Taking the lead: Aris Water Solutions Inc (ARIS)

With 0.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.86 million shares. The 52-week range on ARIS shows that it touched its highest point at $33.95 and its lowest point at $13.34 during that stretch. It currently has a 1-year price target of $31.39. With its current market cap of 703.07 million, ARIS has annualized dividend of $0.46 while the current yield stands at 2.11%. Beta for the stock currently stands at 1.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ARIS was down-trending over the past week, with a drop of -18.84%, but this was down by -20.04% over a month. Three-month performance dropped to -20.22% while six-month performance rose 2.67%. The stock gained 38.08% in the past year, while it has lost -10.06% so far this year. A look at the trailing 12-month EPS for ARIS yields 0.82 with Next year EPS estimates of 1.57. For the next quarter, that number is 0.31. This implies an EPS growth rate of 7.83% for this year and 15.59% for next year. EPS is expected to grow by 14.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.61%.

Float and Shares Shorts:

At present, 32.63 million ARIS shares are outstanding with a float of 28.07 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ARIS since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.33128 being high and $1.15286 being low. For ARIS, this leads to a yearly average estimate of $1.24893.