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After finishing at $8.34 in the prior trading day, Solaris Oilfield Infrastructure Inc (NYSE: SOI) closed at $8.16, down -2.16%. In other words, the price has decreased by -$2.16 from its previous closing price. On the day, 0.88 million shares were traded. SOI stock price reached its highest trading level at $8.45 during the session, while it also had its lowest trading level at $8.15.
Ratios:
Our goal is to gain a better understanding of SOI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 41.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cowen on February 23, 2022, Reiterated its Market Perform rating but revised its target price to $10 from $11 previously.
On April 09, 2021, Cowen Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $14 to $12.
Cowen reiterated its Outperform rating for the stock on February 23, 2021, while the target price for the stock was revised from $12 to $14.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 15 ’24 when Powell Christopher M sold 17,500 shares for $8.50 per share. The transaction valued at 148,750 led to the insider holds 130,202 shares of the business.
THRC Holdings, LP sold 40,000 shares of SOI for $324,800 on Dec 08 ’23. The 10% Owner now owns 3,178,875 shares after completing the transaction at $8.12 per share. On Aug 28 ’23, another insider, BURKE JAMES R, who serves as the Director of the company, sold 11,236 shares for $10.39 each. As a result, the insider received 116,742 and left with 11,905 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOI now has a Market Capitalization of 359283968 and an Enterprise Value of 390836864. As of this moment, Solaris’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.55, and their Forward P/E ratio for the next fiscal year is 9.19. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 1.334 whereas that against EBITDA is 4.436.
Stock Price History:
Over the past 52 weeks, SOI has reached a high of $11.32, while it has fallen to a 52-week low of $6.59. The 50-Day Moving Average of the stock is -1.25%, while the 200-Day Moving Average is calculated to be -9.57%.
Shares Statistics:
The stock has traded on average 404.19K shares per day over the past 3-months and 281560 shares per day over the last 10 days, according to various share statistics. A total of 28.97M shares are outstanding, with a floating share count of 23.89M. Insiders hold about 18.57% of the company’s shares, while institutions hold 82.01% stake in the company. Shares short for SOI as of 1711584000 were 1133503 with a Short Ratio of 2.80, compared to 1709164800 on 1040105. Therefore, it implies a Short% of Shares Outstanding of 1133503 and a Short% of Float of 4.5500003.
Dividends & Splits
In the trailing 12 months, SOI’s forward annual dividend rate was 0.45, compared to 0.46 this year. The stock’s 5-year Average Dividend Yield is 4.51.
Earnings Estimates
Solaris Oilfield Infrastructure Inc (SOI) is currently under the scrutiny of SoFi Technologies, Inc. analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $69.80, with high estimates of $1.07 and low estimates of $50.01.
Analysts are recommending an EPS of between $Basic Materials and $Technology for the fiscal current year, implying an average EPS of $Utilities.
