Aris Water Solutions, Inc. (NYSE:ARIS) finds itself under the careful scrutiny of financial analysts, with recent reports indicating a prevailing “Hold” recommendation across six prominent research firms. This collective assessment, alongside varying individual ratings, paints a nuanced picture of the company’s current investment landscape, setting an average 1-year target price of $26.50.
Diving deeper into the analyst consensus, four investment firms have opted for a “Hold” rating, signifying a cautious yet stable outlook, while two have assigned a “Buy” rating, suggesting potential for growth. These recommendations reflect diverse perspectives on the environmental infrastructure and solutions provider’s market position and future prospects within the Water Solutions Investment sector.
Several equities research analysts have recently adjusted their stances on ARIS. Notably, a firm downgraded Aris Water Solutions from “hold” to “sell,” signaling increased caution. Concurrently, Wells Fargo & Company decreased their target price from $29.00 to $23.00, maintaining an “equal weight” rating, while Citigroup reaffirmed a “neutral” rating, indicating a wait-and-see approach for this ARIS Stock Analysis.
Further adding to the analytical landscape, JPMorgan Chase & Co. initiated coverage with a “neutral” rating and a $25.00 target price, reflecting a steady, albeit unaggressive, view. Meanwhile, The Goldman Sachs Group adjusted their target price from $34.00 to $30.00, yet impressively retained a “buy” rating, underscoring their belief in the company’s long-term value despite a recalibration of short-term expectations. This continuous review by Brokerage Ratings provides critical insights.
Examining the company’s stock performance, shares recently opened at $19.72, navigating a 52-week range between a low of $13.34 and a high of $33.95. The company exhibits a healthy debt-to-equity ratio of 0.63, a quick ratio of 1.87, and an identical current ratio of 1.87, collectively showcasing robust liquidity. With a market capitalization of $1.17 billion, a P/E ratio of 24.05, and a beta of 1.67, these figures are central to understanding the Financial Performance ARIS.
Aris Water Solutions recently delivered its quarterly earnings, surpassing analyst expectations with $0.25 earnings per share against a consensus of $0.23. The firm also reported strong revenue of $120.49 million, exceeding estimates of $115.72 million. These results underscore the company’s operational efficiency, complemented by a 3.77% return on equity and a 6.15% net margin, contributing positively to its overall Investment Ratings.
Reinforcing its commitment to shareholder returns, Aris Water Solutions recently declared a quarterly dividend of $0.14, paid on June 18th, equating to an annualized dividend of $0.56 and a yield of 2.8%. With a dividend payout ratio of 68.29%, the company demonstrates a balanced approach to reinvestment and shareholder distribution. Sell-side analysts project an earnings per share of $0.91 for the current year, making it an interesting case for Dividend Stocks.
At its core, Aris Water Solutions, Inc. operates as an environmental infrastructure and solutions company, specializing in water handling and recycling for the Oil and Gas Services industry. Their primary business involves gathering, transporting, and managing produced water generated from oil and natural gas production, alongside developing and operating recycling facilities to treat, store, and repurpose this water, highlighting their crucial role in sustainable energy practices.
