Aris Water Solutions, Inc. (NYSE:ARIS – Free Report) – US Capital Advisors increased their Q4 2024 earnings estimates for shares of Aris Water Solutions in a note issued to investors on Monday, February 3rd. US Capital Advisors analyst J. Carreker now forecasts that the company will earn $0.45 per share for the quarter, up from their prior forecast of $0.42. US Capital Advisors currently has a “Moderate Buy” rating on the stock. The consensus estimate for Aris Water Solutions’ current full-year earnings is $0.91 per share. US Capital Advisors also issued estimates for Aris Water Solutions’ Q1 2025 earnings at $0.40 EPS, Q2 2025 earnings at $0.45 EPS, Q3 2025 earnings at $0.51 EPS, Q4 2025 earnings at $0.50 EPS and FY2025 earnings at $1.85 EPS.
A number of other brokerages have also recently issued reports on ARIS. Citigroup reiterated a “neutral” rating and issued a $26.00 target price (up from $18.00) on shares of Aris Water Solutions in a report on Wednesday, January 8th. Stifel Nicolaus lifted their price objective on shares of Aris Water Solutions from $26.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, December 17th. Evercore ISI downgraded Aris Water Solutions from an “outperform” rating to an “in-line” rating and increased their price objective for the stock from $25.00 to $27.00 in a research note on Wednesday, January 15th. JPMorgan Chase & Co. lowered shares of Aris Water Solutions from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $19.00 to $22.00 in a research note on Wednesday, November 6th. Finally, Wells Fargo & Company increased their price target on shares of Aris Water Solutions from $21.00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 18th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $26.50.
Aris Water Solutions Stock Up 7.5 %
Shares of NYSE:ARIS opened at $27.90 on Wednesday. The firm has a market cap of $1.62 billion, a P/E ratio of 34.87 and a beta of 1.94. Aris Water Solutions has a 52-week low of $8.42 and a 52-week high of $30.40. The business’s 50 day simple moving average is $26.07 and its two-hundred day simple moving average is $20.79. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.72 and a current ratio of 1.72.
Institutional Trading of Aris Water Solutions
Several hedge funds have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new stake in Aris Water Solutions in the 4th quarter worth approximately $33,000. Meeder Asset Management Inc. purchased a new stake in shares of Aris Water Solutions in the 3rd quarter worth approximately $39,000. New York State Teachers Retirement System grew its position in Aris Water Solutions by 2,346.0% during the 3rd quarter. New York State Teachers Retirement System now owns 2,446 shares of the company’s stock valued at $41,000 after purchasing an additional 2,346 shares during the last quarter. Algert Global LLC bought a new position in shares of Aris Water Solutions in the second quarter worth approximately $199,000. Finally, Tidal Investments LLC purchased a new stake in shares of Aris Water Solutions during the third quarter valued at approximately $252,000. 39.71% of the stock is owned by institutional investors.
Insider Transactions at Aris Water Solutions
In related news, major shareholder S Corp Gable sold 38,739 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $25.03, for a total value of $969,637.17. Following the completion of the sale, the insider now owns 3,111,738 shares in the company, valued at $77,886,802.14. The trade was a 1.23 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Debra Coy sold 1,500 shares of Aris Water Solutions stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $25.39, for a total transaction of $38,085.00. Following the transaction, the director now directly owns 42,082 shares in the company, valued at $1,068,461.98. This trade represents a 3.44 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,161,178 shares of company stock valued at $106,845,859. 22.46% of the stock is currently owned by corporate insiders.
Aris Water Solutions Company Profile
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
- Five stocks we like better than Aris Water Solutions
- How to Invest in Small Cap StocksĀ
- Price Plunge in Roblox Presents Opportunity for Robust Gains
- What Are Dividend Challengers?
- Billions in Buybacks: 4 Stocks Rewarding Shareholders Now
- CD Calculator: Certificate of Deposit Calculator
- 3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Receive News & Ratings for Aris Water Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aris Water Solutions and related companies with MarketBeat.com's FREE daily email newsletter.