Solstice Advanced Mat (NASDAQ:SOLS) Upgraded at Barclays

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by Barclays to a “strong-buy” rating in a report issued on Monday, Zacks reports.

SOLS has been the subject of several other reports. Wall Street Zen cut Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $82.00 price objective on shares of Solstice Advanced Mat in a research note on Wednesday, September 30th. Weiss Ratings downgraded Solstice Advanced Mat from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, October 9th. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a report on Wednesday, July 22nd. Finally, Mizuho decreased their target price on shares of Solstice Advanced Mat from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $77.60.

Solstice Advanced Mat Trading Down 1.3%

Shares of NASDAQ:SOLS opened at $60.13 on Monday. The company’s 50-day moving average price is $59.63 and its two-hundred day moving average price is $70.71. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The stock has a market capitalization of $9.55 billion and a PE ratio of 33.97.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.09. The company had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. On average, equities analysts forecast that Solstice Advanced Mat will post 2.87 EPS for the current fiscal year.

Institutional Investors Weigh In On Solstice Advanced Mat

Hedge funds have recently bought and sold shares of the stock. State Street Corp acquired a new stake in shares of Solstice Advanced Mat during the second quarter worth $448,557,000. Madison Avenue Partners LP acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $135,172,000. Bank of America Corp DE bought a new stake in Solstice Advanced Mat during the second quarter valued at $153,615,000. Castle Hook Partners LP bought a new stake in Solstice Advanced Mat during the fourth quarter valued at $57,828,000. Finally, Anchor Capital Advisors LLC acquired a new stake in Solstice Advanced Mat during the 2nd quarter worth about $55,866,000.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.