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

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have earned a consensus recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $67.00.

A number of brokerages have weighed in on SOLS. 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. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday. Alembic Global Advisors began coverage on shares of Solstice Advanced Mat in a research note on Monday, December 1st. They set an “overweight” rating and a $60.00 target price for the company. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a report on Friday, February 13th. Finally, UBS Group restated a “buy” rating and issued a $87.00 price target on shares of Solstice Advanced Mat in a research report on Thursday, February 12th.

Solstice Advanced Mat Trading Up 1.0%

Shares of NASDAQ:SOLS opened at $79.87 on Thursday. The stock has a 50 day moving average of $61.58. 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 cap of $12.68 billion and a price-to-earnings ratio of 307.19. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $987.00 million for 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 business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Tuesday, February 24th.

Institutional Investors Weigh In On Solstice Advanced Mat

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