Solaris Energy Infrastructure, Inc. (SEI) – What Are Brokerages Thinking About This Stock?

Shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) have been assigned a consensus rating of “Buy” from the twelve ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $95.17.

A number of equities research analysts have weighed in on the company. Citigroup lifted their target price on Solaris Energy Infrastructure from $84.00 to $100.00 and gave the stock a “buy” rating in a report on Thursday, September 24th. Weiss Ratings cut Solaris Energy Infrastructure from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Zacks Research upgraded Solaris Energy Infrastructure from a “hold” rating to a “strong-buy” rating in a report on Friday, October 9th. Wall Street Zen raised shares of Solaris Energy Infrastructure from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 3rd. Finally, Northland Securities set a $111.00 price objective on shares of Solaris Energy Infrastructure in a research report on Wednesday, September 16th.

Insider Activity

In related news, Director A. Teague bought 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average cost of $64.21 per share, with a total value of $250,419.00. Following the completion of the purchase, the director directly owned 116,865 shares in the company, valued at $7,503,901.65. The trade was a 3.45% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 20.23% of the stock is owned by insiders.

Institutional Investors Weigh In On Solaris Energy Infrastructure

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Gibbs Wealth Management raised its holdings in shares of Solaris Energy Infrastructure by 7.3% during the third quarter. Gibbs Wealth Management now owns 6,812 shares of the company’s stock valued at $485,000 after purchasing an additional 461 shares during the period. Wedbush Securities Inc. boosted its position in shares of Solaris Energy Infrastructure by 10.6% during the 3rd quarter. Wedbush Securities Inc. now owns 9,137 shares of the company’s stock worth $650,000 after purchasing an additional 877 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of Solaris Energy Infrastructure by 893.6% during the 3rd quarter. Sterling Capital Management LLC now owns 1,858 shares of the company’s stock worth $132,000 after purchasing an additional 1,671 shares in the last quarter. Yousif Capital Management LLC acquired a new stake in shares of Solaris Energy Infrastructure in the 3rd quarter valued at about $1,221,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of Solaris Energy Infrastructure by 111.8% in the 3rd quarter. SBI Securities Co. Ltd. now owns 1,167 shares of the company’s stock valued at $83,000 after buying an additional 616 shares during the period. 67.44% of the stock is owned by institutional investors.

Solaris Energy Infrastructure Stock Performance

SEI stock opened at $58.73 on Friday. The stock has a 50-day moving average price of $64.19 and a 200-day moving average price of $66.71. Solaris Energy Infrastructure has a 1-year low of $38.50 and a 1-year high of $86.19. The company has a current ratio of 4.12, a quick ratio of 4.03 and a debt-to-equity ratio of 2.23. The firm has a market cap of $4.50 billion, a PE ratio of 69.09 and a beta of 1.28.

Solaris Energy Infrastructure (NYSE:SEI) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.31 by $0.08. Solaris Energy Infrastructure had a return on equity of 13.26% and a net margin of 7.19%. The company had revenue of $219.40 million for the quarter. As a group, equities research analysts expect that Solaris Energy Infrastructure will post 1.42 earnings per share for the current year.

Solaris Energy Infrastructure Company Profile

Solaris Energy Infrastructure, Inc provides infrastructure solutions for energy-intensive industries in North America. The company develops, deploys and operates power-generation and power-management systems designed to deliver reliable electricity to customers with substantial or specialized energy needs, including data centers and other high-demand facilities.

Solaris also provides logistics infrastructure and related services for the oil and natural gas industry. Its offerings have included mobile and fixed proppant-management systems, silo storage, transloading and last-mile delivery solutions used to transport and manage sand and other materials at wellsites.

Founded in 2014 as Solaris Oilfield Infrastructure, the company historically focused on improving the efficiency of oilfield logistics before expanding into broader energy infrastructure and power solutions.