Antero Midstream Corporation [NYSE:AM]: Analyst Rating and Earnings
Equities traders frequently stay up to date regarding what leading market analysts think about a possible stock buy. As it relates to Antero Midstream Corporation [AM], the latest mean analyst recommendation that’s publicly available is from the fiscal three-month period ending in December. On average, stock market experts give AM an Outperform rating. Its stock price has been found in the range of 10.12 to 19.82. This is compared to its latest closing price of $12.71.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Antero Midstream Corporation [AM] is sitting at 1.92. This is compared to 1 month ago, when its average rating was 2.00.
For the quarter ending in Mar-19 Antero Midstream Corporation [AM] generated $0.27 billion in sales. That’s 8.51% lower than the average estimate of $0.29 billion as provided by Wall Street analysts. The three indicators above suggest that on the whole, this stock is not presenting an attractive investment option, as there are too many red flags that don’t point to a high-value ROI.
Stay on the lookout for the next quarterly financial report – the company is expected to release the following results on Wed 7 Aug (In 55 Days).
Fundamental Analysis of Antero Midstream Corporation [AM]
What about valuation? This company’s Enterprise Value to EBITDA is -148.00. The Enterprise Value to Sales for this firm is now 119.94. Antero Midstream Corporation [AM] has a Price to Book Ratio of 67.46, a Price to Cash Flow Ratio of 24.99 and P/E Ratio of 41.42. These metrics suggest that this publicly-traded organization will not likely result in investment gains.
This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 0.17 and its Current Ratio is 0.17. This company is not investing its short-term assets in an optimally efficient way, making it a riskier investment.
Antero Midstream Corporation [AM] has 505.26M shares outstanding, amounting to a total market cap of $6.12B. Its stock price has been found in the range of 10.12 to 19.82. At its current price, it has moved by -38.85% from its 52-week high, and it has moved 19.76% from its 52-week low.
This stock’s Beta value is currently , which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 33.60. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Antero Midstream Corporation [AM] a Reliable Buy?
Antero Midstream Corporation [AM] stock is presenting a less attractive investment opportunity when compared to similarly-sized corporations in the same industry. The price performance of these shares has not shown much promise, and the financial results that this company has recently delivered present a highly risky investment.