Solaris Oilfield Infrastructure (SOI) Earning Somewhat Favorable Press Coverage, Analysis Shows

Media stories about Solaris Oilfield Infrastructure (NYSE:SOI) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Solaris Oilfield Infrastructure earned a news impact score of 0.22 on Accern’s scale. Accern also gave press coverage about the company an impact score of 48.3072342770452 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment’s analysis:

• Solaris Oilfield Infrastructure to Present at Barclays CEO Energy-Power Conference (finance.yahoo.com)
• Oppenheimer Holdings Equities Analysts Boost Earnings Estimates for Solaris Oilfield Infrastructure, Inc. (SOI) (americanbankingnews.com)
• [$$] Oil Stocks With 40%-Plus Upside (finance.yahoo.com)
• Solaris Oilfield Infrastructure, Inc. (SOI) Receives Consensus Recommendation of “Buy” from Brokerages (americanbankingnews.com)
• Solaris Oilfield Infrastructure, Inc. (SOI) Coverage Initiated by Analysts at Imperial Capital (americanbankingnews.com)

Several equities analysts recently issued reports on the stock. Raymond James Financial, Inc. assumed coverage on shares of Solaris Oilfield Infrastructure in a report on Thursday, July 20th. They set an “outperform” rating for the company. UBS AG assumed coverage on shares of Solaris Oilfield Infrastructure in a report on Wednesday, July 19th. They set an “outperform” rating for the company. Zacks Investment Research raised shares of Solaris Oilfield Infrastructure from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a report on Saturday, August 19th. Seaport Global Securities reissued a “buy” rating on shares of Solaris Oilfield Infrastructure in a report on Thursday, July 20th. Finally, Oppenheimer Holdings, Inc. reissued an “outperform” rating and set a $16.00 price target (up from $15.00) on shares of Solaris Oilfield Infrastructure in a report on Thursday, August 10th. Thirteen research analysts have rated the stock with a buy rating, Solaris Oilfield Infrastructure has a consensus rating of “Buy” and a consensus target price of $16.20.

Shares of Solaris Oilfield Infrastructure (SOI) opened at 13.27 on Friday. The firm has a market cap of $144.70 million and a PE ratio of 46.08. The firm has a 50-day moving average of $12.69 and a 200 day moving average of $12.01. Solaris Oilfield Infrastructure has a 52-week low of $9.90 and a 52-week high of $14.07.

Solaris Oilfield Infrastructure (NYSE:SOI) last issued its quarterly earnings results on Monday, August 14th. The company reported $0.41 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.34. The firm had revenue of $13.39 million during the quarter, compared to analysts’ expectations of $12.36 million. The firm’s revenue for the quarter was up 349.9% compared to the same quarter last year. On average, equities analysts predict that Solaris Oilfield Infrastructure will post $0.51 earnings per share for the current year.

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About Solaris Oilfield Infrastructure

Solaris Oilfield Infrastructure, Inc manufactures and provides its mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. The Company offers its services to oil and natural gas exploration and production (E&P) companies, as well as oilfield service companies.