Solstice Advanced Mat (NASDAQ:SOLS) Sees Unusually-High Trading Volume on Analyst Upgrade

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) saw an uptick in trading volume on Thursday after Mizuho raised their price target on the stock from $54.00 to $65.00. Mizuho currently has a neutral rating on the stock. 2,952,134 shares traded hands during mid-day trading, an increase of 7% from the previous session’s volume of 2,748,468 shares.The stock last traded at $83.11 and had previously closed at $74.95.

Other research analysts have also recently issued reports about the company. Alembic Global Advisors assumed coverage on Solstice Advanced Mat in a research report on Monday, December 1st. They set an “overweight” rating and a $60.00 price target for the company. Wall Street Zen lowered shares of Solstice Advanced Mat from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Wednesday, January 7th. Finally, Weiss Ratings assumed coverage on shares of Solstice Advanced Mat in a research report on Thursday, January 15th. They issued a “sell (d+)” rating for the company. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $61.60.

Read Our Latest Research Report on SOLS

Key Solstice Advanced Mat News

Here are the key news stories impacting Solstice Advanced Mat this week:

Hedge Funds Weigh In On Solstice Advanced Mat

A number of institutional investors have recently bought and sold shares of SOLS. Westerkirk Capital Inc. acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $25,000. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat during the fourth quarter worth $26,000. Hoey Investments Inc. purchased a new stake in Solstice Advanced Mat in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $27,000. Finally, JNBA Financial Advisors purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth $29,000.

Solstice Advanced Mat Price Performance

The stock’s fifty day moving average price is $55.41. The company has a current ratio of 1.53, a quick ratio of 0.93 and a debt-to-equity ratio of 0.03.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

About Solstice Advanced Mat

(Get Free Report)

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.

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