Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) – Equities research analysts at Oppenheimer Holdings increased their FY2017 EPS estimates for shares of Solaris Oilfield Infrastructure in a report released on Monday. Oppenheimer Holdings analyst S. Schneeberger now forecasts that the company will post earnings of $0.50 per share for the year, up from their previous estimate of $0.49. Oppenheimer Holdings currently has a “Buy” rating and a $20.00 target price on the stock.

Other equities analysts have also issued reports about the company. Citigroup Inc. lowered Solaris Oilfield Infrastructure to a “market perform” rating in a research note on Wednesday. They noted that the move was a valuation call. Raymond James Financial, Inc. started coverage on Solaris Oilfield Infrastructure in a research report on Thursday, July 20th. They set an “outperform” rating on the stock. Imperial Capital started coverage on Solaris Oilfield Infrastructure in a research report on Friday, August 18th. They set an “outperform” rating and a $17.00 target price on the stock. Seaport Global Securities reaffirmed a “buy” rating on shares of Solaris Oilfield Infrastructure in a research report on Thursday, July 20th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $15.50 target price on shares of Solaris Oilfield Infrastructure in a research report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $17.36.

ILLEGAL ACTIVITY NOTICE: This story was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was stolen and reposted in violation of US and international copyright and trademark legislation. The legal version of this story can be read at https://www.americanbankingnews.com/2017/10/11/oppenheimer-holdings-weighs-in-on-solaris-oilfield-infrastructure-inc-s-fy2017-earnings-soi.html.

Shares of Solaris Oilfield Infrastructure (NYSE SOI) opened at 17.06 on Wednesday. Solaris Oilfield Infrastructure has a 1-year low of $9.90 and a 1-year high of $17.72. The company has a market capitalization of $186.02 million and a PE ratio of 59.24. The company’s 50-day moving average price is $15.71 and its 200-day moving average price is $13.21.

Solaris Oilfield Infrastructure (NYSE:SOI) last posted its earnings results on Monday, August 14th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.34. The business had revenue of $13.39 million for the quarter, compared to the consensus estimate of $12.36 million. Solaris Oilfield Infrastructure’s revenue for the quarter was up 349.9% on a year-over-year basis.

Several large investors have recently modified their holdings of SOI. Spark Investment Management LLC acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter worth approximately $1,806,000. Emerald Mutual Fund Advisers Trust acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter worth approximately $3,459,000. Hodges Capital Management Inc. acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter worth approximately $6,284,000. Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter worth approximately $17,799,000. Finally, Schwab Charles Investment Management Inc. acquired a new position in shares of Solaris Oilfield Infrastructure during the second quarter worth approximately $198,000. 59.23% of the stock is currently owned by institutional investors.

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)

Receive News & Ratings for Solaris Oilfield Infrastructure Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solaris Oilfield Infrastructure Inc. and related companies with MarketBeat.com's FREE daily email newsletter.