News headlines about Solaris Oilfield Infrastructure (NYSE:SOI) have been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Solaris Oilfield Infrastructure earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.2852111066192 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- $32.66 Million in Sales Expected for Solaris Oilfield Infrastructure Inc (SOI) This Quarter (americanbankingnews.com)
- Solaris Oilfield Infrastructure Inc (SOI) Expected to Announce Earnings of $0.30 Per Share (americanbankingnews.com)
- Solaris lands transload facility near Kingfisher (enidnews.com)
- Solaris Oilfield Infrastructure Inc (SOI) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- FY2019 Earnings Estimate for Solaris Oilfield Infrastructure Inc (SOI) Issued By Imperial Capital (americanbankingnews.com)
SOI has been the subject of several analyst reports. Imperial Capital reiterated an “outperform” rating and issued a $26.00 target price on shares of Solaris Oilfield Infrastructure in a report on Wednesday, January 24th. Citigroup raised their price objective on shares of Solaris Oilfield Infrastructure to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 12th. Zacks Investment Research upgraded shares of Solaris Oilfield Infrastructure from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a research report on Thursday, January 11th. Finally, Piper Jaffray Companies set a $24.00 price objective on shares of Solaris Oilfield Infrastructure and gave the company a “buy” rating in a research report on Monday, December 25th. One equities research analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $20.04.
Solaris Oilfield Infrastructure (NYSE:SOI) last announced its earnings results on Tuesday, March 6th. The company reported $0.20 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.01). Solaris Oilfield Infrastructure had a net margin of 12.50% and a return on equity of 11.07%. The business had revenue of $25.20 million for the quarter, compared to the consensus estimate of $24.22 million. The business’s revenue was up 245.8% on a year-over-year basis. analysts anticipate that Solaris Oilfield Infrastructure will post 1.79 earnings per share for the current fiscal year.
In other Solaris Oilfield Infrastructure news, insider Cynthia M. Durrett sold 21,219 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $21.65, for a total value of $459,391.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Howard Keenan, Jr. sold 1,408,388 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $21.65, for a total value of $30,491,600.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 2,059,988 shares of company stock worth $44,598,740.
Solaris Oilfield Infrastructure Company Profile
Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.
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