In today’s recent session, 0.4 million shares of the Aris Water Solutions Inc (NYSE:ARIS) have been traded, and its beta is 1.84. Most recently the company’s share price was $21.16, and it changed around -$4.29 or -16.86% from the last close, which brings the market valuation of the company to $1.27B. ARIS at last check was trading at a discount to its 52-week high of $33.95, offering almost -60.44% off that amount. The share price’s 52-week low was $13.34, which indicates that the recent value has risen by an impressive 36.96% since then.
Aris Water Solutions Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.92. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 5 recommended ARIS as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Aris Water Solutions Inc is expected to report earnings per share of 0.33 for the current quarter.
Aris Water Solutions Inc (NYSE:ARIS) trade information
Instantly ARIS has been showing red trend so far today with a performance of -16.86% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 26.75 on recent trading dayincreased the stock’s daily price by 20.9%. The company’s shares are currently down -11.65% year-to-date, but still down -15.22% over the last five days. On the other hand, Aris Water Solutions Inc (NYSE:ARIS) is -18.58% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to decrease their stock price by -5.8% from its current value. Analyst projections state that ARIS is forecast to be at a low of $17 and a high of $22.
Aris Water Solutions Inc (ARIS) estimates and forecasts
The year-over-year growth rate is expected to be 12.80%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 121.88M in revenue for the current quarter. 4 analysts expect Aris Water Solutions Inc to make 126.4M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 101.12M and 112.31M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 20.53%. Forecasts for the next quarter put sales growth at 12.55%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.61%. Aris Water Solutions Inc earnings are expected to increase by 11.68% in 2025, but the outlook is positive 14.62% per year for the next five years.
ARIS Dividends
Aris Water Solutions Inc’s next quarterly earnings report is expected to be released in June. The annual dividend yield of the stock is 2.15 percent and its annual dividend per share was 0.46. It is important to note, however, that the 2.15% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
BLACKROCK INC., with 6.5494% or 2.0 million shares worth $31.35 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 916.76 shares worth $18.78 million, making up 2.81% of all outstanding shares. On the other hand, Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund held roughly 788.84 shares worth around $16.16 million, which represents about 2.42% of the total shares outstanding.
