Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a research note issued on Wednesday, Benzinga reports. They currently have a $82.00 price target on the stock. Royal Bank Of Canada’s target price would indicate a potential upside of 45.95% from the stock’s previous close.
SOLS has been the subject of several other reports. UBS Group upped their target price on Solstice Advanced Mat from $78.00 to $80.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Wall Street Zen downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Weiss Ratings raised Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Morgan Stanley lowered Solstice Advanced Mat to a “buy” rating in a research note on Monday, July 13th. Finally, Mizuho lowered their price target on Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $79.11.
Read Our Latest Stock Report on SOLS
Solstice Advanced Mat Price Performance
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 for the quarter, topping the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Sell-side analysts forecast that Solstice Advanced Mat will post 2.88 EPS for the current year.
Institutional Trading of Solstice Advanced Mat
A number of institutional investors have recently made changes to their positions in SOLS. Westerkirk Capital Inc. acquired a new position in Solstice Advanced Mat during the fourth quarter worth $25,000. Global Trust Asset Management LLC acquired a new position in Solstice Advanced Mat during the first quarter worth $26,000. Princeton Global Asset Management LLC acquired a new position in Solstice Advanced Mat during the first quarter worth $27,000. Manning & Napier Advisors LLC acquired a new position in Solstice Advanced Mat during the second quarter worth $27,000. Finally, Compass Financial Management LLC acquired a new position in Solstice Advanced Mat during the second quarter worth $28,000.
About Solstice Advanced Mat
Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.
Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.
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