Alert: Negative Fundamental Signals (10/21/24)-Antero Resources Corporation (NYSE: AR)

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Antero Resources Corporation (NYSE: AR) has recently experienced extremely important negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, AR is expected to continue to be an important Value Builder.

Antero Resources has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Antero Resources has a good Appreciation Score of 84 but a neutral Power Rating of 49, triggering the Positive Value Trend Rating.

Recent Price Action

Antero Resources Corporation (NYSE: AR) stock rose slightly by 0.1% on 10/21/24. The stock closed at $26.87. However, trading volume in this advance was below average at 82% of normal. The stock has been strong relative to the market over the last nine months but has declined -8.1% during the last week.

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