Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) has earned an average recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $67.20.
Several equities analysts have weighed in on the company. UBS Group raised their price target on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday. Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Zacks Research upgraded Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th.
Check Out Our Latest Stock Report on Solstice Advanced Mat
Solstice Advanced Mat Price Performance
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The company had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities analysts expect that Solstice Advanced Mat will post 2.61 EPS for the current year.
Solstice Advanced Mat Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 115.38%.
Hedge Funds Weigh In On Solstice Advanced Mat
Several institutional investors have recently added to or reduced their stakes in SOLS. Westerkirk Capital Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $25,000. DiNuzzo Private Wealth Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $26,000. Global Trust Asset Management LLC purchased a new position in Solstice Advanced Mat during the 1st quarter valued at approximately $26,000. Heritage Wealth Advisors purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $26,000. Finally, Hoey Investments Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $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.
Further Reading
- Five stocks we like better than Solstice Advanced Mat
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Solstice Advanced Mat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solstice Advanced Mat and related companies with MarketBeat.com's FREE daily email newsletter.
