Solaris Energy Infrastructure, Inc. (NYSE:SEI) Stock Has Consensus Target Price of $89.42 According to Analysts

Shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI) have earned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $94.17.

Several analysts have issued reports on SEI shares. Citigroup increased their target price on shares of Solaris Energy Infrastructure from $84.00 to $100.00 and gave the stock a “buy” rating in a research note on Thursday, September 24th. Wells Fargo & Company restated an “outperform” rating and set a $85.00 price target on shares of Solaris Energy Infrastructure in a research report on Friday. Wolfe Research started coverage on shares of Solaris Energy Infrastructure in a report on Monday, July 6th. They issued an “outperform” rating and a $120.00 price target on the stock. Barclays increased their price objective on Solaris Energy Infrastructure from $90.00 to $116.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Needham & Company LLC lifted their price objective on Solaris Energy Infrastructure from $98.00 to $104.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th.

Insider Buying and Selling at Solaris Energy Infrastructure

In other Solaris Energy Infrastructure news, Director A. Teague purchased 3,900 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was purchased at an average price of $64.21 per share, for a total transaction of $250,419.00. Following the transaction, the director owned 116,865 shares in the company, valued at $7,503,901.65. The trade was a 3.45% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 20.23% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. bought a new stake in Solaris Energy Infrastructure during the fourth quarter valued at approximately $28,000. C M Bidwell & Associates Ltd. bought a new position in shares of Solaris Energy Infrastructure in the 2nd quarter worth $84,000. Rockefeller Capital Management L.P. increased its holdings in shares of Solaris Energy Infrastructure by 507.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,652 shares of the company’s stock worth $76,000 after buying an additional 1,380 shares during the last quarter. Nykredit A S purchased a new stake in shares of Solaris Energy Infrastructure during the 2nd quarter valued at $164,000. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of Solaris Energy Infrastructure by 179.1% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,194 shares of the company’s stock valued at $101,000 after buying an additional 1,408 shares in the last quarter. 67.44% of the stock is currently owned by institutional investors.

Solaris Energy Infrastructure Trading Down 0.9%

Shares of SEI opened at $68.50 on Wednesday. Solaris Energy Infrastructure has a twelve month low of $38.50 and a twelve month high of $86.19. The stock has a market cap of $5.25 billion, a PE ratio of 80.59 and a beta of 1.25. The company has a quick ratio of 4.03, a current ratio of 4.12 and a debt-to-equity ratio of 2.23. The business’s 50-day moving average price is $59.05 and its 200-day moving average price is $65.29.

Solaris Energy Infrastructure (NYSE:SEI) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.08. The company had revenue of $219.40 million during the quarter. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. On average, equities analysts forecast that Solaris Energy Infrastructure will post 1.24 EPS for the current fiscal year.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc (NYSE: SEI) is an energy infrastructure company that provides mobile, scalable power generation and management solutions. The company designs, manufactures, and deploys equipment intended to support customers that require reliable, flexible power in energy-intensive operating environments.

Solaris has historically served the North American oil and natural gas industry, supplying infrastructure used in well completion and other field operations. Its offerings include mobile power-generation systems, electrical distribution equipment, and related services designed to help customers manage on-site power requirements and reduce reliance on traditional diesel-based solutions.

The company has also expanded its focus beyond oilfield services to address growing power needs associated with data centers and other large-scale, power-intensive facilities.