News coverage about Solaris Oilfield Infra (NYSE:SOI) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Solaris Oilfield Infra earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.4136999777459 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
SOI has been the topic of several recent research reports. Piper Jaffray set a $24.00 price target on Solaris Oilfield Infra and gave the stock a “buy” rating in a research report on Monday, December 25th. Imperial Capital raised their price target on Solaris Oilfield Infra to $23.00 and gave the stock an “outperform” rating in a research report on Friday, December 15th. Zacks Investment Research upgraded Solaris Oilfield Infra from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research report on Thursday, January 11th. Finally, Citigroup raised their price target on Solaris Oilfield Infra to $26.00 and gave the stock an “outperform” rating in a research report on Friday, January 12th. One investment analyst has rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $19.79.
Solaris Oilfield Infra stock traded down $0.08 during mid-day trading on Friday, hitting $17.13. 463,056 shares of the company’s stock were exchanged, compared to its average volume of 419,014. The company has a market capitalization of $788.92 and a PE ratio of 35.69. Solaris Oilfield Infra has a fifty-two week low of $9.90 and a fifty-two week high of $23.98. The company has a current ratio of 4.27, a quick ratio of 3.90 and a debt-to-equity ratio of 0.10.
Solaris Oilfield Infra (NYSE:SOI) last issued its quarterly earnings data on Tuesday, March 6th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by ($0.01). The business had revenue of $25.20 million for the quarter, compared to analyst estimates of $24.22 million. Solaris Oilfield Infra had a return on equity of 11.07% and a net margin of 12.50%. The firm’s revenue was up 245.8% on a year-over-year basis. analysts predict that Solaris Oilfield Infra will post 1.72 EPS for the current fiscal year.
In other Solaris Oilfield Infra news, insider Cynthia M. Durrett sold 21,219 shares of Solaris Oilfield Infra stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $21.65, for a total value of $459,391.35. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W Howard Keenan, Jr. sold 1,408,388 shares of Solaris Oilfield Infra stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $21.65, for a total value of $30,491,600.20. The disclosure for this sale can be found here. Insiders sold a total of 2,059,988 shares of company stock worth $44,598,740 in the last three months.
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Solaris Oilfield Infra Company Profile
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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