Solstice Advanced Mat (NASDAQ:SOLS) Stock Rating Lowered by Vertical Research

Solstice Advanced Mat (NASDAQ:SOLS) was downgraded by research analysts at Vertical Research from a “buy” rating to a “hold” rating in a research note issued on Thursday, MarketBeat.com reports. They presently have a $90.00 price objective on the stock. Vertical Research’s price objective points to a potential upside of 5.75% from the stock’s previous close.

SOLS has been the subject of a number of other reports. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. UBS Group boosted their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Mizuho set a $80.00 target price on Solstice Advanced Mat in a report on Friday, February 13th. Finally, Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Solstice Advanced Mat currently has a consensus rating of “Hold” and a consensus target price of $73.60.

Solstice Advanced Mat Trading Down 2.0%

NASDAQ:SOLS opened at $85.11 on Thursday. The stock has a market capitalization of $13.52 billion and a price-to-earnings ratio of 95.63. The company has a fifty day moving average of $78.31. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43.

Solstice Advanced Mat (NASDAQ:SOLS) last released its earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $991.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current year.

Hedge Funds Weigh In On Solstice Advanced Mat

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Trust Asset Management LLC acquired a new position in Solstice Advanced Mat during the 1st quarter worth approximately $26,000. Princeton Global Asset Management LLC acquired a new stake in shares of Solstice Advanced Mat in the 1st quarter worth approximately $27,000. Westfuller Advisors LLC acquired a new stake in shares of Solstice Advanced Mat in the 1st quarter worth approximately $36,000. Darwin Wealth Management LLC acquired a new stake in shares of Solstice Advanced Mat in the 1st quarter worth approximately $37,000. Finally, Westerkirk Capital Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth approximately $25,000.

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.