Vertical Research Upgrades Solstice Advanced Mat (NASDAQ:SOLS) to “Buy”

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by Vertical Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. The brokerage currently has a $79.00 price target on the stock. Vertical Research’s price objective points to a potential upside of 31.49% from the stock’s current price.

Several other equities research analysts have also commented on the company. Morgan Stanley lowered Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. UBS Group reiterated a “buy” rating on shares of Solstice Advanced Mat in a report on Tuesday. Mizuho dropped their price target on Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $80.50.

Solstice Advanced Mat Price Performance

SOLS stock opened at $60.08 on Wednesday. The firm has a market cap of $9.54 billion and a price-to-earnings ratio of 67.51. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The company’s fifty day simple moving average is $78.35 and its 200 day simple moving average is $74.24.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, analysts expect that Solstice Advanced Mat will post 2.65 earnings per share for the current year.

Institutional Trading of Solstice Advanced Mat

Large investors have recently made changes to their positions in the company. Global Trust Asset Management LLC bought a new stake in Solstice Advanced Mat in the 1st quarter valued at about $26,000. Princeton Global Asset Management LLC bought a new position in Solstice Advanced Mat in the first quarter worth approximately $27,000. Westfuller Advisors LLC acquired a new stake in Solstice Advanced Mat in the first quarter valued at approximately $36,000. Darwin Wealth Management LLC acquired a new stake in Solstice Advanced Mat in the first quarter valued at approximately $37,000. Finally, Westerkirk Capital Inc. bought a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at 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.