Solstice Advanced Mat (NASDAQ:SOLS) Receives $67.00 Consensus Price Target from Brokerages

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have received an average rating of “Hold” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Four analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $67.00.

Several equities research analysts have recently weighed in on SOLS shares. UBS Group cut Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price objective for the company. in a research report on Monday, April 13th. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a report on Wednesday, January 7th. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a report on Friday, February 13th. Finally, Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd.

Institutional Investors Weigh In On Solstice Advanced Mat

A number of institutional investors have recently bought and sold shares of SOLS. Westerkirk Capital Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $25,000. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter worth about $26,000. Heritage Wealth Advisors acquired a new position in Solstice Advanced Mat in the fourth quarter worth about $26,000. Hoey Investments Inc. bought a new position in Solstice Advanced Mat during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Solstice Advanced Mat during the fourth quarter worth about $27,000.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $81.20 on Friday. The firm has a market capitalization of $12.89 billion and a P/E ratio of 312.31. The company has a 50-day simple moving average of $76.30. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week 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.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company 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.

Solstice Advanced Mat Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.

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.