Solaris Oilfield Infrastructure Inc (NYSE:SOI) – Stock analysts at Oppenheimer issued their Q1 2018 EPS estimates for Solaris Oilfield Infrastructure in a report released on Tuesday. Oppenheimer analyst S. Schneeberger anticipates that the company will earn $0.27 per share for the quarter. Oppenheimer also issued estimates for Solaris Oilfield Infrastructure’s Q2 2018 earnings at $0.38 EPS, Q3 2018 earnings at $0.47 EPS, Q4 2018 earnings at $0.55 EPS, FY2018 earnings at $1.67 EPS and FY2019 earnings at $2.62 EPS.

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Solaris Oilfield Infrastructure (NYSE:SOI) last issued its quarterly earnings results on Tuesday, March 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Solaris Oilfield Infrastructure had a net margin of 12.50% and a return on equity of 11.07%. The business had revenue of $25.20 million for the quarter, compared to analysts’ expectations of $24.22 million. Solaris Oilfield Infrastructure’s quarterly revenue was up 245.8% on a year-over-year basis.

Several other research analysts have also recently issued reports on the stock. Imperial Capital reaffirmed an “outperform” rating and issued a $26.00 target price on shares of Solaris Oilfield Infrastructure in a report on Wednesday, January 24th. Citigroup lifted their target price on shares of Solaris Oilfield Infrastructure to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 12th. Zacks Investment Research raised shares of Solaris Oilfield Infrastructure from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a report on Thursday, January 11th. Finally, Piper Jaffray Companies set a $24.00 target price on shares of Solaris Oilfield Infrastructure and gave the stock a “buy” rating in a report on Monday, December 25th. One investment analyst has rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $20.04.

Solaris Oilfield Infrastructure stock opened at $16.94 on Thursday. Solaris Oilfield Infrastructure has a 12-month low of $9.90 and a 12-month high of $23.98. The company has a quick ratio of 3.90, a current ratio of 4.27 and a debt-to-equity ratio of 0.10.

In other news, insider Cynthia M. Durrett sold 21,219 shares of Solaris Oilfield Infrastructure stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $21.65, for a total value of $459,391.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Howard Keenan, Jr. sold 1,408,388 shares of Solaris Oilfield Infrastructure stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $21.65, for a total transaction of $30,491,600.20. The disclosure for this sale can be found here. Insiders sold 2,059,988 shares of company stock valued at $44,598,740 over the last ninety days.

Hedge funds have recently made changes to their positions in the company. TimesSquare Capital Management LLC bought a new stake in Solaris Oilfield Infrastructure during the fourth quarter valued at approximately $25,053,000. Victory Capital Management Inc. grew its position in Solaris Oilfield Infrastructure by 719.7% during the fourth quarter. Victory Capital Management Inc. now owns 1,092,242 shares of the company’s stock valued at $23,385,000 after buying an additional 959,001 shares during the period. Hodges Capital Management Inc. grew its position in Solaris Oilfield Infrastructure by 79.5% during the fourth quarter. Hodges Capital Management Inc. now owns 1,035,330 shares of the company’s stock valued at $22,166,000 after buying an additional 458,630 shares during the period. Baird Financial Group Inc. bought a new stake in Solaris Oilfield Infrastructure during the fourth quarter valued at approximately $7,465,000. Finally, Driehaus Capital Management LLC grew its position in Solaris Oilfield Infrastructure by 102.6% during the fourth quarter. Driehaus Capital Management LLC now owns 649,378 shares of the company’s stock valued at $13,903,000 after buying an additional 328,789 shares during the period. Hedge funds and other institutional investors own 64.50% of the company’s stock.

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About Solaris Oilfield Infrastructure

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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