Solaris Energy Infrastructure, Inc. (NYSE:SEI) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analyst sentiment is moderately bullish: Ten of 12 analysts rate Solaris Energy Infrastructure a “buy,” while one rates it a hold and one a sell. The average 12-month price target is $87.17.
• Solaris reported quarterly EPS of $0.39, exceeding the $0.31 consensus estimate, on revenue of $219.4 million. Analysts expect full-year EPS of $0.91.
• SEI shares opened at $49.82, compared with a 52-week range of $24.57 to $86.19, while institutional investors and hedge funds own 67.44% of the stock.

Shares of Solaris Energy Infrastructure, Inc. (NYSE:SEI - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twelve analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $87.1667.

Several analysts have commented on SEI shares. Citigroup boosted their target price on shares of Solaris Energy Infrastructure from $61.00 to $84.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Weiss Ratings lowered Solaris Energy Infrastructure from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Wall Street Zen downgraded shares of Solaris Energy Infrastructure from a "sell" rating to a "strong sell" rating in a report on Saturday, August 8th. Stifel Nicolaus set a $98.00 price objective on Solaris Energy Infrastructure in a research report on Friday, August 7th. Finally, Piper Sandler upped their target price on shares of Solaris Energy Infrastructure from $80.00 to $82.00 and gave the company an "overweight" rating in a research note on Thursday.

Solaris Energy Infrastructure Stock Performance

Shares of SEI opened at $49.82 on Friday. The company's 50 day moving average price is $62.21 and its 200 day moving average price is $63.47. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. Solaris Energy Infrastructure has a 52 week low of $24.57 and a 52 week high of $86.19. The company has a market capitalization of $3.81 billion, a PE ratio of 58.61 and a beta of 1.23.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.39 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.08. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. The business had revenue of $219.40 million for the quarter. Research analysts expect that Solaris Energy Infrastructure will post 0.91 EPS for the current fiscal year.

Institutional Trading of Solaris Energy Infrastructure

Several hedge funds have recently modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in Solaris Energy Infrastructure during the 4th quarter valued at $28,000. Strs Ohio bought a new position in Solaris Energy Infrastructure in the 1st quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd acquired a new position in Solaris Energy Infrastructure during the 3rd quarter worth $31,000. Larson Financial Group LLC lifted its holdings in Solaris Energy Infrastructure by 363.0% during the 3rd quarter. Larson Financial Group LLC now owns 1,014 shares of the company's stock worth $41,000 after buying an additional 795 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Solaris Energy Infrastructure by 105.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,205 shares of the company's stock valued at $56,000 after buying an additional 619 shares during the last quarter. Institutional investors and hedge funds own 67.44% of the company's stock.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure Fund Inc NYSE: SEI is a closed-end management investment company that seeks to provide total return through a combination of current income and capital appreciation. The fund pursues its objective by investing primarily in equity securities of energy infrastructure companies, including master limited partnerships (MLPs) and other midstream entities. SEI is externally managed by Solaris Asset Management LP, a firm specializing in energy infrastructure investments.

The fund’s portfolio targets businesses involved in the gathering, processing, transportation, storage and terminalling of oil, natural gas and refined products.

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