Solstice Advanced Mat (NASDAQ:SOLS) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Solstice Advanced Mat (NASDAQ:SOLS) from a hold rating to a sell rating in a research report report published on Saturday morning.

SOLS has been the topic of a number of other reports. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research note on Wednesday, January 7th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a report on Friday, February 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Finally, UBS Group downgraded shares of Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price target for the company. in a report on Monday, April 13th. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $67.00.

Solstice Advanced Mat Price Performance

SOLS opened at $81.28 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98. The business has a 50 day simple moving average of $77.28. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44. The stock has a market cap of $12.91 billion and a price-to-earnings ratio of 312.60.

Solstice Advanced Mat (NASDAQ:SOLS) last released its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The business 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. On average, equities analysts anticipate that Solstice Advanced Mat will post 2.66 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 115.38%.

Institutional Trading of Solstice Advanced Mat

Several institutional investors have recently added to or reduced their stakes in SOLS. Westerkirk Capital Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at approximately $25,000. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at approximately $26,000. Global Trust Asset Management LLC acquired a new stake in Solstice Advanced Mat in the 1st quarter valued at approximately $26,000. Heritage Wealth Advisors acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at approximately $26,000. Finally, Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at approximately $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.