Imperial Capital assumed coverage on shares of Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) in a report issued on Friday morning, Marketbeat Ratings reports. The firm issued an outperform rating and a $17.00 price target on the stock.

Other research analysts also recently issued reports about the company. Wunderlich initiated coverage on Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They set a buy rating and a $17.00 target price for the company. Seaport Global Securities started coverage on Solaris Oilfield Infrastructure in a research note on Monday, June 12th. They issued a buy rating and a $13.00 price target for the company. Goldman Sachs Group, Inc. (The) started coverage on Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued a buy rating and a $20.50 price target for the company. Piper Jaffray Companies restated a buy rating and issued a $15.50 price target on shares of Solaris Oilfield Infrastructure in a research note on Thursday, August 3rd. Finally, Raymond James Financial, Inc. started coverage on Solaris Oilfield Infrastructure in a research note on Thursday, July 20th. They issued an outperform rating for the company. Thirteen investment analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and a consensus target price of $16.20.

Solaris Oilfield Infrastructure (SOI) opened at 12.81 on Friday. Solaris Oilfield Infrastructure has a one year low of $9.90 and a one year high of $14.07. The stock’s 50 day moving average price is $12.46 and its 200-day moving average price is $11.91. The firm has a market capitalization of $139.69 million and a price-to-earnings ratio of 17.87.

Solaris Oilfield Infrastructure (NYSE:SOI) last issued its earnings results on Monday, August 14th. The company reported $0.41 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.34. The business had revenue of $13.39 million for the quarter, compared to the consensus estimate of $12.36 million. The company’s quarterly revenue was up 349.9% on a year-over-year basis. On average, equities research analysts expect that Solaris Oilfield Infrastructure will post $0.45 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This story was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another site, it was copied illegally and republished in violation of international trademark and copyright law. The original version of this story can be viewed at https://www.thecerbatgem.com/2017/08/21/solaris-oilfield-infrastructure-inc-soi-earns-outperform-rating-from-analysts-at-imperial-capital.html.

A number of institutional investors have recently made changes to their positions in SOI. Spark Investment Management LLC bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at $1,806,000. Emerald Mutual Fund Advisers Trust bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at $3,459,000. Hodges Capital Management Inc. bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at $6,284,000. Gilder Gagnon Howe & Co. LLC bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at $17,799,000. Finally, Schwab Charles Investment Management Inc. bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at $198,000. 31.72% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations 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.