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

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have been assigned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat reports. Three research 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 research firms have recently commented on SOLS. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Alembic Global Advisors initiated coverage on shares of Solstice Advanced Mat in a report on Monday, December 1st. They set an “overweight” rating and a $60.00 target price for the company. 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. Vertical Research raised 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 report on Wednesday, January 7th. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of SOLS. Vanguard Group Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $893,275,000. State Street Corp acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $245,276,000. Morgan Stanley acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $195,151,000. Madison Avenue Partners LP purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $135,172,000. Finally, UBS Group AG purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $130,269,000.

Solstice Advanced Mat Stock Down 8.3%

Solstice Advanced Mat stock opened at $67.05 on Monday. The business’s 50-day moving average price is $69.94. The firm has a market capitalization of $10.64 billion and a P/E ratio of 257.88. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $84.44. 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 issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is presently 115.38%.

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.