Solaris Oilfield Infrastructure Inc (NYSE:SOI) – Equities research analysts at Imperial Capital issued their Q1 2018 earnings per share estimates for shares of Solaris Oilfield Infrastructure in a note issued to investors on Thursday. Imperial Capital analyst J. Wangler expects that the company will earn $0.27 per share for the quarter. Imperial Capital currently has a “Outperform” rating and a $26.00 target price on the stock. Imperial Capital also issued estimates for Solaris Oilfield Infrastructure’s Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.47 EPS, Q4 2018 earnings at $0.55 EPS and FY2018 earnings at $1.66 EPS.
Solaris Oilfield Infrastructure (NYSE:SOI) last issued its earnings results on Tuesday, March 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). The business had revenue of $25.20 million for the quarter, compared to analysts’ expectations of $24.22 million. Solaris Oilfield Infrastructure had a return on equity of 11.07% and a net margin of 12.50%. Solaris Oilfield Infrastructure’s revenue for the quarter was up 245.8% on a year-over-year basis.
Solaris Oilfield Infrastructure (NYSE:SOI) opened at $17.68 on Monday. Solaris Oilfield Infrastructure has a one year low of $9.90 and a one year high of $23.98. The company has a debt-to-equity ratio of 0.10, a quick ratio of 6.78 and a current ratio of 4.27.
In other Solaris Oilfield Infrastructure news, major shareholder Solaris Energy Capital, Llc sold 567,444 shares of the firm’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $21.65, for a total transaction of $12,285,162.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Kyle S. Ramachandran sold 62,937 shares of the firm’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of $21.65, for a total value of $1,362,586.05. The disclosure for this sale can be found here. Insiders sold a total of 2,059,988 shares of company stock valued at $44,598,740 over the last ninety days.
Institutional investors have recently added to or reduced their stakes in the business. TimesSquare Capital Management LLC bought a new stake in Solaris Oilfield Infrastructure in the fourth quarter worth $25,053,000. Victory Capital Management Inc. increased its stake in shares of Solaris Oilfield Infrastructure by 719.7% during the fourth quarter. Victory Capital Management Inc. now owns 1,092,242 shares of the company’s stock valued at $23,385,000 after buying an additional 959,001 shares during the period. Hodges Capital Management Inc. increased its stake in shares of Solaris Oilfield Infrastructure by 79.5% during the fourth quarter. Hodges Capital Management Inc. now owns 1,035,330 shares of the company’s stock valued at $22,166,000 after buying an additional 458,630 shares during the period. Baird Financial Group Inc. purchased a new position in shares of Solaris Oilfield Infrastructure during the fourth quarter valued at $7,465,000. Finally, Driehaus Capital Management LLC increased its stake in shares of Solaris Oilfield Infrastructure by 102.6% during the fourth quarter. Driehaus Capital Management LLC now owns 649,378 shares of the company’s stock valued at $13,903,000 after buying an additional 328,789 shares during the period. 67.77% of the stock is owned by institutional investors.
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Solaris Oilfield Infrastructure Company Profile
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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