Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) – Equities researchers at Oppenheimer Holdings lifted their FY2017 earnings estimates for Solaris Oilfield Infrastructure in a note issued to investors on Tuesday. Oppenheimer Holdings analyst S. Schneeberger now anticipates that the company will earn $0.45 per share for the year, up from their previous estimate of $0.43. Oppenheimer Holdings currently has a “Outperform” rating and a $15.00 target price on the stock. Oppenheimer Holdings also issued estimates for Solaris Oilfield Infrastructure’s Q4 2017 earnings at $0.16 EPS, FY2018 earnings at $1.10 EPS and FY2019 earnings at $1.54 EPS.

A number of other brokerages have also issued reports on SOI. Raymond James Financial, Inc. assumed coverage on Solaris Oilfield Infrastructure in a research note on Thursday, July 20th. They issued an “outperform” rating on the stock. UBS AG assumed coverage on Solaris Oilfield Infrastructure in a research note on Wednesday, July 19th. They issued an “outperform” rating on the stock. Seaport Global Securities reissued a “buy” rating on shares of Solaris Oilfield Infrastructure in a research note on Thursday, July 20th. Piper Jaffray Companies reissued a “buy” rating and issued a $15.50 price target on shares of Solaris Oilfield Infrastructure in a research note on Thursday, August 3rd. Finally, CIBC assumed coverage on Solaris Oilfield Infrastructure in a research note on Tuesday, June 6th. They issued an “outperform” rating and a $15.00 price target on the stock. Eleven investment analysts have rated the stock with a buy rating, Solaris Oilfield Infrastructure has a consensus rating of “Buy” and a consensus price target of $16.25.

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Solaris Oilfield Infrastructure (NYSE SOI) opened at 12.71 on Thursday. The firm has a 50-day moving average of $12.20 and a 200-day moving average of $11.87. The firm has a market cap of $136.61 million and a PE ratio of 17.73. Solaris Oilfield Infrastructure has a 52-week low of $9.90 and a 52-week high of $14.07.

Institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. purchased a new position in Solaris Oilfield Infrastructure during the second quarter valued at $173,000. Boston Private Wealth LLC purchased a new position in Solaris Oilfield Infrastructure during the second quarter valued at $323,000. Jennison Associates LLC purchased a new position in Solaris Oilfield Infrastructure during the second quarter valued at $8,818,000. Bank of New York Mellon Corp purchased a new position in Solaris Oilfield Infrastructure during the second quarter valued at $332,000. Finally, Schwab Charles Investment Management Inc. purchased a new position in Solaris Oilfield Infrastructure during the second quarter valued at $198,000. 23.73% of the stock is currently owned by institutional investors and hedge funds.

Solaris Oilfield Infrastructure Company Profile

Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.

Earnings History and Estimates for Solaris Oilfield Infrastructure (NYSE:SOI)

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