There is no way Aris Water Solutions Inc (ARIS) can keep these numbers up

With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.37 million shares. During the session, the Utilities – Regulated Water company that operates in wider Utilities sector, reached to the highest price of $16.87 whereas the lowest price it dropped to was $16.15. The 52-week range on ARIS shows that it touched its highest point at $17.27 and its lowest point at $7.22 during that stretch. It currently has a 1-year price target of $19.00. With its current market cap of 502.85 million, ARIS has annualized dividend of $0.38 while the current yield stands at 2.28%. Beta for the stock currently stands at 1.62.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARIS was up-trending over the past week, with a rise of 5.65%, but this was up by 10.84% over a month. Three-month performance surged to 15.27% while six-month performance rose 103.97%. The stock gained 51.71% in the past year, while it has gained 96.19% so far this year. A look at the trailing 12-month EPS for ARIS yields 0.72 with Next year EPS estimates of 1.32. For the next quarter, that number is 0.23. This implies an EPS growth rate of 20.67% for this year and 24.52% for next year.

Float and Shares Shorts:

At present, 30.25 million ARIS shares are outstanding with a float of 25.16 million shares on hand for trading. On 2024-06-28, short shares totaled 1.35 million, which was 440.99998000000005 higher than short shares on 1717113600. In addition to Mr. William A. Zartler as the firm’s Founder & Executive Chairman, Ms. Amanda M. Brock serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.79753 of ARIS’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, ARIS reported revenue of $103406000.0 and operating income of $28875000.0. The EBITDA in the recently reported quarter was $47976000.0 and diluted EPS was $0.23.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARIS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.