Solstice Advanced Mat (NASDAQ:SOLS) Given Average Rating of “Moderate Buy” by Brokerages

Solstice Advanced Mat (NASDAQ:SOLS) has received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $78.25.

Several equities research analysts have issued reports on the stock. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price target on the stock in a research note on Wednesday, July 22nd. Morgan Stanley downgraded shares of Solstice Advanced Mat to a “buy” rating in a research note on Monday, July 13th. Mizuho decreased their price objective on Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a report on Wednesday, July 15th. Truist Financial set a $75.00 target price on Solstice Advanced Mat and gave the company a “buy” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating in a report on Saturday, August 15th.

Institutional Investors Weigh In On Solstice Advanced Mat

A number of large investors have recently added to or reduced their stakes in SOLS. KBC Group NV bought a new stake in Solstice Advanced Mat in the 4th quarter valued at $211,000. CWM LLC bought a new position in Solstice Advanced Mat during the 4th quarter worth $557,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $4,796,000. Merit Financial Group LLC acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $604,000. Finally, First Horizon Corp bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at about $47,000.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $57.34 on Thursday. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. The firm has a market capitalization of $9.11 billion and a P/E ratio of 32.40. The business has a 50-day moving average of $68.81 and a 200-day moving average of $74.73. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The company had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. On average, equities analysts anticipate that Solstice Advanced Mat will post 2.87 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio is presently 16.95%.

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.