During the last session, Aris Water Solutions Inc (NYSE:ARIS)’s traded shares were 0.62 million, with the beta value of the company hitting 1.93. At the end of the trading day, the stock’s price was $26.73, reflecting an intraday gain of 0.64% or $0.17. The 52-week high for the ARIS share is $32.56, that puts it down -21.81 from that peak though still a striking 57.39% gain since the share price plummeted to a 52-week low of $11.39. The company’s market capitalization is $1.56B, and the average trade volume was 811.28K shares over the past three months.
Aris Water Solutions Inc (ARIS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. ARIS has a Sell rating from 0 analyst(s) out of 6 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 4 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.31.
Aris Water Solutions Inc (NYSE:ARIS) trade information
Aris Water Solutions Inc (ARIS) registered a 0.64% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.64% in intraday trading to $26.73, hitting a weekly high. The stock’s 5-day price performance is -15.03%, and it has moved by 3.05% in 30 days. Based on these gigs, the overall price performance for the year is 127.68%.
The consensus price target of analysts on Wall Street is $21, which implies a decrease of -27.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $21 and $21 respectively. As a result, ARIS is trading at a premium of 21.44% off the target high and 21.44% off the low.
Aris Water Solutions Inc (ARIS) estimates and forecasts
In the rating firms’ projections, revenue will increase 13.34% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 115.74M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 122.32M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 103.41M and 101.12M respectively. In this case, analysts expect current quarter sales to grow by 11.92% and then jump by 20.97% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 4.61%. While earnings are projected to return 13.99% in 2025, the next five years will return 16.89% per annum.
ARIS Dividends
Aris Water Solutions Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Aris Water Solutions Inc is 0.32, with the dividend yield indicating at 1.18 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 2.0 million shares, is of BLACKROCK INC.’s that is approximately 6.5915% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $31.35 million.
Also, the Mutual Funds coming in first place with the largest holdings of Aris Water Solutions Inc (ARIS) shares are Vanguard Total Stock Market Index Fund and Federated Hermes Kaufmann Small Cap Fund . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 916.76 shares. This amounts to just over 2.96 percent of the company’s overall shares, with a $24.51 million market value. The same data shows that the other fund manager holds slightly less at 788.84, or about 2.55% of the stock, which is worth about $21.09 million.
