Solstice Advanced Mat (NASDAQ:SOLS) Sees Unusually-High Trading Volume After Analyst Upgrade

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) shares saw an uptick in trading volume on Thursday after Mizuho raised their price target on the stock from $54.00 to $65.00. Mizuho currently has a neutral rating on the stock. 2,952,134 shares were traded during trading, an increase of 7% from the previous session’s volume of 2,748,468 shares.The stock last traded at $83.11 and had previously closed at $74.95.

Several other research firms have also commented on SOLS. Wall Street Zen lowered shares of Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Alembic Global Advisors assumed coverage on shares of Solstice Advanced Mat in a research note on Monday, December 1st. They issued an “overweight” rating and a $60.00 price target for the company. Weiss Ratings initiated coverage on Solstice Advanced Mat in a research report on Thursday, January 15th. They set a “sell (d+)” rating on the stock. Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Wednesday, January 7th. Finally, UBS Group set a $75.00 target price on Solstice Advanced Mat in a research note on Thursday, January 29th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $61.60.

Check Out Our Latest Report on Solstice Advanced Mat

Solstice Advanced Mat News Summary

Here are the key news stories impacting Solstice Advanced Mat this week:

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Ferguson Wellman Capital Management Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $2,259,000. Parsons Capital Management Inc. RI purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $625,000. JFS Wealth Advisors LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $121,000. Pathway Financial Advisors LLC purchased a new position in Solstice Advanced Mat during the 4th quarter worth approximately $337,000. Finally, Tradewinds Capital Management LLC purchased a new position in Solstice Advanced Mat during the 4th quarter worth approximately $89,000.

Solstice Advanced Mat Stock Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.53 and a quick ratio of 0.93. The business has a 50-day moving average of $55.41.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last announced its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

About Solstice Advanced Mat

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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.

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