In the last trading session, 1.51 million Aris Water Solutions Inc (NYSE:ARIS) shares changed hands as the company’s beta touched 1.88. With the company’s per share price at $28.99 changed hands at -$0.13 or -0.45% during last session, the market valuation stood at $1.69B. ARIS’s last price was a discount, traded about -12.31% off its 52-week high of $32.56. The share price had its 52-week low at $12.44, which suggests the last value was 57.09% up since then. When we look at Aris Water Solutions Inc’s average trading volume, we note the 10-day average is 0.89 million shares, with the 3-month average coming to 850.49K.
Analysts gave the Aris Water Solutions Inc (ARIS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.92. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ARIS as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Aris Water Solutions Inc’s EPS for the current quarter is expected to be 0.31.
Aris Water Solutions Inc (NYSE:ARIS) trade information
Instantly ARIS was in red as seen at the end of in last trading. With action 3.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 21.04%, with the 5-day performance at 3.39% in the green. However, in the 30-day time frame, Aris Water Solutions Inc (NYSE:ARIS) is 7.01% up. Looking at the short shares, we see there were 1.65 million shares sold at short interest cover period of 1.95 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need a downside of -38.05% from its current market value. According to analyst projections, ARIS’s forecast low is 21 with 21 as the target high. To hit the forecast high, the stock’s price needs a 27.56% surge from its current level, while the stock would need to tank 27.56% for it to hit the projected low.
Aris Water Solutions Inc (ARIS) estimates and forecasts
Year-over-year growth is forecast to reach 12.39% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 115.74M. 3 analysts are of the opinion that Aris Water Solutions Inc’s revenue for the current quarter will be 122.32M. The company’s revenue for the corresponding quarters a year ago was 103.41M and 101.12M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.92%. The estimates for the next quarter sales put growth at 20.97%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 4.61%. The 2025 estimates are for Aris Water Solutions Inc earnings to increase by 11.77%, but the outlook for the next 5-year period is at 13.38% per year.
ARIS Dividends
Aris Water Solutions Inc is expected to release its next quarterly earnings report on 2025-Feb-25. The 1.57% annual yield figure for the share gives it an annual dividend of 0.45. It is important to note, however, that the 1.57% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Aris Water Solutions Inc (NYSE:ARIS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.11% of Aris Water Solutions Inc shares while 85.29% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 90.84%. There are 85.29% institutions holding the Aris Water Solutions Inc stock share, with AMERIPRISE FINANCIAL INC the top institutional holder. As of 2024-06-30, the company held 7.7429% of the shares, roughly 2.37 million ARIS shares worth $37.07 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.5915% or 2.0 million shares worth $31.35 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Federated Hermes Kaufmann Small Cap Fund . With 916.76 shares estimated at $26.58 million under it, the former controlled 2.96% of total outstanding shares. On the other hand, Federated Hermes Kaufmann Small Cap Fund held about 2.55% of the shares, roughly 788.84 shares worth around $22.87 million.
