Aris Water Solutions Inc [ARIS] stock prices are up 4.05% to $29.80 at the moment. 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 20.70% over the last week, with a monthly amount glided 18.87%, and 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 January 15, 2025, when Evercore ISI downgraded its rating to a In-line and also boosted its price target to $27 from $25. Previously, Citigroup downgraded its rating to Neutral on January 08, 2025, and elevated its price target to $26. On November 06, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $22 on the stock. Seaport Research Partners started tracking the stock assigning a Buy rating and suggested a price target of $15 on December 13, 2023. Wells Fargo downgraded its rating to Equal Weight for this stock on December 16, 2022, and downed its price target to $17. In a note dated December 09, 2022, Citigroup initiated an Buy rating and provided a target price of $20 on this stock.
The stock price of Aris Water Solutions Inc [ARIS] has been fluctuating between $7.74 and $29.90 over the past year. 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 $29.80 at the most recent close of the market. An investor can expect a potential drop of -29.53% based on the average ARIS price forecast.
Analyzing the ARIS fundamentals
The Aris Water Solutions Inc [NYSE:ARIS] reported sales of 420.96M for trailing twelve months, representing a surge of 12.55%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.37.
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 29.08 points at the first support level, and at 28.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.34, and for the 2nd resistance point, it is at 30.88.
Ratios To Look Out For
It’s worth pointing out that Aris Water Solutions Inc [NYSE:ARIS]’s Current Ratio 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 4.12, the price to book ratio is 2.66 and price to earnings (TTM) ratio is 36.94.
Transactions by insiders
Recent insider trading involved Gable S Corp, Over 5% but less than 10% own, that happened on Jan 06 ’25 when 0.33 million shares were sold. Over 5% but less than 10% own, Gable S Corp completed a deal on Jan 03 ’25 to sell 31410.0 shares. Meanwhile, Over 5% but less than 10% own Gable S Corp sold 2259.0 shares on Jan 07 ’25.