Solaris Energy Infrastructure, Inc. (NYSE:SEI – Get Free Report) Director A. Teague purchased 3,900 shares of Solaris Energy Infrastructure stock in a transaction that occurred on Tuesday, September 8th. The shares were bought at an average cost of $64.21 per share, for a total transaction of $250,419.00. Following the transaction, the director directly owned 116,865 shares of the company’s stock, valued at $7,503,901.65. This represents a 3.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Solaris Energy Infrastructure Price Performance
Shares of NYSE SEI opened at $67.38 on Friday. The stock has a market capitalization of $5.16 billion, a PE ratio of 79.27 and a beta of 1.25. The company has a debt-to-equity ratio of 2.23, a current ratio of 4.12 and a quick ratio of 4.03. The business has a fifty day moving average price of $58.65 and a two-hundred day moving average price of $63.84. Solaris Energy Infrastructure, Inc. has a fifty-two week low of $29.89 and a fifty-two week high of $86.19.
Solaris Energy Infrastructure (NYSE:SEI – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.08. Solaris Energy Infrastructure had a return on equity of 13.26% and a net margin of 7.19%.The company had revenue of $219.40 million for the quarter. As a group, equities analysts predict that Solaris Energy Infrastructure, Inc. will post 0.94 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analysts Forecast Growth
SEI has been the topic of several recent analyst reports. Zacks Research lowered shares of Solaris Energy Infrastructure from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 30th. Morgan Stanley upped their price target on shares of Solaris Energy Infrastructure from $81.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, June 4th. Stifel Nicolaus set a $98.00 price target on shares of Solaris Energy Infrastructure in a research report on Friday, August 7th. Northland Securities set a $104.00 price objective on shares of Solaris Energy Infrastructure in a research note on Friday, June 12th. Finally, Raymond James Financial boosted their price objective on shares of Solaris Energy Infrastructure from $82.00 to $96.00 and gave the company an “outperform” rating in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $88.33.
Get Our Latest Stock Report on Solaris Energy Infrastructure
Solaris Energy Infrastructure Company Profile
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.
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