Shares of Solaris Oilfield Infrastructure Inc (NYSE:SOI) have been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $20.13.

A number of analysts have weighed in on the stock. Zacks Investment Research raised shares of Solaris Oilfield Infrastructure from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 1st. Imperial Capital reissued an “outperform” rating and issued a $17.00 price target (down from $24.00) on shares of Solaris Oilfield Infrastructure in a report on Thursday, January 3rd. Piper Jaffray Companies reissued a “buy” rating and issued a $17.50 price target on shares of Solaris Oilfield Infrastructure in a report on Thursday, January 3rd. Finally, ValuEngine raised shares of Solaris Oilfield Infrastructure from a “sell” rating to a “hold” rating in a report on Monday, September 24th.

Shares of NYSE SOI traded up $0.43 during trading hours on Friday, hitting $14.14. 478,700 shares of the stock were exchanged, compared to its average volume of 388,025. The company has a current ratio of 2.40, a quick ratio of 2.02 and a debt-to-equity ratio of 0.21. The company has a market cap of $646.79 million, a P/E ratio of 29.46 and a beta of 1.53. Solaris Oilfield Infrastructure has a one year low of $10.50 and a one year high of $23.06.

Solaris Oilfield Infrastructure (NYSE:SOI) last posted its quarterly earnings data on Wednesday, October 31st. The company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.02. The business had revenue of $56.70 million during the quarter, compared to the consensus estimate of $56.23 million. Solaris Oilfield Infrastructure had a net margin of 19.18% and a return on equity of 25.81%. Solaris Oilfield Infrastructure’s quarterly revenue was up 206.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.12 EPS. Equities research analysts forecast that Solaris Oilfield Infrastructure will post 1.69 EPS for the current fiscal year.

The firm also recently disclosed a special dividend, which was paid on Thursday, December 27th. Stockholders of record on Monday, December 17th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, December 14th. Solaris Oilfield Infrastructure’s payout ratio is 83.33%.

Large investors have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its holdings in shares of Solaris Oilfield Infrastructure by 450.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 10,582 shares of the company’s stock worth $151,000 after acquiring an additional 8,660 shares during the period. Voya Investment Management LLC bought a new position in shares of Solaris Oilfield Infrastructure during the 2nd quarter worth about $153,000. Clear Harbor Asset Management LLC bought a new position in shares of Solaris Oilfield Infrastructure during the 3rd quarter worth about $152,000. California Public Employees Retirement System bought a new position in shares of Solaris Oilfield Infrastructure during the 2nd quarter worth about $176,000. Finally, US Bancorp DE lifted its holdings in shares of Solaris Oilfield Infrastructure by 847.1% during the 2nd quarter. US Bancorp DE now owns 13,875 shares of the company’s stock worth $199,000 after acquiring an additional 12,410 shares during the period. 79.01% of the stock is owned by institutional investors.

About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc manufactures and sells patented mobile proppant management systems to unload, store, and deliver proppant at oil and natural gas well sites in the United States. The company's systems are designed for transferring large quantities of proppant to the well sites.

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Analyst Recommendations for Solaris Oilfield Infrastructure (NYSE:SOI)

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