Media coverage about Solaris Oilfield Infra (NYSE:SOI) has been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Solaris Oilfield Infra earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 48.4212956754933 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern’s rankings:
Shares of Solaris Oilfield Infra traded down $0.07, reaching $16.54, during midday trading on Friday, according to MarketBeat Ratings. The stock had a trading volume of 1,229,886 shares, compared to its average volume of 789,307. Solaris Oilfield Infra has a one year low of $9.90 and a one year high of $23.98. The company has a market cap of $785.16 million and a PE ratio of 34.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.29 and a quick ratio of 2.90.
Solaris Oilfield Infra (NYSE:SOI) last announced its earnings results on Wednesday, May 9th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.29 by $0.02. The business had revenue of $36.02 million during the quarter, compared to the consensus estimate of $33.06 million. Solaris Oilfield Infra had a net margin of 10.28% and a return on equity of 13.49%. The business’s revenue was up 248.9% compared to the same quarter last year. analysts expect that Solaris Oilfield Infra will post 1.73 earnings per share for the current year.
Several research firms have weighed in on SOI. Zacks Investment Research lowered shares of Solaris Oilfield Infra from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 9th. Piper Jaffray Companies set a $21.00 target price on shares of Solaris Oilfield Infra and gave the stock a “buy” rating in a report on Tuesday, April 3rd. Two research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Solaris Oilfield Infra has an average rating of “Buy” and an average price target of $19.79.
In related news, Director William A. Zartler bought 6,000 shares of Solaris Oilfield Infra stock in a transaction that occurred on Tuesday, May 22nd. The stock was acquired at an average price of $16.17 per share, with a total value of $97,020.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Kyle S. Ramachandran bought 5,000 shares of Solaris Oilfield Infra stock in a transaction that occurred on Tuesday, May 22nd. The shares were bought at an average cost of $16.17 per share, with a total value of $80,850.00. The disclosure for this purchase can be found here. Insiders own 14.44% of the company’s stock.
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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