Aris Water Solutions Inc (NYSE:ARIS) traded at $26.99 at close of the session on Tuesday, January 28 and made a downward move of -0.04% on its previous day’s price.
Looking at the stock we see that its previous close was $27.00 and the beta (5Y monthly) reads 1.616 with the day’s price range being $26.35 – $27.265. The company has a trailing 12-month PE ratio of 33.45. In terms of its 52-week price range, ARIS has a high of $30.40 and a low of $8.31. The company’s stock has gained about 6.93% over that past 30 days.
Aris Water Solutions Inc has a market cap of $1.57 billion and is expected to release its quarterly earnings report in February. With its Forward Dividend at 0.41 and a yield of 1.50%, the company’s investors could be anxious for the ARIS stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 109.92M, with a low of 107.56M and a high of 112M. The median projection represents growth squeezing down to 5.56% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 426.88M, or 8.86% up from figures reported last year.
On the other hand, looking at the outlook for the ARIS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 6 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the Aris Water Solutions Inc (ARIS) stock as a Hold, while 4 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the ARIS stock currently stands at 1.28, and the current price level is 1.66% off its SMA20 and 3.84% from its 50-day simple moving average. The RSI (14) is pointing at 51.68 while the volatility over the past week is 4.21% and jumps to 5.36% over the past one month. The beta value is 1.95, while the average true range (ATR) is currently pointing at 1.48. The average price target for the stock over the next 12 months is $21, with the estimates having a low of $21 and a high of $21. These price ends are 22.19% and 22.19% off the current price level respectively, although investors could be excited at the prospect of a 22.19% if the ARIS share price touches on the median price of $21.
Coming back to Aris Water Solutions Inc (NYSE:ARIS), we note that the average 3-month trading volume was 645.46K, while that of the preceding 10-day period stands at 1.11 million. Current shares outstanding are 30.58 million.
The insiders hold 13.01% of the company’s shares while institutions hold 90.35%. The data shows that short shares as of 2025-01-15, stood at 1.68 million at a short ratio of 2.25. This represents a 628.00 short interest in shares outstanding on 2025-01-15. Shares short rose in January from the previous month at 1.67 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 12.69% up in year-to-date price movement.
