Solaris Energy Infrastructure, Inc. (SEI) - What Are Investment Firms Saying About This Stock?

Key Points

• Analysts remain broadly bullish: Twelve brokerages have a consensus “Buy” rating on Solaris Energy Infrastructure, with an average 12-month price target of $94.17 versus a recent price of $62.86.
• Solaris reported quarterly EPS of $0.39, beating the $0.31 consensus estimate, on revenue of $219.4 million. Analysts expect full-year EPS of approximately $1.16.
• Institutional ownership is substantial at 67.44%, while company insiders own 20.23%; director A. Teague also purchased 3,900 shares for roughly $250,000 in September.

Solaris Energy Infrastructure, Inc. (NYSE:SEI - Get Free Report) has been given a consensus recommendation of "Buy" by the twelve brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $94.17.

Several equities research analysts have recently issued reports on the company. Weiss Ratings cut Solaris Energy Infrastructure from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Piper Sandler boosted their target price on Solaris Energy Infrastructure from $80.00 to $82.00 and gave the stock an "overweight" rating in a research report on Thursday, August 27th. Wells Fargo & Company reissued an "outperform" rating and set a $85.00 price target on shares of Solaris Energy Infrastructure in a research note on Friday, September 25th. Zacks Research upgraded Solaris Energy Infrastructure from a "hold" rating to a "strong-buy" rating in a report on Friday, October 9th. Finally, Raymond James Financial raised their price target on Solaris Energy Infrastructure from $82.00 to $96.00 and gave the company an "outperform" rating in a report on Wednesday, September 9th.

Solaris Energy Infrastructure Stock Performance

Shares of NYSE SEI opened at $62.86 on Friday. The company has a market cap of $4.81 billion, a P/E ratio of 73.95 and a beta of 1.28. Solaris Energy Infrastructure has a 52-week low of $38.50 and a 52-week high of $86.19. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. The firm's fifty day moving average is $63.95 and its two-hundred day moving average is $66.44.

Solaris Energy Infrastructure (NYSE:SEI - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.31 by $0.08. The business had revenue of $219.40 million during the quarter. Solaris Energy Infrastructure had a net margin of 7.19% and a return on equity of 13.26%. As a group, analysts anticipate that Solaris Energy Infrastructure will post 1.16 EPS for the current fiscal year.

Insider Activity

In other news, Director A. Teague acquired 3,900 shares of the firm's stock in a transaction dated Tuesday, September 8th. The shares were acquired at an average cost of $64.21 per share, with a total value of $250,419.00. Following the acquisition, the director directly owned 116,865 shares of the company's stock, valued at approximately $7,503,901.65. The trade was a 3.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 20.23% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Jennison Associates LLC lifted its holdings in shares of Solaris Energy Infrastructure by 215.1% in the 1st quarter. Jennison Associates LLC now owns 1,179,736 shares of the company's stock worth $66,667,000 after acquiring an additional 805,319 shares during the last quarter. Two Seas Capital LP purchased a new position in shares of Solaris Energy Infrastructure during the 3rd quarter worth about $56,007,000. Ranger Investment Management L.P. purchased a new position in shares of Solaris Energy Infrastructure during the 2nd quarter worth about $46,967,000. Bank of New York Mellon Corp purchased a new position in shares of Solaris Energy Infrastructure during the 2nd quarter worth about $30,881,000. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its holdings in Solaris Energy Infrastructure by 536.1% during the 1st quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 388,000 shares of the company's stock valued at $21,926,000 after purchasing an additional 327,000 shares during the last quarter. 67.44% of the stock is owned by hedge funds and other institutional investors.

About Solaris Energy Infrastructure

Solaris Energy Infrastructure, Inc NYSE: SEI is an energy infrastructure company that develops, owns and operates mobile and distributed power-generation and energy-management systems. The company provides customers with reliable electricity and related infrastructure designed for applications that require flexible, scalable power capacity.

Solaris' offerings have historically included natural gas-powered mobile generators, battery energy-storage systems, power distribution equipment and associated services.

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