Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) has been assigned a consensus rating of “Buy” from the thirteen analysts that are covering the stock, MarketBeat.com reports. Thirteen analysts have rated the stock with a buy rating. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $16.56.

A number of equities analysts have weighed in on SOI shares. Goldman Sachs Group, Inc. (The) started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued a “buy” rating and a $20.50 price objective for the company. Piper Jaffray Companies started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued an “overweight” rating and a $15.50 price objective for the company. Credit Suisse Group started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued an “outperform” rating and a $17.00 price objective for the company. Evercore ISI started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued an “outperform” rating and a $17.00 price objective for the company. Finally, Wunderlich started coverage on shares of Solaris Oilfield Infrastructure in a research report on Tuesday, June 6th. They issued a “buy” rating and a $17.00 price objective for the company.

Several institutional investors have recently modified their holdings of SOI. Teachers Advisors LLC bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at approximately $203,000. Alliancebernstein L.P. bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at approximately $125,000. Wells Fargo & Company MN bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at approximately $1,521,000. Schroder Investment Management Group bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at approximately $10,623,000. Finally, Oppenheimer & Co. Inc. bought a new position in shares of Solaris Oilfield Infrastructure during the second quarter valued at approximately $173,000. 31.72% of the stock is currently owned by institutional investors and hedge funds.

Solaris Oilfield Infrastructure (NYSE:SOI) traded down 1.99% on Tuesday, hitting $13.27. The stock had a trading volume of 387,959 shares. The company has a market cap of $144.70 million and a P/E ratio of 46.08. Solaris Oilfield Infrastructure has a 52-week low of $9.90 and a 52-week high of $14.07. The firm’s 50-day moving average is $12.69 and its 200-day moving average is $12.01.

Solaris Oilfield Infrastructure (NYSE:SOI) last posted its quarterly earnings data on Monday, August 14th. The company reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.34. The firm had revenue of $13.39 million during the quarter, compared to analysts’ expectations of $12.36 million. Solaris Oilfield Infrastructure’s quarterly revenue was up 349.9% on a year-over-year basis. Equities research analysts anticipate that Solaris Oilfield Infrastructure will post $0.53 earnings per share for the current fiscal year.

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Solaris Oilfield Infrastructure Company Profile

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)

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