Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) was the target of some unusual options trading on Thursday. Investors purchased 18,023 put options on the company. This represents an increase of 330% compared to the average volume of 4,189 put options.
Solstice Advanced Mat Stock Up 0.1%
Shares of Solstice Advanced Mat stock traded up $0.08 during trading on Friday, reaching $62.65. The company’s stock had a trading volume of 1,086,056 shares, compared to its average volume of 3,100,461. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80. The company has a 50-day simple moving average of $69.98 and a two-hundred day simple moving average of $74.72. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. The company has a market cap of $9.95 billion and a price-to-earnings ratio of 35.40.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The company had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, equities analysts forecast that Solstice Advanced Mat will post 2.87 earnings per share for the current year.
Solstice Advanced Mat Dividend Announcement
Institutional Trading of Solstice Advanced Mat
Institutional investors have recently bought and sold shares of the stock. Westerkirk Capital Inc. purchased a new position in shares of Solstice Advanced Mat in the fourth quarter worth $25,000. Global Trust Asset Management LLC acquired a new position in shares of Solstice Advanced Mat in the 1st quarter valued at $26,000. Heritage Wealth Advisors purchased a new position in Solstice Advanced Mat in the 4th quarter worth $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at about $27,000.
Analyst Upgrades and Downgrades
SOLS has been the subject of several recent research reports. BMO Capital Markets reduced their price target on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a research report on Thursday, July 16th. Royal Bank Of Canada reduced their target price on shares of Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. UBS Group raised their price target on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, Truist Financial set a $75.00 price objective on shares of Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Solstice Advanced Mat has a consensus rating of “Moderate Buy” and an average price target of $78.25.
Read Our Latest Stock Report on SOLS
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.
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