While Aris Water Solutions Inc has underperformed by -5.79%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ARIS rose by 70.74%, with highs and lows ranging from $18.99 to $7.22, whereas the simple moving average jumped by 33.31% in the last 200 days.
On December 13, 2023, Seaport Research Partners started tracking Aris Water Solutions Inc (NYSE: ARIS) recommending Buy. Wells Fargo also Downgraded ARIS shares as ‘Equal Weight’, setting a target price of $17 on the company’s shares in a report dated December 16, 2022. Citigroup Initiated an Buy rating on December 09, 2022, and assigned a price target of $20. Evercore ISI initiated its ‘Outperform’ rating for ARIS, as published in its report on July 14, 2022. CapitalOne’s report from March 25, 2022 suggests a price prediction of $22 for ARIS shares, giving the stock a ‘Overweight’ rating. Citigroup also rated the stock as ‘Buy’.
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Analysis of Aris Water Solutions Inc (ARIS)
It’s important to note that ARIS shareholders are currently getting $0.39 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 4.64%, showing a positive trend in the upcoming months.
Aris Water Solutions Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 7.49% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and ARIS is registering an average volume of 384.52K. On a monthly basis, the volatility of the stock is set at 3.64%, whereas on a weekly basis, it is put at 5.08%, with a gain of 5.78% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.14, showing growth from the present price of $17.74, which can serve as yet another indication of whether ARIS is worth investing in or should be passed over.
How Do You Analyze Aris Water Solutions Inc Shares?
A giant in the Utilities – Regulated Water market, Aris Water Solutions Inc (ARIS) is based in the USA. When comparing Aris Water Solutions Inc shares with other companies under Utilities, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 23.60, there is a growth in quarterly earnings of 22.95%.
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 16.04%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.38% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ARIS shares are owned by institutional investors to the tune of 86.38% at present.
