It makes sense and dollars to buy Aris Water Solutions Inc (ARIS) stock

With 0.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Utilities – Regulated Water company that operates in wider Utilities sector, reached to the highest price of $22.33 whereas the lowest price it dropped to was $21.17. The 52-week range on ARIS shows that it touched its highest point at $22.36 and its lowest point at $7.22 during that stretch. It currently has a 1-year price target of $22.09. With its current market cap of 1.29 billion, ARIS has annualized dividend of $0.39 while the current yield stands at 1.76%. ARIS paid its most recent dividend on 1725494400, while the ex-dividend date for that was 1733356800. Beta for the stock currently stands at 1.71.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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 34.67%, but this was up by 30.09% over a month. Three-month performance surged to 46.57% while six-month performance rose 31.71%. The stock gained 152.21% in the past year, while it has gained 164.84% so far this year. A look at the trailing 12-month EPS for ARIS yields 0.81 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.29. This implies an EPS growth rate of 36.36% for this year and 11.67% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.11%.

Float and Shares Shorts:

At present, 30.25 million ARIS shares are outstanding with a float of 25.51 million shares on hand for trading. On 2024-10-15, short shares totaled 1.16 million, which was 380.0 higher than short shares on 1726185600. 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 0.83839995 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 2024-09-30, ARIS reported revenue of $112312000.0 and operating income of $28332000.0. The EBITDA in the recently reported quarter was $47191000.0 and diluted EPS was $0.22.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARIS since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ARIS analysts setting a high price target of 26.0 and a low target of 18.0, the average target price over the next 12 months is 22.09. Based on these targets, ARIS could surge 17.01% to reach the target high and fall by -18.99% to reach the target low. Reaching the average price target will result in a decline of -0.59% from current levels.

Analysts have provided yearly estimates in a range of $1.29547 being high and $1.10455 being low. For ARIS, this leads to a yearly average estimate of $1.20001. The surprise factor in the prior quarter was $0.25. Based on analyst estimates, the high estimate for the next quarter is $0.41 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.3.