Solstice Advanced Mat (NASDAQ:SOLS) Receives $79.11 Average Price Target from Analysts

Shares of Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) have received an average rating of “Moderate Buy” from the twelve ratings firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have covered the stock in the last year is $79.1111.

Several analysts recently weighed in on the stock. Morgan Stanley cut shares of Solstice Advanced Mat to a “buy” rating in a report on Monday, July 13th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. BMO Capital Markets dropped their price objective on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. Jefferies Financial Group assumed coverage on shares of Solstice Advanced Mat in a report on Thursday, September 3rd. They issued a “buy” rating and a $86.00 price objective on the stock. Finally, Zacks Research raised shares of Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd.

Check Out Our Latest Report on SOLS

Institutional Trading of Solstice Advanced Mat

Institutional investors have recently bought and sold shares of the business. Manning & Napier Advisors LLC acquired a new stake in shares of Solstice Advanced Mat during the 2nd quarter worth about $27,000. Global Trust Asset Management LLC purchased a new stake in Solstice Advanced Mat during the first quarter worth approximately $26,000. Compass Financial Management LLC acquired a new position in Solstice Advanced Mat in the second quarter valued at approximately $28,000. Princeton Global Asset Management LLC acquired a new position in Solstice Advanced Mat in the first quarter valued at approximately $27,000. Finally, Philadelphia Investment Partners LLC acquired a new position in Solstice Advanced Mat in the second quarter valued at approximately $34,000.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $57.31 on Monday. The stock has a market cap of $9.10 billion and a P/E ratio of 32.38. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The business’s fifty day simple moving average is $60.15 and its 200-day simple moving average is $72.61.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. The firm had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, equities analysts predict that Solstice Advanced Mat will post 2.88 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th were paid a $0.075 dividend. The ex-dividend date was Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 16.95%.

Solstice Advanced Mat Company Profile

(Get Free Report)

Solstice Advanced Materials, Inc (NASDAQ: SOLS) is an advanced materials company that develops and manufactures specialty chemicals and performance materials for industrial and commercial applications. The company focuses on solutions designed to support energy efficiency, lower environmental impact and improved product performance.

Its portfolio includes Solstice-branded low-global-warming-potential refrigerants, aerosol propellants and blowing agents, as well as specialty materials such as fluoropolymers and other performance chemicals.

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Analyst Recommendations for Solstice Advanced Mat (NASDAQ:SOLS)

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