Solstice Advanced Mat (NASDAQ:SOLS) Given New $95.00 Price Target at Mizuho

Solstice Advanced Mat (NASDAQ:SOLS) had its target price boosted by equities researchers at Mizuho from $85.00 to $95.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Mizuho’s price objective would suggest a potential upside of 7.22% from the stock’s current price.

Several other brokerages have also issued reports on SOLS. BMO Capital Markets lifted their target price on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Truist Financial initiated coverage on Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Solstice Advanced Mat in a research report on Friday, May 22nd. UBS Group upped their target price on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $89.50.

Solstice Advanced Mat Stock Up 7.3%

SOLS stock opened at $88.60 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $14.07 billion and a PE ratio of 99.55. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80. The stock has a 50-day simple moving average of $83.20 and a two-hundred day simple moving average of $72.57.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million during 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. On average, equities analysts predict that Solstice Advanced Mat will post 2.62 EPS for the current fiscal year.

Institutional Investors Weigh In On Solstice Advanced Mat

Large investors have recently added to or reduced their stakes in the company. Westerkirk Capital Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $25,000. DiNuzzo Private Wealth Inc. bought a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $26,000. Global Trust Asset Management LLC bought a new position in Solstice Advanced Mat during the 1st quarter valued at approximately $26,000. Heritage Wealth Advisors purchased a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $26,000. Finally, Hoey Investments Inc. purchased a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $27,000.

About Solstice Advanced Mat

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.