Solstice Advanced Mat (NASDAQ:SOLS) Receives $67.20 Average PT from Brokerages

Solstice Advanced Mat (NASDAQ:SOLS) has been given an average rating of “Hold” by the seven analysts that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $73.60.

A number of research firms have recently weighed in on SOLS. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research note on Friday, February 13th. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Finally, Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a research note on Thursday, May 14th.

Institutional Investors Weigh In On Solstice Advanced Mat

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

Solstice Advanced Mat Stock Down 3.6%

Shares of SOLS stock opened at $82.07 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The business’s 50-day moving average price is $78.41. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The company has a market capitalization of $13.03 billion and a price-to-earnings ratio of 92.21.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, research analysts expect that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s payout ratio is 33.71%.

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.