Solaris Oilfield Infrastructure (NYSE:SOI) Earning Somewhat Favorable Press Coverage, Accern Reports

News headlines about Solaris Oilfield Infrastructure (NYSE:SOI) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Solaris Oilfield Infrastructure earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0826698330399 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

A number of research analysts recently weighed in on SOI shares. Imperial Capital reissued an “outperform” rating and issued a $26.00 price objective on shares of Solaris Oilfield Infrastructure in a research note on Wednesday, January 24th. Zacks Investment Research raised Solaris Oilfield Infrastructure from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Thursday, January 11th. Citigroup boosted their target price on Solaris Oilfield Infrastructure to $26.00 and gave the stock an “outperform” rating in a research report on Friday, January 12th. Finally, Piper Jaffray set a $24.00 price objective on Solaris Oilfield Infrastructure and gave the company a “buy” rating in a report on Monday, December 25th. One investment analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $20.04.

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SOI stock traded up $0.34 during mid-day trading on Thursday, reaching $16.56. 285,719 shares of the company traded hands, compared to its average volume of 452,523. Solaris Oilfield Infrastructure has a fifty-two week low of $9.90 and a fifty-two week high of $23.98. The company has a current ratio of 4.27, a quick ratio of 3.90 and a debt-to-equity ratio of 0.10.

Solaris Oilfield Infrastructure (NYSE:SOI) last issued its earnings results on Tuesday, March 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. Solaris Oilfield Infrastructure’s revenue for the quarter was up 245.8% on a year-over-year basis. equities research analysts anticipate that Solaris Oilfield Infrastructure will post 1.72 earnings per share for the current fiscal year.

In other news, insider Cynthia M. Durrett sold 21,219 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $21.65, for a total transaction of $459,391.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Howard Keenan, Jr. sold 1,408,388 shares of the stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $21.65, for a total transaction of $30,491,600.20. The disclosure for this sale can be found here. Insiders sold 2,059,988 shares of company stock valued at $44,598,740 over the last quarter.

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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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