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

Solstice Advanced Mat (NASDAQ:SOLS) has earned an average rating of “Moderate Buy” from the seven analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $67.00.

A number of brokerages have recently weighed in on SOLS. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research report on Wednesday, January 7th. UBS Group reaffirmed a “buy” rating and set a $87.00 target price on shares of Solstice Advanced Mat in a research note on Thursday, February 12th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a report on Friday, February 13th. Finally, Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th.

Solstice Advanced Mat Price Performance

SOLS stock opened at $75.03 on Monday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98. The firm has a market capitalization of $11.91 billion and a price-to-earnings ratio of 288.58. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.44. The company’s 50 day moving average price is $71.61.

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 analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were given a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is presently 115.38%.

Hedge Funds Weigh In On Solstice Advanced Mat

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $893,275,000. State Street Corp acquired a new position in Solstice Advanced Mat in the 4th quarter worth about $245,276,000. Morgan Stanley purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth about $195,151,000. Madison Avenue Partners LP acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at about $135,172,000. Finally, UBS Group AG bought a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $130,269,000.

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.