Streetbeat News

ARIS

Aris Water Solutions, Inc.

https://www.ariswater.com

Industry

Regulated Water

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. The company was founded in 2015 and is headquartered in Houston, Texas.

Open

27.43

Mkt cap

828M

Volume

569K

High

27.43

P/E Ratio

33.32

52-wk high

27.58

Low

26.73

Div yield

0.01

52-wk low

7.22

Aris Water Solutions (NYSE:ARIS) surpassed Q1 earnings estimates with a 48.0% beat on EPS and a revenue increase of $11.84M from last year. Competitors LanzaTech Global, Enviri, and Perma-Fix Envirn Servs showed mixed results in their earnings, with Enviri outperforming expectations. Aris Water Solutions's stock price saw a 2.56% increase following the announcement.

Portfolio Pulse from Benzinga Insights

May 14, 2024 | 9:55 pm

Evercore ISI Group analyst Samantha Hoh maintains an Outperform rating on Aris Water Solutions and raises the price target from $16 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:44 pm

Aris Water Solutions (NYSE:ARIS) has been the subject of diverse analyst opinions over the last three months, with recent evaluations showing a bullish trend. The average 12-month price target for ARIS has risen to $15.1, marking a 13.53% increase from the previous target of $13.30. Analysts from firms like Stifel, Goldman Sachs, Wells Fargo, and Citigroup have raised their price targets, reflecting optimism about the company's performance and market position. Aris Water Solutions, an environmental infrastructure and solutions company, has shown notable financial performance with a revenue growth rate of 25.65% as of December 31, 2023, and impressive profitability metrics such as a net margin of 4.09% and ROE of 1.32%.

Portfolio Pulse from Benzinga Insights

May 09, 2024 | 2:01 pm

Stifel analyst Selman Akyol has maintained a Buy rating on Aris Water Solutions (NYSE:ARIS) and increased the price target from $17 to $20.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 1:56 pm

Aris Water Solutions (NYSE:ARIS) reported Q1 2024 adjusted EPS of $0.34, surpassing the $0.23 estimate, with a 47.83% beat. Sales reached $103.406M, exceeding the $96.516M forecast by 7.14%, marking a 12.92% increase from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 9:46 pm

Aris Water Solutions (NYSE:ARIS) received mixed analyst ratings in the latest quarter, with 3 bullish and 1 indifferent rating. The average 12-month price target is $13.88, reflecting a 12.12% increase from the previous target. Analysts from Goldman Sachs, Wells Fargo, and Citigroup raised their price targets, indicating a positive outlook on ARIS's financial health, which includes a revenue growth rate of 25.65%, a net margin of 4.09%, and an impressive ROE of 1.32%.

Portfolio Pulse from Benzinga Insights

April 10, 2024 | 6:00 pm

Goldman Sachs analyst John Mackay maintains a Buy rating on Aris Water Solutions (NYSE:ARIS) and raises the price target from $14.5 to $16.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 1:22 pm

Aris Water Solutions (NYSE:ARIS) has seen diverse analyst ratings over the last three months, with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for ARIS is now $13.62, up from $11.67, indicating a 16.71% increase. Analysts from Goldman Sachs, Wells Fargo, Citigroup, and Seaport Global have adjusted their ratings and price targets, reflecting optimism about the company's financial performance, including a significant revenue growth rate of 25.65%, a net margin of 4.09%, and strong ROE and ROA figures. ARIS's market capitalization is below industry averages, but its financial metrics suggest robust health and growth potential.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 2:00 pm

Goldman Sachs analyst John Mackay has maintained a Buy rating on Aris Water Solutions (NYSE:ARIS) and increased the price target from $13 to $14.5.

Portfolio Pulse from Benzinga Newsdesk

March 11, 2024 | 1:06 pm

Wells Fargo analyst Praneeth Satish has maintained an Equal-Weight rating on Aris Water Solutions (NYSE:ARIS) and raised the price target from $9 to $11.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 11:26 am

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