Antero Midstream Corporation’s stock (NYSE:AM) has been rated as Neutral by JP Morgan. This latest rating was contained in a recent research note published by the firm on October 03, 2019. Some experts on Wall Street have also posted a report on Antero Midstream Corporation (AM) stock.
Raymond James rated the stock as a Mkt Perform in a research noted published on August 28, 2019. Stifel rated the stock as a Hold in a research note published on August 02, 2019.
As it stands, a total of 13 analysts are covering AM stock, with 4 of them rating it as a Buy while 1 of them rating it as Overweight. 8 analysts meanwhile advised investors to Hold, 0 rated it as Underweight while the 0 rated it as a Sell. A look at the overall ratings means that Antero Midstream Corporation (AM) stock has an average rating of Overweight.
Antero Midstream Corporation (AM) which is currently valued at 3.81 billion, with the company publishing its last earnings report on 07/31/2019, for the recent quarter of 2019. In that quarter, the company recorded a revenue of 271.16 million, which was lower than the forecast of 296.5 million made by some analysts. For that same quarter, Antero Midstream Corporation (AM) posted $0.09 earnings per share (EPS) which was below the analyst consensus estimate of $0.13 by $-0.04, which represents a decrease by -30.80%.
The stock market has a tendency to become sophisticated sometimes, even for seasoned investors and traders. Even when a trader got what he/she had expected, the market sometimes decides to move in the opposite direction. This volatility sometimes leads to some traders doubting and second-guessing their moves. This is why getting to know historical price performance, as well as both long-term and short-term trends, is very important. Over the past one week, AM price has dropped by -0.41%. A look at its price performance over the past three months sees the stock go down by -34.62%, while it has lost -46.08% over the past six months and -59.72% since the start of the year.
Let us now look at some of its likely support and resistance level. Recent research on Antero Midstream Corporation (AM) has seen its stock trading -35.30% below its three-month high price. A look at the other side also sees stock trading +11.38% above its three-month low. A wider look sees AM trading -35.30% below its 52-week high and 11.38% above from its 52-week low price.
Shareholders of the company sometimes like to find out how their investments are growing. Antero Midstream Corporation (AM) has so far given an ROE of 5.70%. When the ROE is low, it means that the company isn’t generating enough profits. The Return on Assets (ROA) ratio meanwhile is an indication of how profitable a company is relative to the total asset it owns. Antero Midstream Corporation (AM)’s ROA at the moment stands at 3.40%. Any company that is managing its assets better will have a higher return while one that manages assets poorly would result in low returns.
Let us now take a look at Antero Midstream Corporation (AM)’s trading volatility. Its 7-day volatility is around 5.39%, while it has a monthly volatility of 4.45%. AM has an ATR (Average True Range) of 0.35. The volatility of a stock is an indication of the stock’s drop or gain in case the wider market drops or surges. A beta score higher than 1 means that a stock is highly volatile while below 1 means that the volatility of a stock is low.
The price of AM moved down by -$0.22 during the normal trading session on Friday to trade at $7.29. The Antero Midstream Corporation (AM) stock has a trading volume of 6.06 million shares, which is low, compared to its average daily volume of 6.85M shares.