Solstice Advanced Mat (NASDAQ:SOLS) Rating Increased to Strong-Buy at Jefferies Financial Group

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by equities researchers at Jefferies Financial Group to a “strong-buy” rating in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports.

A number of other analysts have also weighed in on SOLS. Morgan Stanley lowered shares of Solstice Advanced Mat to a “buy” rating in a research note on Monday, July 13th. Mizuho cut their target price on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 15th. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research report on Wednesday, July 22nd. TD Cowen 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 target for the company. Finally, Truist Financial set a $75.00 price target on shares of Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $79.11.

Solstice Advanced Mat Trading Up 0.6%

SOLS opened at $61.37 on Thursday. The stock’s fifty day moving average is $63.04 and its two-hundred day moving average is $74.04. The company has a market capitalization of $9.75 billion and a P/E ratio of 34.67. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Analysts forecast that Solstice Advanced Mat will post 2.88 earnings per share for the current year.

Institutional Investors Weigh In On Solstice Advanced Mat

A number of institutional investors have recently added to or reduced their stakes in the stock. Westerkirk Capital Inc. purchased a new position in Solstice Advanced Mat in the fourth quarter valued at about $25,000. Global Trust Asset Management LLC purchased a new stake in shares of Solstice Advanced Mat during the first quarter valued at about $26,000. Heritage Wealth Advisors purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at about $26,000. Princeton Global Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the 1st quarter valued at about $27,000. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Solstice Advanced Mat in the 2nd quarter valued at about $27,000.

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.