Solstice Advanced Mat (NASDAQ:SOLS) Price Target Raised to $101.00 at BMO Capital Markets

Solstice Advanced Mat (NASDAQ:SOLS) had its price target upped by stock analysts at BMO Capital Markets from $92.00 to $101.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. BMO Capital Markets’ price objective indicates a potential upside of 20.05% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the company. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Thursday, May 14th. UBS Group boosted their target price on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a report on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $78.17.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS opened at $84.13 on Friday. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80. The stock has a market cap of $13.36 billion and a price-to-earnings ratio of 94.53. The stock’s 50 day moving average price is $81.24 and its 200 day moving average price is $67.75. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Solstice Advanced Mat

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $893,275,000. State Street Corp purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $245,276,000. Morgan Stanley purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $195,151,000. Madison Avenue Partners LP purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $135,172,000. Finally, UBS Group AG purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $130,269,000.

Solstice Advanced Mat Company Profile

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.