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Antero Resources (AR) Gains But Lags Market: What You Should Know

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Antero Resources (AR - Free Report) closed the most recent trading day at $8.56, moving +0.12% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.35%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq added 0.7%.

Heading into today, shares of the oil and natural gas producer had gained 4.65% over the past month, outpacing the Oils-Energy sector's gain of 4.63% and lagging the S&P 500's gain of 5.14% in that time.

AR will be looking to display strength as it nears its next earnings release. In that report, analysts expect AR to post earnings of $0.56 per share. This would mark year-over-year growth of 27.27%. Meanwhile, our latest consensus estimate is calling for revenue of $1.18 billion, up 14.36% from the prior-year quarter.

For the full year, our Zacks Consensus Estimates are projecting earnings of $0.79 per share and revenue of $4.54 billion, which would represent changes of -21% and +4.88%, respectively, from the prior year.

Investors might also notice recent changes to analyst estimates for AR. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 43.55% higher. AR is currently sporting a Zacks Rank of #1 (Strong Buy).

Valuation is also important, so investors should note that AR has a Forward P/E ratio of 10.85 right now. This represents a discount compared to its industry's average Forward P/E of 14.9.

Investors should also note that AR has a PEG ratio of 0.54 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Exploration and Production - United States was holding an average PEG ratio of 0.93 at yesterday's closing price.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 160, which puts it in the bottom 38% of all 250+ industries.

The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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