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

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have received a consensus rating of “Moderate Buy” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $67.00.

Several equities analysts have recently commented on the company. Mizuho set a $80.00 price objective on Solstice Advanced Mat in a research report on Friday, February 13th. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Alembic Global Advisors began coverage on Solstice Advanced Mat in a report on Monday, December 1st. They issued an “overweight” rating and a $60.00 target price for the company. Finally, Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS opened at $75.11 on Thursday. The stock has a market capitalization of $11.92 billion and a P/E ratio of 288.88. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44. The firm’s 50 day moving average price is $64.32. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 115.38%.

Institutional Trading of Solstice Advanced Mat

A number of hedge funds have recently added to or reduced their stakes in the business. Westerkirk Capital Inc. bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $25,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Heritage Wealth Advisors purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Hoey Investments Inc. bought a new stake in Solstice Advanced Mat during the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in Solstice Advanced Mat in the fourth quarter valued at about $27,000.

Solstice Advanced Mat Company Profile

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.