Solstice Advanced Mat (NASDAQ:SOLS) Stock Picked Up by Analysts at Seaport Research Partners

Stock analysts at Seaport Research Partners assumed coverage on shares of Solstice Advanced Mat (NASDAQ:SOLS) in a research note issued on Wednesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $80.00 price target on the stock. Seaport Research Partners’ target price would indicate a potential upside of 30.57% from the stock’s previous close.

Several other research firms have also weighed in on SOLS. BMO Capital Markets lowered their price target on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Wednesday, July 22nd. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Wall Street Zen downgraded shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Finally, Morgan Stanley lowered shares of Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $78.11.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $61.27 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The business has a 50-day moving average of $59.58 and a 200-day moving average of $71.20. The stock has a market capitalization of $9.73 billion and a price-to-earnings ratio of 34.62. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last released its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, sell-side analysts predict that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Solstice Advanced Mat

Hedge funds have recently added to or reduced their stakes in the business. State Street Corp bought a new position in Solstice Advanced Mat during the second quarter worth $448,557,000. Madison Avenue Partners LP bought a new position in shares of Solstice Advanced Mat in the fourth quarter valued at about $135,172,000. Bank of America Corp DE bought a new position in shares of Solstice Advanced Mat in the second quarter valued at about $153,615,000. Castle Hook Partners LP acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $57,828,000. Finally, Alkeon Capital Management LLC acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $54,652,000.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.