Aris Water Solutions Inc (NYSE: ARIS) is 19.58% higher on its value in year-to-date trading and has touched a low of $7.74 and a high of $29.39 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ARIS stock was last observed hovering at around $28.88 in the last trading session, with the day’s loss setting it -0.24%.
Currently trading at $28.64, the stock is 14.20% and 14.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing -0.83% at the moment leaves the stock 58.54% off its SMA200. ARIS registered 263.45% gain for a year compared to 6-month gain of 71.91%. The firm has a 50-day simple moving average (SMA 50) of $24.8486 and a 200-day simple moving average (SMA200) of $17.99255.
The stock witnessed a 10.96% loss in the last 1 month and extending the period to 3 months gives it a 74.10%, and is 22.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.88% over the week and 5.63% over the month.
Aris Water Solutions Inc (ARIS) has around 251 employees, a market worth around $1.67B and $420.96M in sales. Current P/E ratio is 35.50 and Fwd P/E is 18.90. Profit margin for the company is 5.85%. Distance from 52-week low is 270.03% and -2.55% from its 52-week high. The company has generated returns on investments over the last 12 months (3.04%).
with sales reaching $109.88M over the same period.The EPS is expected to grow by 58.05% this year, but quarterly earnings will post 8.86% year-over-year. Quarterly sales are estimated to grow 5.53% in year-over-year returns.
206.0 institutions hold shares in Aris Water Solutions Inc (ARIS), with institutional investors hold 110.57% of the company’s shares. The shares outstanding are 30.58M, and float is at 23.47M with Short Float at 7.20%. Institutions hold 87.23% of the Float.
The top institutional shareholder in the company is AMERIPRISE FINANCIAL INC with over 2.37 million shares valued at $37.07 million. The investor’s holdings represent 7.7927 of the ARIS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.0 million shares valued at $31.35 million to account for 6.5915 of the shares outstanding. The other top investors are RANGER INVESTMENT MANAGEMENT, L.P. which holds 1.98 million shares representing 6.5109 and valued at over $30.97 million, while VANGUARD GROUP INC holds 5.0301 of the shares totaling 1.53 million with a market value of $23.93 million.
Aris Water Solutions Inc (ARIS) Insider Activity
The most recent transaction is an insider sale by Gable S Corp, the company’s Over 5% but less than 10% own. SEC filings show that Gable S Corp sold 331,181 shares of the company’s common stock on Jan 06 ’25 at a price of $25.16 per share for a total of $8.33 million. Following the sale, the insider now owns 2.27 million shares.
Aris Water Solutions Inc disclosed in a document filed with the SEC on Jan 03 ’25 that Gable S Corp (Over 5% but less than 10% own) sold a total of 31,410 shares of the company’s common stock. The trade occurred on Jan 03 ’25 and was made at $25.04 per share for $0.79 million. Following the transaction, the insider now directly holds 2.6 million shares of the ARIS stock.
Still, SEC filings show that on Jan 07 ’25, Gable S Corp (Over 5% but less than 10% own) disposed off 2,259 shares at an average price of $25.05 for $56588.0. The insider now directly holds 2,266,300 shares of Aris Water Solutions Inc (ARIS).
