Solaris Oilfield Infrastructure Inc (NYSE: SOI) has a higher price-to-earnings ratio of 11.87x compared to its average ratio, The 36-month beta value for SOI is at 1.28. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SOI is 23.89M, and currently, shorts hold a 5.64% of that float. The average trading volume for SOI on April 26, 2024 was 385.45K shares.
SOI) stock’s latest price update
Solaris Oilfield Infrastructure Inc (NYSE: SOI)’s stock price has increased by 8.51 compared to its previous closing price of 8.46. However, the company has seen a 6.74% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-25 that Solaris Oilfield Infrastructure, Inc. (SOI) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.24 per share a year ago.
SOI’s Market Performance
SOI’s stock has risen by 6.74% in the past week, with a monthly rise of 6.62% and a quarterly rise of 16.79%. The volatility ratio for the week is 2.79% while the volatility levels for the last 30 days are 2.73% for Solaris Oilfield Infrastructure Inc The simple moving average for the last 20 days is 6.35% for SOI stock, with a simple moving average of 1.78% for the last 200 days.
Analysts’ Opinion of SOI
Many brokerage firms have already submitted their reports for SOI stocks, with Cowen repeating the rating for SOI by listing it as a “Market Perform.” The predicted price for SOI in the upcoming period, according to Cowen is $10 based on the research report published on February 23, 2022 of the previous year 2022.
Cowen, on the other hand, stated in their research note that they expect to see SOI reach a price target of $12, previously predicting the price at $14. The rating they have provided for SOI stocks is “Market Perform” according to the report published on April 09th, 2021.
Cowen gave a rating of “Outperform” to SOI, setting the target price at $14 in the report published on February 23rd of the previous year.
SOI Trading at 9.25% from the 50-Day Moving Average
After a stumble in the market that brought SOI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.94% of loss for the given period.
Volatility was left at 2.73%, however, over the last 30 days, the volatility rate increased by 2.79%, as shares surge +4.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.36% upper at present.
During the last 5 trading sessions, SOI rose by +5.00%, which changed the moving average for the period of 200-days by -0.22% in comparison to the 20-day moving average, which settled at $8.65. In addition, Solaris Oilfield Infrastructure Inc saw 15.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SOI starting from Powell Christopher M, who sale 17,500 shares at the price of $8.50 back on Mar 15 ’24. After this action, Powell Christopher M now owns 130,202 shares of Solaris Oilfield Infrastructure Inc, valued at $148,750 using the latest closing price.
THRC Holdings, LP, the 10% Owner of Solaris Oilfield Infrastructure Inc, sale 40,000 shares at $8.12 during a trade that took place back on Dec 08 ’23, which means that THRC Holdings, LP is holding 3,178,875 shares at $324,800 based on the most recent closing price.
Stock Fundamentals for SOI
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.45 for the gross margin
The net margin for Solaris Oilfield Infrastructure Inc stands at 0.1. The total capital return value is set at 0.11. Equity return is now at value 10.94, with 4.96 for asset returns.
Based on Solaris Oilfield Infrastructure Inc (SOI), the company’s capital structure generated 0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 5.32. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is 21.95.
Currently, EBITDA for the company is 87.9 million with net debt to EBITDA at 0.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.48. The receivables turnover for the company is 5.48for trailing twelve months and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
In conclusion, Solaris Oilfield Infrastructure Inc (SOI) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
