Aris Water Solutions, Inc. (NYSE:ARIS - Free Report) - Equities research analysts at Seaport Res Ptn boosted their FY2025 earnings per share (EPS) estimates for Aris Water Solutions in a report released on Wednesday, November 6th. Seaport Res Ptn analyst J. Campbell now expects that the company will post earnings per share of $1.02 for the year, up from their previous forecast of $1.00. The consensus estimate for Aris Water Solutions' current full-year earnings is $0.88 per share.
A number of other equities analysts have also recently issued reports on ARIS. The Goldman Sachs Group raised their target price on Aris Water Solutions from $18.50 to $21.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Stifel Nicolaus increased their target price on Aris Water Solutions from $20.00 to $26.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. Evercore ISI increased their target price on Aris Water Solutions from $20.00 to $25.00 and gave the stock an "outperform" rating in a report on Wednesday, November 6th. US Capital Advisors upgraded Aris Water Solutions from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, October 28th. Finally, JPMorgan Chase & Co. downgraded shares of Aris Water Solutions from an "overweight" rating to a "neutral" rating and increased their price objective for the stock from $19.00 to $22.00 in a research note on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $18.50.
Get Our Latest Analysis on Aris Water Solutions
Aris Water Solutions Trading Up 6.8 %
Aris Water Solutions stock traded up $1.61 during mid-day trading on Monday, hitting $25.26. The stock had a trading volume of 1,017,885 shares, compared to its average volume of 361,641. The stock has a 50-day simple moving average of $16.91 and a two-hundred day simple moving average of $16.07. The stock has a market capitalization of $1.47 billion, a PE ratio of 29.56 and a beta of 1.62. Aris Water Solutions has a 12 month low of $7.22 and a 12 month high of $25.62. The company has a current ratio of 1.72, a quick ratio of 1.30 and a debt-to-equity ratio of 0.62.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. Kennedy Capital Management LLC lifted its holdings in shares of Aris Water Solutions by 3.8% during the first quarter. Kennedy Capital Management LLC now owns 594,686 shares of the company's stock worth $8,415,000 after purchasing an additional 21,515 shares during the period. Clearbridge Investments LLC lifted its holdings in shares of Aris Water Solutions by 7.2% during the first quarter. Clearbridge Investments LLC now owns 582,127 shares of the company's stock worth $8,237,000 after purchasing an additional 39,145 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Aris Water Solutions by 32.8% during the second quarter. Dimensional Fund Advisors LP now owns 563,976 shares of the company's stock worth $8,836,000 after purchasing an additional 139,259 shares during the period. American Century Companies Inc. lifted its holdings in shares of Aris Water Solutions by 140.3% during the second quarter. American Century Companies Inc. now owns 487,840 shares of the company's stock worth $7,644,000 after purchasing an additional 284,788 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of Aris Water Solutions by 93.5% during the second quarter. Renaissance Technologies LLC now owns 198,000 shares of the company's stock worth $3,103,000 after purchasing an additional 95,700 shares during the period. 39.71% of the stock is owned by institutional investors.
Aris Water Solutions Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 5th will be issued a $0.105 dividend. The ex-dividend date is Thursday, December 5th. This represents a $0.42 annualized dividend and a yield of 1.66%. Aris Water Solutions's dividend payout ratio is currently 52.50%.
About Aris Water Solutions
(
Get Free Report)
Aris Water Solutions, Inc, an environmental infrastructure and solutions company, provides water handling and recycling solutions. The company's produced water handling business gathers, transports, unless recycled, and handles produced water generated from oil and natural gas production. Its water solutions business develops and operates recycling facilities to treat, store, and recycle produced water.
Further Reading
Before you consider Aris Water Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aris Water Solutions wasn't on the list.
While Aris Water Solutions currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
