Solstice Advanced Mat (NASDAQ:SOLS) Raised to “Strong-Buy” at Jefferies Financial Group

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by stock analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Thursday, Marketbeat.com reports.

SOLS has been the subject of several other reports. Weiss Ratings raised Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. UBS Group boosted their price objective on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research note on Wednesday, July 22nd. Wall Street Zen lowered shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Finally, Zacks Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, Solstice Advanced Mat has a consensus rating of “Moderate Buy” and a consensus price target of $79.11.

Solstice Advanced Mat Stock Up 0.6%

Shares of NASDAQ SOLS opened at $61.37 on Thursday. The firm’s 50-day moving average price is $63.04 and its 200-day moving average price is $74.04. 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 stock has a market capitalization of $9.75 billion and a price-to-earnings ratio of 34.67. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. The firm had revenue of $1.15 billion during 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 research analysts anticipate that Solstice Advanced Mat will post 2.88 EPS for the current fiscal year.

Institutional Trading of Solstice Advanced Mat

A number of hedge funds and other institutional investors have recently bought and sold shares of SOLS. Westerkirk Capital Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at $25,000. Global Trust Asset Management LLC purchased a new position in Solstice Advanced Mat in the 1st quarter worth about $26,000. Heritage Wealth Advisors bought a new stake in Solstice Advanced Mat during the 4th quarter valued at about $26,000. Princeton Global Asset Management LLC bought a new stake in Solstice Advanced Mat during the 1st quarter valued at about $27,000. Finally, Manning & Napier Advisors LLC purchased a new stake in Solstice Advanced Mat in the 2nd quarter valued at about $27,000.

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.