Currently, Aris Water Solutions Inc [ARIS] is trading at $25.24, up 2.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ARIS shares have gain 1.82% over the last week, with a monthly amount drifted -6.48%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Aris Water Solutions Inc [NYSE: ARIS] stock has seen the most recent analyst activity on November 06, 2024, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $22 from $19. Previously, Seaport Research Partners started tracking the stock with Buy rating on December 13, 2023, and set its price target to $15. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $17 on December 16, 2022. Citigroup initiated its recommendation with a Buy and recommended $20 as its price target on December 09, 2022. In a note dated March 25, 2022, CapitalOne upgraded an Overweight rating on this stock and boosted its target price from $15 to $22.
This stock has fluctuated between a low of $7.74 and a high of $27.94 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Aris Water Solutions Inc [NYSE: ARIS] shares were valued at $25.24 at the most recent close of the market. An investor can expect a potential drop of -16.8% based on the average ARIS price forecast.
Analyzing the ARIS fundamentals
Trailing Twelve Months sales for Aris Water Solutions Inc [NYSE:ARIS] were 420.96M which represents 12.55% growth. Gross Profit Margin for this corporation currently stands at 0.41% 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 0.08 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.32.
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 24.52 points at the first support level, and at 23.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.88, and for the 2nd resistance point, it is at 26.51.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Aris Water Solutions Inc [NYSE:ARIS] is 1.72. Also, the Quick Ratio is 1.72, while the Cash Ratio stands at 0.37. Considering the valuation of this stock, the price to sales ratio is 3.58, the price to book ratio is 2.25 and price to earnings (TTM) ratio is 31.28.
Transactions by insiders
Recent insider trading involved Gable S Corp, 10% Owner, that happened on Dec 18 ’24 when 38739.0 shares were sold. 10% Owner, Gable S Corp completed a deal on Dec 16 ’24 to sell 57731.0 shares. Meanwhile, Director COY DEBRA sold 1500.0 shares on Nov 11 ’24.
