Wall Street Zen Upgrades Solstice Advanced Mat (NASDAQ:SOLS) to “Hold”

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Other research analysts have also recently issued reports about the stock. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. UBS Group reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Solstice Advanced Mat in a research note on Thursday, February 12th. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a report on Wednesday, January 7th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research report on Friday, February 13th. Finally, Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.00.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $78.51 on Friday. The business’s fifty day moving average is $62.74. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $12.46 billion and a P/E ratio of 301.96.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $987.00 million during the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Institutional Trading of Solstice Advanced Mat

Institutional investors and hedge funds have recently made changes to their positions in the stock. Westerkirk Capital Inc. purchased a new stake in Solstice Advanced Mat during the 4th quarter worth about $25,000. DiNuzzo Private Wealth Inc. acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $26,000. Heritage Wealth Advisors purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat in the fourth quarter valued at 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.