE:AR) has " rating given on Tuesday, February 23 by Stephens. The stock has an average rating of "Buy" and an average price target of $27.68. The firm earned "Hold" rating on Tuesday, June 14 by Deutsche Bank.

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