Solstice Advanced Mat (NASDAQ:SOLS) Receives $67.00 Average Price Target from Analysts

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $67.00.

A number of research firms recently issued reports on SOLS. Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a report on Wednesday, January 7th. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Alembic Global Advisors started coverage on Solstice Advanced Mat in a research note on Monday, December 1st. They issued an “overweight” rating and a $60.00 price objective for the company. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, UBS Group restated a “buy” rating and set a $87.00 target price on shares of Solstice Advanced Mat in a research note on Thursday, February 12th.

Solstice Advanced Mat Stock Up 5.9%

Shares of SOLS opened at $76.35 on Monday. The stock has a market cap of $12.12 billion and a P/E ratio of 293.65. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $84.44. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. The business’s 50 day simple moving average is $71.04.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were paid a dividend of $0.075 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s payout ratio is presently 115.38%.

Institutional Trading of Solstice Advanced Mat

A number of hedge funds and other institutional investors have recently bought and sold shares of SOLS. Ferguson Wellman Capital Management Inc. purchased a new stake in Solstice Advanced Mat during the 4th quarter worth about $2,259,000. Parsons Capital Management Inc. RI acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $625,000. JFS Wealth Advisors LLC acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $121,000. Pathway Financial Advisors LLC purchased a new stake in Solstice Advanced Mat during the fourth quarter worth approximately $337,000. Finally, Tradewinds Capital Management LLC purchased a new stake in Solstice Advanced Mat during the fourth quarter worth approximately $89,000.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.