Solaris Energy Infrastructure (NASDAQ:SEI) Trading Up 5.5% – Should You Buy?

Solaris Energy Infrastructure, Inc. (NASDAQ:SEI) shares traded up 5.5% on Wednesday . The company traded as high as $25.74 and last traded at $25.33. 161,948 shares changed hands during trading, a decline of 84% from the average session volume of 984,000 shares. The stock had previously closed at $24.00.

Analyst Ratings Changes

A number of analysts have commented on SEI shares. Pickering Energy Partners upgraded shares of Solaris Energy Infrastructure from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 6th. Tudor Pickering raised Solaris Energy Infrastructure to a “strong-buy” rating in a report on Wednesday, January 22nd. Tudor, Pickering, Holt & Co. began coverage on Solaris Energy Infrastructure in a research report on Wednesday, January 22nd. They set a “buy” rating and a $41.00 price objective on the stock. Finally, Stifel Nicolaus upped their target price on Solaris Energy Infrastructure from $30.00 to $42.00 and gave the company a “buy” rating in a report on Friday, January 24th.

Solaris Energy Infrastructure Trading Up 9.5 %

The stock has a market cap of $1.91 billion, a price-to-earnings ratio of 50.10 and a beta of 1.38. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.40 and a current ratio of 3.61. The company has a fifty day moving average of $28.06.

Solaris Energy Infrastructure (NASDAQ:SEI) last posted its earnings results on Monday, November 4th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06). The business had revenue of $75.02 million for the quarter, compared to analyst estimates of $76.50 million. Solaris Energy Infrastructure had a return on equity of 6.66% and a net margin of 4.80%. During the same period last year, the business earned $0.19 EPS. Analysts predict that Solaris Energy Infrastructure, Inc. will post 0.36 earnings per share for the current year.

Solaris Energy Infrastructure Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, December 6th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.68%. Solaris Energy Infrastructure’s payout ratio is currently 109.09%.

Insider Activity at Solaris Energy Infrastructure

In other news, Director James R. Burke sold 8,000 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $16.72, for a total transaction of $133,760.00. Following the sale, the director now owns 16,277 shares of the company’s stock, valued at approximately $272,151.44. This represents a 32.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 34.71% of the stock is owned by insiders.

Solaris Energy Infrastructure Company Profile

Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.