In last trading session, Aris Water Solutions Inc (NYSE:ARIS) saw 1.23 million shares changing hands with its beta currently measuring 1.81. Company’s recent per share price level of $33.53 trading at $0.94 or 2.88% at ring of the bell on the day assigns it a market valuation of $1.96B. That closing price of ARIS’s stock is at a discount of -1.25% from its 52-week high price of $33.95 and is indicating a premium of 62.9% from its 52-week low price of $12.44. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.98 million shares which gives us an average trading volume of 939.83K if we extend that period to 3-months.
For Aris Water Solutions Inc (ARIS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Aris Water Solutions Inc (NYSE:ARIS) trade information
Upright in the green during last session for gaining 2.88%, in the last five days ARIS remained trading in the green while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $33.53 price level, adding 1.15% to its value on the day. Aris Water Solutions Inc’s shares saw a change of 40.00% in year-to-date performance and have moved 2.73% in past 5-day. Aris Water Solutions Inc (NYSE:ARIS) showed a performance of 16.55% in past 30-days. Number of shares sold short was 1.79 million shares which calculate 2.07 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 21 to the stock, which implies a fall of -59.67% to its current value. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 21. It follows that stock’s current price would jump 37.37% in reaching the projected high whereas dropping to the targeted low would mean a gain of 37.37% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.61% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 12.28% while estimates for its earnings growth in next 5 years are of 13.82%.
Aris Water Solutions Inc (NYSE:ARIS)’s Major holders
Insiders are in possession of 5.98% of company’s total shares while institution are holding 85.21 percent of that, with stock having share float percentage of 90.63%. Investors also watch the number of corporate investors in a company very closely, which is 85.21% institutions for Aris Water Solutions Inc that are currently holding shares of the company. AMERIPRISE FINANCIAL INC is the top institutional holder at ARIS for having 2.37 million shares of worth $37.07 million. And as of 2024-06-30, it was holding 7.7429 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 2.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.5494 of outstanding shares, having a total worth of $31.35 million.
