Media headlines about Solaris Oilfield Infrastructure (NYSE:SOI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Solaris Oilfield Infrastructure earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.8245464255435 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Raymond James Financial, Inc. Reiterates Market Perform Rating for Solaris Oilfield Infrastructure, Inc. (SOI) (americanbankingnews.com)
- Oppenheimer Holdings Weighs in on Solaris Oilfield Infrastructure, Inc.’s FY2017 Earnings (SOI) (americanbankingnews.com)
- Q4 2017 EPS Estimates for Solaris Oilfield Infrastructure, Inc. (SOI) Lifted by Analyst (americanbankingnews.com)
- Oppenheimer Holdings, Inc. Reiterates “Buy” Rating for Solaris Oilfield Infrastructure, Inc. (SOI) (americanbankingnews.com)
- Critical Comparison: McDermott International (MDR) & Solaris Oilfield Infrastructure (SOI) (americanbankingnews.com)
A number of research firms recently commented on SOI. Raymond James Financial, Inc. lowered Solaris Oilfield Infrastructure from an “outperform” rating to a “market perform” rating in a research note on Wednesday. Citigroup Inc. lowered Solaris Oilfield Infrastructure to a “market perform” rating in a research note on Wednesday. They noted that the move was a valuation call. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $20.00 price objective (up previously from $16.00) on shares of Solaris Oilfield Infrastructure in a research note on Monday. Zacks Investment Research raised Solaris Oilfield Infrastructure from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research note on Friday, September 29th. Finally, Johnson Rice reaffirmed a “buy” rating and set a $19.00 price objective on shares of Solaris Oilfield Infrastructure in a research note on Monday, September 11th. Two equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $17.36.
Shares of Solaris Oilfield Infrastructure (NYSE SOI) opened at 16.53 on Friday. The firm has a 50-day moving average price of $15.89 and a 200-day moving average price of $13.28. Solaris Oilfield Infrastructure has a 52 week low of $9.90 and a 52 week high of $17.72. The firm has a market capitalization of $180.24 million and a price-to-earnings ratio of 57.40.
Solaris Oilfield Infrastructure (NYSE:SOI) last issued its quarterly earnings results 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 business had revenue of $13.39 million for the quarter, compared to analysts’ expectations of $12.36 million. The company’s revenue for the quarter was up 349.9% compared to the same quarter last year. On average, equities analysts expect that Solaris Oilfield Infrastructure will post $0.54 earnings per share for the current fiscal year.
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About Solaris Oilfield Infrastructure
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.
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