Solstice Advanced Mat (NASDAQ:SOLS) Receives Consensus Rating of “Moderate Buy” from Brokerages

Solstice Advanced Mat (NASDAQ:SOLS) has been given a consensus rating of “Moderate Buy” by the eleven ratings firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $80.50.

Several equities analysts have weighed in on SOLS shares. TD Cowen began coverage on Solstice Advanced Mat in a research note on Monday, June 8th. They set a “hold” rating and a $90.00 target price on the stock. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price objective on the stock in a research report on Wednesday. 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 note on Thursday, July 16th. Finally, Mizuho cut their target price on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th.

Institutional Trading of Solstice Advanced Mat

Institutional investors have recently bought and sold shares of the company. Wesbanco Bank Inc. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $649,000. Fifth Third Bancorp bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $4,424,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $4,796,000. Carnegie Investment Counsel acquired a new stake in Solstice Advanced Mat in the 1st quarter worth approximately $2,628,000. Finally, Nwam LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $1,253,000.

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $60.54 on Friday. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $9.61 billion and a price-to-earnings ratio of 68.02. The stock’s fifty day simple moving average is $76.79 and its 200-day simple moving average is $74.31.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $991.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, sell-side analysts predict that Solstice Advanced Mat will post 2.65 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a $0.075 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. Solstice Advanced Mat’s dividend payout ratio is 33.71%.

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.