Aris Water Solutions Inc (ARIS) Shares on the Rise: Short-term Analysis

A share price of Aris Water Solutions Inc [ARIS] is currently trading at $18.83, up 6.44%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ARIS shares have gain 11.09% over the last week, with a monthly amount glided 11.03%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Aris Water Solutions Inc [NYSE: ARIS] stock has seen the most recent analyst activity on December 13, 2023, when Seaport Research Partners initiated its Buy rating and assigned the stock a price target of $15. On December 16, 2022, downgrade downgraded it’s rating to Equal Weight and revised its price target to $17 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $20 on December 09, 2022. CapitalOne upgraded its rating to Overweight for this stock on March 25, 2022, and upped its price target to $22. In a note dated November 17, 2021, Citigroup initiated an Buy rating and provided a target price of $19 on this stock.

Aris Water Solutions Inc experienced fluctuations in its stock price throughout the past year between $7.22 and $17.95. Currently, Wall Street analysts expect the stock to reach $18.6 within the next 12 months. Aris Water Solutions Inc [NYSE: ARIS] shares were valued at $18.83 at the most recent close of the market. An investor can expect a potential drop of -1.22% based on the average ARIS price forecast.

Analyzing the ARIS fundamentals

Trailing Twelve Months sales for Aris Water Solutions Inc [NYSE:ARIS] were 408.44M which represents 4.64% growth. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.07 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.33.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 18.25 points at the first support level, and at 17.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.20, and for the 2nd resistance point, it is at 19.57.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Aris Water Solutions Inc [NYSE:ARIS] is 1.30. As well, the Quick Ratio is 1.30, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 1.41, the price to book ratio is 1.71 and price to earnings (TTM) ratio is 25.05.

Transactions by insiders

Recent insider trading involved Van Brunt David Dylan, Chief Operating Officer, that happened on Aug 12 ’24 when 14813.0 shares were sold. Officer, Van Brunt David Dylan completed a deal on Aug 12 ’24 to buy 14813.0 shares. Meanwhile, President and CEO Brock Amanda M sold 0.11 million shares on May 10 ’24.

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