Making a noteworthy insider sell on May 14, Amanda Brock, President and CEO at Aris Water Solutions (NYSE:ARIS), is reported in the latest SEC filing.
What Happened: Brock opted to sell 200,000 shares of Aris Water Solutions, according to a Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday. The transaction’s total worth stands at $3,316,048.
As of Wednesday morning, Aris Water Solutions shares are down by 2.46%, currently priced at $16.29.
About Aris Water Solutions
Aris Water Solutions Inc is an environmental infrastructure and solutions company that helps customers reduce their water and carbon footprints. It has two primary revenue streams. The Produced Water Handling business gathers, transports, and, unless recycled, handles produced water generated from oil and natural gas production. The Water Solutions business develops and operates recycling facilities to treat, store and recycle produced water.
Aris Water Solutions: Financial Performance Dissected
Revenue Growth: Aris Water Solutions displayed positive results in 3 months. As of 31 March, 2024, the company achieved a solid revenue growth rate of approximately 12.92%. This indicates a notable increase in the company’s top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Exploring Profitability:
Gross Margin: Achieving a high gross margin of 42.88%, the company performs well in terms of cost management and profitability within its sector.
Earnings per Share (EPS): Aris Water Solutions’s EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.23.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.32, caution is advised due to increased financial risk.
Navigating Market Valuation:
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 23.52, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.25, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
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