Aris Water Solutions Inc (NYSE:ARIS) has a beta value of 1.90 and has seen 1.21 million shares traded in the last trading session. The company, currently valued at $1.79B, closed the last trade at $30.56 per share which meant it gained $2.52 on the day or 8.99% during that session. The ARIS stock price is -6.54% off its 52-week high price of $32.56 and 61.09% above the 52-week low of $11.89.
The consensus among analysts is that Aris Water Solutions Inc (ARIS) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 6 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.31.
Aris Water Solutions Inc (NYSE:ARIS) trade information
Sporting 8.99% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ARIS stock price touched $30.56 or saw a rise of 1.0%. Year-to-date, Aris Water Solutions Inc shares have moved 27.60%, while the 5-day performance has seen it change 6.22%. Over the past 30 days, the shares of Aris Water Solutions Inc (NYSE:ARIS) have changed 13.19%.
Wall Street analysts have a consensus price target for the stock at $21, which means that the shares’ value could drop -45.52% from current levels. The projected low price target is $21.0 while the price target rests at a high of $21.0. In that case, then, we find that the current price level is 31.28% off the targeted high while a plunge would see the stock lose 31.28% from current levels.
Aris Water Solutions Inc (ARIS) estimates and forecasts
The company’s shares have gained 101.98% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 13.34%.
3 analysts offering their estimates for the company have set an average revenue estimate of 115.74M for the current quarter. 3 have an estimated revenue figure of 122.32M for the next ending quarter. Year-ago sales stood 103.41M and 101.12M respectively for this quarter and the next, and analysts expect sales will grow by 11.92% for the current quarter and 13.34% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 4.61% over the past 5 years. Earnings growth for 2025 is a modest 13.99% while over the next 5 years, the company’s earnings are expected to increase by 16.89%.
ARIS Dividends
Aris Water Solutions Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.32 at a share yield of 1.03%. The company’s dividend yield has gone up over the past 12 months.
Aris Water Solutions Inc (NYSE:ARIS)’s Major holders
The top two institutional holders are AMERIPRISE FINANCIAL INC with over 2.37 million shares worth more than $37.07 million. As of 2024-06-30, AMERIPRISE FINANCIAL INC held 7.7429% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 2.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $31.35 million and represent 6.5915% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Federated Hermes Kaufmann Small Cap Fund . As of Dec 31, 2024 , the former fund manager holds about 2.96% shares in the company for having 916.76 shares of worth $28.02 million while later fund manager owns 788.84 shares of worth $24.11 million as of Oct 31, 2024 , which makes it owner of about 2.55% of company’s outstanding stock.
