Solstice Advanced Mat (NASDAQ:SOLS) Price Target Raised to $95.00

Solstice Advanced Mat (NASDAQ:SOLS) had its target price increased by analysts at Mizuho from $85.00 to $95.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Mizuho’s target price suggests a potential upside of 7.22% from the company’s previous close.

Other equities analysts have also issued research reports about the company. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research report on Friday, May 22nd. TD Cowen initiated coverage on shares of Solstice Advanced Mat in a research report on Monday, June 8th. They issued a “hold” rating and a $90.00 target price on the stock. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Royal Bank Of Canada lifted their price target on shares of Solstice Advanced Mat from $100.00 to $102.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, Truist Financial started coverage on shares of Solstice Advanced Mat in a report on Monday, June 8th. They issued a “hold” rating and a $90.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Solstice Advanced Mat has an average rating of “Hold” and a consensus price target of $89.50.

Solstice Advanced Mat Trading Up 7.3%

NASDAQ:SOLS opened at $88.60 on Wednesday. The company has a 50-day moving average price of $83.20 and a 200-day moving average price of $72.57. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The stock has a market cap of $14.07 billion and a price-to-earnings ratio of 99.55.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The company had revenue of $991.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities analysts predict that Solstice Advanced Mat will post 2.62 EPS for the current year.

Institutional Investors Weigh In On Solstice Advanced Mat

Institutional investors have recently made changes to their positions in the company. Folger Nolan Fleming Douglas Capital Management Inc. increased its position in shares of Solstice Advanced Mat by 3.3% during the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company’s stock valued at $343,000 after acquiring an additional 146 shares in the last quarter. Global Trust Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the 1st quarter worth $26,000. Princeton Global Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the 1st quarter worth $27,000. Westfuller Advisors LLC purchased a new position in shares of Solstice Advanced Mat in the first quarter worth $36,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Solstice Advanced Mat in the first quarter worth $37,000.

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.