Solstice Advanced Mat (NASDAQ:SOLS) Now Covered by TD Cowen

Equities research analysts at TD Cowen began coverage on shares of Solstice Advanced Mat (NASDAQ:SOLS) in a research note issued on Monday. The brokerage set a “hold” rating and a $90.00 price target on the stock. TD Cowen’s price target indicates a potential upside of 11.08% from the company’s current price.

Several other equities research analysts have also recently commented on SOLS. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. BMO Capital Markets boosted their target price on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank Of Canada increased their target price on shares of Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Vertical Research cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a report on Thursday, May 14th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $87.38.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ SOLS opened at $81.02 on Monday. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a market cap of $12.87 billion and a P/E ratio of 91.03. The stock has a fifty day moving average price of $81.33 and a two-hundred day moving average price of $68.03. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million during 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. Research analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Global Trust Asset Management LLC purchased a new stake in shares of Solstice Advanced Mat in the 1st quarter valued at approximately $26,000. Princeton Global Asset Management LLC purchased a new position in Solstice Advanced Mat during the 1st quarter worth approximately $27,000. Westfuller Advisors LLC purchased a new position in Solstice Advanced Mat during the 1st quarter worth approximately $36,000. Darwin Wealth Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter valued at $37,000. Finally, Westerkirk Capital Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $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.