Antero Midstream Corporation (AM): Good time to sell it?

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Antero Midstream Corporation (NYSE:AM) changes shares on Monday trading session, with a change of 15.91% or $0.84 shares. The trading starts at $5.04 and closed at $5.28 throughout the day. The trading session low price was $4.98 and day high was $6.44 on Monday, June 15. After the session, the Energy sector daily volume shifted to 13.29 million while its average volume is 9.03M. In other hand, the AM market cap reached to $2.84B. While, its current target price is $6.12 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 2.86% and up 71.43% for month. Its quarterly performance was 100.66% above, while its half year performance is up 3.38%. AM yearly performance stood at negative -47.10% and fall -19.37% for year-to-date. Current recommendation for Antero Midstream Corporation is 3.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AM EPS (TTM) for 12-month is -1.54. EPS for this year is -343.70%, while for the next year its value is 0.97.

Let’s take a look on the analyst recommendations on AM for the current month and previous month. For the current month, 1 of 9 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 2 rated it sell, 1 rated it as Buy and 7 as Hold Ratings. On the other hand, target price ranges from $4.00-$11.00. Average target price for AM was reached at $5.71.

Invesco Ltd., Vanguard Group, Inc. (The) and Blackrock Inc. are the top three holders in Antero Midstream Corporation (AM) stock. On Mar 30, 2020, Invesco Ltd. has 70.98 million shares which valued 149.05 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 26.89 million shares which valued at 56.46 million. On Mar 30, 2020, Blackrock Inc. has a total of 24.55 million shares which valued at 51.55 million. In the end, Blackrock Inc. have 5.15% shares outstanding of Antero Midstream Corporation (AM) on Mar 30, 2020. The insider ownership moved to 4.20% and institutional holding shifted to 63.30%.

The company posted an EPS (TTM) of -1.54. According to the most recent quarter report on (Jun 2020), 7 analysts estimated an average EPS of 0.22, while 0.14 EPS posted a year ago period. Analyst Estimated EPS for AM published in the report was 0.17-0.29 during the same period. Comparing with last year, the average estimated EPS was 0.14 which is higher than -0.81 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AM rise 13.41% for period of 200 days. SMA for 50 days was 45.99% which is showing green signal, while SMA-20 was 26.52%. The moving average value for Antero Midstream Corporation (AM) is 4.75 and 4.67 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AM stock. On May 05, RADY PAUL M, Chief Executive Officer, sold 18,000,000 trading shares at the cost of $4.10, which valued at 73.8 million. On May 05, Warren Glen C Jr, President and Secretary, sold 10,000,000 shares at the cost of $4.10, with total shares of 6,886,723. On Mar 09, Yoo K. Phil, See Remarks, sold 50,000 shares at the cost of 3.60. After this transaction, Yoo K. Phil total shares reached to 134,560 which valued at 0.18 million.