Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) – Oppenheimer Holdings boosted their FY2017 EPS estimates for shares of Solaris Oilfield Infrastructure in a research report issued to clients and investors on Tuesday. Oppenheimer Holdings analyst S. Schneeberger now anticipates that the company will post earnings per share of $0.45 for the year, up from their previous estimate of $0.43. Oppenheimer Holdings currently has a “Outperform” rating and a $15.00 target price on the stock. Oppenheimer Holdings also issued estimates for Solaris Oilfield Infrastructure’s Q4 2017 earnings at $0.16 EPS, FY2018 earnings at $1.10 EPS and FY2019 earnings at $1.54 EPS.

WARNING: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this story on another website, it was copied illegally and reposted in violation of US and international copyright & trademark legislation. The original version of this story can be accessed at https://www.thecerbatgem.com/2017/08/10/fy2017-eps-estimates-for-solaris-oilfield-infrastructure-inc-boosted-by-oppenheimer-holdings-nysesoi.html.

Other equities analysts have also issued research reports about the stock. Wunderlich started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They set a “buy” rating and a $17.00 target price for the company. Piper Jaffray Companies restated a “buy” rating and set a $15.50 target price on shares of Solaris Oilfield Infrastructure in a research report on Thursday, August 3rd. Seaport Global Securities restated a “buy” rating on shares of Solaris Oilfield Infrastructure in a research report on Thursday, July 20th. Goldman Sachs Group, Inc. (The) started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They set a “buy” rating and a $20.50 target price for the company. Finally, CIBC started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They set an “outperform” rating and a $15.00 target price for the company. Eleven investment analysts have rated the stock with a buy rating, The stock presently has an average rating of “Buy” and an average target price of $16.25.

Shares of Solaris Oilfield Infrastructure (NYSE SOI) opened at 12.71 on Thursday. The stock has a market cap of $136.61 million and a PE ratio of 17.73. Solaris Oilfield Infrastructure has a 52-week low of $9.90 and a 52-week high of $14.07. The stock’s 50 day moving average is $12.20 and its 200 day moving average is $11.87.

A number of institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. acquired a new position in Solaris Oilfield Infrastructure during the second quarter valued at approximately $173,000. Schwab Charles Investment Management Inc. acquired a new position in Solaris Oilfield Infrastructure during the second quarter valued at approximately $198,000. Boston Private Wealth LLC acquired a new position in Solaris Oilfield Infrastructure during the second quarter valued at approximately $323,000. Bank of New York Mellon Corp acquired a new position in Solaris Oilfield Infrastructure during the second quarter valued at approximately $332,000. Finally, Spark Investment Management LLC acquired a new position in Solaris Oilfield Infrastructure during the second quarter valued at approximately $1,806,000. Institutional investors and hedge funds own 23.73% of the company’s stock.

About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.

Earnings History and Estimates for Solaris Oilfield Infrastructure (NYSE:SOI)

Receive News & Stock Ratings for Solaris Oilfield Infrastructure Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Oilfield Infrastructure Inc. and related stocks with our FREE daily email newsletter.