In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Aris Water Solutions Inc (NYSE: ARIS) closed at $15.01 in the last session, up 2.53% from day before closing price of $14.64. In other words, the price has increased by $2.53 from its previous closing price. On the day, 0.65 million shares were traded. ARIS stock price reached its highest trading level at $15.33 during the session, while it also had its lowest trading level at $14.91.
Ratios:
We take a closer look at ARIS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 90.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.35.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Seaport Research Partners on December 13, 2023, initiated with a Buy rating and assigned the stock a target price of $15.
Wells Fargo Downgraded its Overweight to Equal Weight on December 16, 2022, whereas the target price for the stock was revised from $20 to $17.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 13 ’23 when Hernandez Jacinto J bought 2,756 shares for $7.42 per share. The transaction valued at 20,450 led to the insider holds 21,072 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARIS now has a Market Capitalization of 850439616 and an Enterprise Value of 1256649728. As of this moment, Aris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.44, and their Forward P/E ratio for the next fiscal year is 11.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 3.205 whereas that against EBITDA is 7.844.
Stock Price History:
Over the past 52 weeks, ARIS has reached a high of $15.31, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is 11.87%, while the 200-Day Moving Average is calculated to be 45.18%.
Shares Statistics:
According to the various share statistics, ARIS traded on average about 317.72K shares per day over the past 3-months and 311880 shares per day over the past 10 days. A total of 30.25M shares are outstanding, with a floating share count of 25.46M. Insiders hold about 16.64% of the company’s shares, while institutions hold 81.63% stake in the company. Shares short for ARIS as of 1713139200 were 844737 with a Short Ratio of 2.66, compared to 1710460800 on 939208. Therefore, it implies a Short% of Shares Outstanding of 844737 and a Short% of Float of 3.42.
Dividends & Splits
The forward annual dividend rate for ARIS is 0.36, which was 0.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.024590164
